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Module Maker Alpex Solar to Use IPO Proceeds to Expand Manufacturing

Greater Noida-based solar module manufacturer Alpex Solar’s ₹745 million (~$8.9 million) maiden initial public offering (IPO) of 6.48 million equity shares was...

February 13, 2024

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B.S. Nagaraj

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Manufacturing

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Markets & Policy

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Solar
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Waaree to Raise ₹30 Billion via IPO to Fund Solar Module Facility

Mumbai-based solar module manufacturer Waaree Energies has filed draft papers with the market regulator to raise ₹30 billion (~$361 million) in an initial public...

December 29, 2023

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B.S. Nagaraj

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Finance and M&A

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Solar
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Canadian Solar to Set Up 5 GW Cell Production Facility in the US

Solar module manufacturer Canadian Solar has announced it is setting up a 5 GW solar photovoltaic cell production facility in Jeffersonville, Indiana in the United...

October 30, 2023

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Staff

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Manufacturing

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Solar
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Solar Exports Surged 6,293% YoY in Q1 2023, Imports Fell 34%

India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year (CY) 2023, a staggering increase of 6,293%...

May 22, 2023

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Until There is Clarity on ALMM, Manufacturers May Push Their Capacities Out: Interview

Indian solar module manufacturing was dealt a severe blow when earlier this year, the government put the operation of the Approved List of Models and Manufacturers...

May 16, 2023

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B.S. Nagaraj

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Markets & Policy

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Solar
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Indian Solar Module Makers Must Revise Cost and Become Competitive: Interview

With expanding scale of domestic module manufacturing, the industry is incentivized to develop indigenous technologies and know-how, which China currently dominates,...

May 12, 2023

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Sumit Jha

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Markets & Policy

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Modules

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Solar
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China Securities Regulatory Commission Approves Canadian Solar’s IPO

The China Securities Regulatory Commission has approved the registration of CSI Solar, the engineering, procurement, and construction arm of solar module maker Canadian...

March 24, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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SEG Solar Acquires 2 GW Solar Module Manufacturing Facility in Texas

California-based solar module maker SEG Solar announced the acquisition of a manufacturing facility in Texas with the capacity to produce over 2 GW of solar modules. The...

March 20, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Shirdi Sai Electricals to Bid for PLI-II, Expand Manufacturing Capacity to 10 GW

With an estimated 220 GW of solar capacity required by the decade’s end to meet the 280 GW goal set by the government, India needs a significant manufacturing...

February 7, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar
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JA Solar to Supply Modules for 875 MW Solar Project in Qatar

Beijing-based solar module maker JA Solar has signed a deal with Samsung C&T, a South Korea-based construction and engineering company, to supply photovoltaic...

January 23, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Battery Tech Company Group14 Completes $614 Million Series C Funding Round

Global manufacturer of advanced silicon battery technology Group14 Technologies said it has raised $214 million in additional financing and completed its $614 million...

December 15, 2022

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Jinko, Trina, JA Solar, LONGi, Adani Top Solar Module Suppliers in 1H 2022

Jinko Solar, Trina Solar, JA Solar, LONGi Solar, and Adani Solar were the leading module suppliers to the Indian solar market in the first half (1H) of the calendar year...

November 29, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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Canadian Solar’s Q3 Net Income Soars 123% to $78.5 Million on Strong Demand

Solar module manufacturer Canadian Solar reported a net income of $78.5 million for the third quarter (Q3) of the financial year 2022, a surge of 123% year-over-year...

November 22, 2022

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Sumit Jha

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Finance and M&A

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Solar
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Daily News Wrap-Up: ib vogt Commissions 116 MW Solar Project in Malaysia

Here are some noteworthy cleantech announcements of the day from around the world: ib vogt has achieved commercial operation of the 116 MW Coara Marang solar project in...

October 28, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Waaree Energies Raises ₹10 Billion to Expand Solar Module Manufacturing Capacity

Indian solar module manufacturer Waaree Energies has raised ₹10 billion (~$122.63 million) from various high-net-worth individuals and private offices. The proceeds will...

October 6, 2022

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Arjun Joshi

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Finance and M&A

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Solar

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