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As costs in China increase, and also confronted with tariff walls in several markets, numerous Chinese makers have sought manufacturing locations in South East Asia, notably Vietnam. The trend is not expected to mellow out anytime quickly, although nations and major markets like India will certainly expect to see more rate of interest as well for production.

The deal belongs to Verbund's strategy to generate 20-25 per cent of its electrical energy from photovoltaic or pv resources and offshore wind farms.

Solar panel glass maker Borosil Renewables has announced that it will invest Rs 1,500 crore over the following 2 years to broaden its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25.

Independent power producer (IPP) Cypress Creek Renewables has actually closed a US$ 125 million debt facility to fund the expansion of its solar and storage space pipe.

Russia's invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power manufacturer (IPP) Scatec.

Amsterdam-based solar programmer Photon Energy NV (WSE: PEN) claimed on Friday it has actually brought online a 1.4-MWp solar plant in Hungary, increasing its portfolio of proprietary solar farms in the nation to 51.8 MWp.

NextEnergy Solar Fund Ltd (LON: NESF), the detailed investment firm handled by NextEnergy Capital Group, on Monday said it has inked its 2nd co-investment offer abroad for a 13% stake in a 210-MW solar project in Portugal.

Building and construction work with a 50-MW solar project created by a Belectric-CCC consortium in eastern Egypt is nearing completion, with commissioning set up for the third quarter of this year.

Energy conversion equipment specialist Ingeteam will supply a 70MW/340MWh battery energy storage space system (BESS) in northern Italy for a 2023 delivery date.

Headquarters set up in Aix-en-Provence that are headed by Raphael Colas

The much awaited tender for 600 MW floating solar (in 2 stages of 300 MW each) on the Omkareshwar storage tank in Madhya Pradesh has finally seen AMP Energy, NHDC and also SJVN winning with bids of Rs 3.21, Rs 3.22 as well as Rs 3.26/ unit specifically. For AMP Energy and SJVN this is the 2nd project win today after the wins at SECI's Hybrid tender results on Thursday.

Altius' subsidiary Great Bay Renewables has actually carried out agreements to spend into a new international renewables development platform called Bluestar Energy Capital. Great Bay is likewise investing alongside another institutional financier for a minority equity ownership in Bluestar

" In this era of fierce competition, along with having excellent item quality as a guarantee, we must additionally have a strong brand as a guide and also a strong channel foundation as a support, so that business can acquire a firm foothold in the ever-changing international market," states Growatt.

Indian independent power manufacturer (IPP) Azure Power has appointed Harsh Shah as CEO, reliable from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.

Leading solar manufacturer LONGi has actually disclosed it expects to finish 2022 with solar wafer, cell and also module production capacity of 150GW, 60GW and also 85GW respectively.