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First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu

American solar module manufacturer First Solar inaugurated its new solar manufacturing facility in Tamil Nadu. The global cleantech company claimed it to be the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, T R B Rajaa inaugurated the facility in a ceremony attended by […]

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Singapore’s Nexif Ratch Energy Appoints Cyril Dissescou CEO

Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”), a leading owner/operator and developer of clean-energy power projects in the Asia Pacific region, has announced the appointment of Cyril Dissescou as its Chief Executive Officer. Cyril takes over from Matthew Bartley who stepped in as interim CEO to establish Nexif Ratch Energy during its first […]

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€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal

The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […]

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VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant

VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […]

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Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects

Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain.  The collaboration is likely to open avenues for […]

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Uttarakhand to Welcome 500 MW Solar Park in Unison with Rays Power Infra

Rays Power Infra Ltd, a player in the solar energy sector, has entered into a Memorandum of Understanding (MoU) with the Uttarakhand Government to build a 500 MW solar park. The MoU signing ceremony, held at Dehradun on December 5, 2023, witnessed the participation of key stakeholders, including the Chief Minister of Uttarakhand. Ketan Mehta, […]

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JinkoSolar Solar Panel Delivery Reaches 200 GW Mark

One of the largest module manufacturers in the world, JinkoSolar solar panel delivery has reached the landmark of 200 GW globally. As per the firm, this indicates that one of every eight panels installed on the earth today is a JinkoSolar solar panel. JinkoSolar said its “exponential growth” was the result of its strong focus […]

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Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024

Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call.  In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […]

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Canadian Solar Sets Sights on 5 GW Wafer Unit in Thailand

Solar manufacturer Canadian Solar is set to introduce a 5 GW solar wafer production unit in Chonburi, Thailand. The manufacturing facility, which will boast N-type wafer, will be operational by next year in March. In 2024, it will supply to the TOPCon cell manufacturing unit in Thailand. Later, by year 2025, the wafers will be […]

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