SUBSCRIBE NEWS LETTER

solar manufacturing

ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses

“The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of  ReneSolar.” ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the “SPA”) with Xianshou Li, Chairman and Chief Executive Officer of […]

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Japan’s Softbank to invest in Indian Solar Manufacturing to boost Modi’s 100GW target

Japan’s SoftBank Group Corp. has its mind on collaborating with Indian manufacturers to produce the solar panels that will facilitate in meeting the Prime Minister Narendra Modi’s energy targets. Manoj Kohli, Executive Chairman of SB Energy said to Bloomberg, “SoftBank’s strategy for India includes solar panel manufacturing.” He also ruled out making the panels through […]

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Pennar, Zetwerk To Enter Into JV For Solar Module Manufacturing

Telangana-based Pennar Industries recently executed a Joint Venture Agreement with Zetwerk Manufacturing Businesses and others for the incorporation of a Joint Venture company. They entered the joint venture by subscribing to the equity share capital of the Joint Venture Company. Pennar Industries said in a regulatory filing, “The proposed Joint Venture company will be formed […]

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Airox Nigen Announces 2 GW Solar Module Manufacturing Facility

Renewable energy company Airox Nigen has announced the establishment of a solar module cutting-edge manufacturing line under the brand name AHAAN SOLAR. This initiative marks the first phase of its 2 GW renewable energy facility in Haryana. The proposed plan is situated in a 17-acre Renewable Energy Park in Rohnat, Haryana. This park will also […]

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INOXGFL Group Forays Into Solar Modules, Cell Manufacturing

Noida-based wind energy company INOXGFL group has announced a foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. The move ostensibly completes the group’s interests across the entire renewable energy ecosystem. to make it what it hopes will be the one of the deepest integrated groups in India in the […]

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US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report

The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […]

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Solar Cell Manufacturing: Gujarat To Take The Lead, Odisha New Entrant

India is on the cusp of a major transformation in solar cell production, and Gujarat is set to take the lead in solar cell manufacturing. With the country’s solar manufacturing sector rapidly expanding, the majority of announced and existing solar cell plants are concentrated in Gujarat, though emerging states like Odisha and Tamil Nadu are […]

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Waaaree Energies Plans To Start Solar Cell Manufacturing From Dec

Waaree Energies, a Mumbai-based solar manufacturing company, has set mid-December as the deadline for commissioning its solar cell production facility. The company stated that work is in its final stages to begin operations at its Chikhli plant in Gujarat, where it had earlier invested in setting up the cell line. During the latest investors’ call, […]

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