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solar manufacturing capacity

Vietnam’s Boviet Solar Confirms 255 MW Solar Capacity Win in the United States

Vietnam-headquartered Boviet Solar has signed a contract with a renewable energy provider to supply 255 MW of PV Modules for a utility-scale solar project in the United States. It has a 1.5 GW Monocrystalline PERC Cell & Module Manufacturing capacity. Boviet Solar makes monocrystalline wafer technology integrated with PERC, half-cut, multi-busbar, Monofacial, and Bifacial PV […]

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META4 To Invest Rs 250 Crore In Electric Two-Wheeler Manufacturing In India

Looking to grab a piece of the EV pie in India, the United Arab Emirates (UAE) based META4 has announced that it will be investing Rs 250 crore in the state of Telangana to set up an electric two-wheeler manufacturing facility. META4 has also held that it has signed a pact with the Telangana Government […]

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Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil

In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […]

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South East Asia Solar Exports To US Might Get A Two Year Free Pass

In a possible move to keep up the momentum of Solar capacity build out in the US, President Joe Biden is likely to use his executive authority vested in the Presidency to allow for a two year waiver for imports from South East Asia. This follows the exemptions given to Bifacial module imports earlier, which […]

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Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030

Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […]

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NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts

India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […]

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Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd.

Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […]

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EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings

The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […]

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