In Short : Inox Solar has secured land in Dhenkanal, Odisha, to set up a 4.8 GW solar module and cell manufacturing plant. With an investment of ₹4,000 crore, the project will be developed in two phases and create around 3,400 jobs. It supports Odisha’s goal to reach 7.5 GW solar capacity by 2030. In […]
Fortescue Future Industries has tipped new funds into Dutch thin-film PV maker Hyet Solar, in a move to fast-track the delivery of a Netherlands-based factory that aims to produce at least 40MW of low-cost solar modules a year. FFI said on Tuesday that it has joined Dutch investment fund Teslin Participates in providing an undisclosed […]
Risen Energy Co. is planning to build a 45 billion yuan ($7 billion) integrated solar power factory in Inner Mongolia that’ll run on clean energy. The plant will produce materials across the supply chain from industrial silicon to finished solar modules, the company said in a Dec. 27 filing with the Shenzhen stock exchange. It’ll […]
The exporting underscores the depth of Tesla’s troubles in the U.S. solar business, which the electric car maker entered in 2016 with its controversial $2.6 billion purchase of SolarCity The “great majority” of solar cells being produced at Tesla’s factory in upstate New York are being sold overseas instead of being used in the company’s […]