SUBSCRIBE NEWS LETTER

solar manufacturing

Maxeon Reports Around $3 M Loss, 434 MW Shipments in Q2 FY21

Singaporean solar innovation company Maxeon Solar Technologies has announced its financial results for the second quarter ended July 4, 2021, reporting around $176 million in revenues and $2.8 million in losses in Q2 FY21. While the company suffered losses worth $8 million in the year-ago period, it managed to earn a profit of $1.051 million […]

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Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead

Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […]

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40 Electric Buses from Ashok Leyland Hit Roads of Chandigarh

A multinational automotive manufacturer from Hinduja Group, Ashok Leyland, has rolled out its electric buses (e-buses) in Chandigarh. On Wednesday, the Governor of Chandigarh, VP Singh Bandore flagged off the set of 40 electric buses from Ashok Leyland in its first phase. According to the firm, Ashok got the order to build electric buses that […]

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Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030

Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […]

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Sicona Secures AU$3.7 M to Expand Battery Supplies Tech

Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […]

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MNRE Issues RLMM List For Wind Turbines

The Revised list of models and manufacturers (RLMM) for Wind turbines in India has none of the surprises one associates with the ALMM (Approved list of Module Maufacturers) list for solar producers. For where the ALMM list is restricted to domestic manufacturers for now, the RLMM list has as many as 9 out of 14 […]

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Over 5.17 Lakh EVs Registered over Three Years in India Under FAME

The Ministry of Heavy Industries of India declared that India registered a total of 5,17,322 electric vehicles (EVs) over three years under the FAME scheme.  Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme was launched in 2015 to promote the adoption of EVs in the country. At present, Phase-II […]

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ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions

 ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […]

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Nanotech Energy Secures $64 M for Global Graphene Business

American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […]

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