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Reliance Backed Wafer Manufacturing StartUp NexWafe Plans 6GW US Manufacturing Plant

German solar startup NexWafe GmbH, which counts India’s Reliance among its key investors, is considering a major expansion in the US with 6 GW of solar wafer manufacturing capacity there. Towards this end, NexWafe GmbH has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial […]

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Tracker Firm PVH Claims New Process Will Reduce Installation Time by 40%

Valencia, Spain based PVHardware (PVH or Polígono Industrial Castilla Vial), a global solar tracker manufacturing firm, has unveiled what it terms a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. PVH claims that this strategic innovation dramatically slashes the number of components shipped to installation sites by […]

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Iberdrola To Build Six BESS Projects Of 150-MW In Spain

Global renewable energy conglomerate Iberdrola has announced that it will install six Battery Energy Storage Systems (BESS) with a combined capacity of 150 MW in Spain. Battery storage technology is becoming increasingly important for maximising the use of clean energy, regulating the grid frequency to within a millisecond and providing back-up capacity at peak energy […]

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Inflation Reduction Act to create 67,000 jobs & $2 billion income in rural US: Report

Inflation Reduction Act was signed into law in the United States in August 2022. The act aims to set newer policy measures to reduce carbon emission, improve healthcare and taxpayer compliance. It also allocates money directly to environmental justice priorities. According to McKinsey, the Inflation Reduction Act is the third piece of legislation in the […]

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Waaree Renewable Reports 158% Jump In PAT In Q3

Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis.  It also announced a 158.09% increase in Profit After Tax […]

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LONGi Makes Case For Net Zero Manufacturing At WEF Davos

As one of the newest recipients of the World Economic Forum (WEF) “Lighthouse Factory” recognition, Chinese solar giant LONGi made a strong case for net zero manufacturing powered by clean energy. For LONGi, which will celebrate it’s 25th year of founding in 2025, the journey to be the leading solar player has been truly impressive. […]

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Hybrid RE Power Can Cut LCOE Of Green H2 Upto $4.3/kg By 2030: Report

A latest report from Wood Mackenzie claimed that solar-wind hybrid energy can be used to bring down the cost of production of Green Hydrogen. Wood Mackenzie is a research organization that published reports on energy and related issues. The latest report was specifically talked about the roadmap of India’s renewable sector to achieve net-zero. The Wood […]

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American Firm AES Completes Construction of 3.5 GW Of Renewables

America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […]

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EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales

As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […]

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