Jinko Solar Achieves Record Conversion Efficiency of 26.1% in N-type TOPCon Module

Jinko Solar Achieves Record Conversion Efficiency of 26.1% in N-type TOPCon Module

China-based solar cell and module manufacturer Jinko Solar announced achieving a record maximum solar conversion efficiency of 26.1% in its 182 mm N-type module, which is Jinko's latest TOPCon (tunnel ...
/ / Solar, Technology
Northvolt Raises $1.1 Billion to Fund Expansion of Battery and Cathode Production

Northvolt Raises $1.1 Billion to Fund Expansion of Battery and Cathode Production

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has signed a $1.1 billion convertible note to finance the expansion of its battery and cathode material production in Europe. In the past ...
Azure Power Signs Agreement to Secure Solar Module Supplies for the Next Four Years

Azure Power Signs Agreement to Secure Solar Module Supplies for the Next Four Years

Independent power producer Azure Power Global signed a Module Supply Agreement (MSA) with  Premier Energies Group to procure modules up to 600 MW annually for the next four years. Premier ...
/ / Finance and M&A, Solar
Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Canada-based solar photovoltaic module manufacturer Canadian Solar recorded revenue of $1.25 billion in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of 15% from $1.1 billion last year ...
Funding and M&A Roundup Lithium-ion Battery Manufacturer Mitra Raises $20 Million

Funding and M&A Roundup: Lithium-ion Battery Manufacturer Mitra Raises $20 Million

From: Mercom Capital Group Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, raised $20 million in a Series A funding round. Social Capital led the round with the ...
/ / Finance and M&A, Other
Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the third quarter of 2021 (Q3 2021). The firm’s net sales in Q3 2021 stood at $584 ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Solar Cell Manufacturer Exeger Raises $38 Million

Funding and M&A Roundup: Solar Cell Manufacturer Exeger Raises $38 Million

From: Mercom Capital Group Exeger, the Sweden-based solar cell manufacturer, secured $38 million in financing to start building its new solar cell factory in Stockholm, Sweden. This financing round includes ...
/ / Finance and M&A, Other
First Solar Reports 34% Year-Over-Year Slide in Net Sales in Q4 2020

First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4 billion in ...
Funding and M&A Roundup_ Statkraft Set to Acquire Solarcentury's 6 GW Portfolio

Funding and M&A Roundup: Statkraft Set to Acquire Solarcentury’s 6 GW Portfolio

From: Mercom Capital Group Royal Bafokeng Holdings (RBH), an African community investment company, is considering making a $20 million equity investment in DPA Africa Asset-Co. The company, set up by ...
/ / Other, Renewable Energy
Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow, a solar inverter manufacturer, reported that its revenue increased by 55.57% year-over-year (YoY). In the first half (1H) of the financial year (FY) 2020-21, its revenue inched up to ...
/ / Markets & Policy, Solar
The Daily News Wrap-Up_ ION Energy Signs Pact with esVolta, Solar Surges in Europe

The Daily News Wrap-Up: ION Energy Signs Pact with esVolta, Solar Surges in Europe

Here are some noteworthy cleantech news and announcements of the day from around the world: The California Independent System Operator (CAISO) has declared a stage 3 electrical emergency that triggers ...
/ / Other, Renewable Energy
India Prepares Blueprint for Battery Waste Management

India Prepares Blueprint for Battery Waste Management

The Ministry of Environment, Forest, and Climate Change (MoEFCC) recently issued a draft notification for battery waste management. The regulations will apply to all types of batteries as listed in ...
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

Siemens Gamesa and Inox Wind Bag Massive Orders in India

Since the inception of reverse bidding in India’s wind sector back in February 2017, approximately 10 GW of wind power projects have been auctioned in the country. And of late, ...
/ / Other, Wind
Interview - Government needs to ‘Handhold’ Local Solar Manufacturing for 5 to 10 Years

Interview: Government needs to ‘Handhold’ Local Solar Manufacturing for 5 to 10 Years

India’s domestic solar manufacturing sector is finding it difficult to cope with the falling prices of modules globally. In order to expand their businesses, local manufacturers need the government to ...
/ / Markets & Policy, Solar