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The Pushback Against China’s Dominance In Solar Manufacturing

Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […]

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Aether Industries To Add 15 MW Solar To Captive Capacity

Gujarat based speciality chemicals firm Aether Industries is adding to its existing captive solar capacity of 16 MW. With the initiation of a 15 MW Solar Power Project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment, the firm will move further towards powering operations using renewable energy.  The newest order has been entrusted to […]

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European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

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Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY

US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […]

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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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CEEC, Arctech Partner To Launch 400MW Solar Project In Uzbekistan

Global solar tracking company Arctech announced that its SkyWings single-axis solar trackers have enabled the on-schedule grid connection of the first 400 MW phase of China Energy Engineering Group’s (CEEC) 1GW solar project in Uzbekistan.  The country reportedly utilized 97 percent of its renewable energy potential. Uzbekistan is spearheading an ambitious energy transition strategy to achieve carbon neutrality by 2050. As a […]

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Nextracker Completes Separation from Flex, Now An Independent Firm

Nextracker Inc. (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, has announced the completion of Flex Ltd.’s spin-off of all of its remaining interests in Nextracker to Flex shareholders. This, together with certain other transactions relating to the spin-off also announced by Flex , resulted in a Nextracker ownership separation […]

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Trina Tracker Launches A Tracker+Module Combo Promising Higher Efficiency

TrinaTracker has launched its smart tracking optimal combination solution consisting of the new Vanguard 1P tracker and 700w+ modules. Unveiled on December 15, the enhanced Vanguard 1P module is a high-quality product that the firm claims offers increased security and reliability. It meets the requirements of customers who need trackers in composites application contexts. Easy […]

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Zetwerk Secures 375 MW Solar Module Deal with NTPC

Zetwerk, a managed marketplace for contract manufacturing, has secured a deal with National Thermal Power Corporation (NTPC) for supplying 375 MWp of solar PV modules. This project is led by NTPC – Renewable Energy Limited (REL).   Zetwerk, claims to be one of the largest suppliers for energy projects in segments such as solar, wind, and oil […]

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