Ohmium, NTPC sign PEM electrolyzers supply deal
Ohmium’s proton exchange membrane (PEM) electrolyzers will be used by NTPC to decarbonize energy, transport and ammonia projects.
First Solar acquires Swedish perovskite specialist Evolar
First Solar has agreed to pay $38 million to buy Swedish manufacturing startup Evolar AB, as it seeks to expand development of high-efficiency tandem PV tech.
Federal agents raid JinkoSolar factory in Florida
U.S. Homeland Security officers executed a search warrant on a solar panel manufacturing facility in Jacksonville.
US House of Representatives votes to resume solar tariffs
US President Joe Biden’s two-year halt on solar import tariffs is designed to create a bridge of supply as the United States ramps up its domestic manufacturing capacity.
Serentica Renewables secures additional $250 million from KKR
US investor KKR’s latest investment builds on its $400 million commitment to Serentica Renewables last year.
Saatvik establishes US subsidiary
The Indian solar manufacturer will sell its made-in-India PV modules in the USA through the newly opened office in Texas. Going forward, it plans to set up an overseas manufacturing facility too.
Rayzon Solar to manufacture TopCon modules in USA
Chirag Nakrani, director of Rayzon Solar, told pv magazine that their 500 MW PV module manufacturing facility in the USA will start production of TopCon modules by June 2024.
GameChange Solar promotes Vikas Bansal to President, International
In the new role, Vikas Bansal is tasked with scaling the international business of GameChange Solar, developing and executing the strategy to enter new markets, and developing delivery capabilities needed to cater to the exponential growth.
BrightNight partners with ACEN to develop over 1.2 GW hybrid renewable energy projects in India
ACEN Corp., the renewable energy arm of Filipino conglomerate Ayala Corp., will deploy $250 million equity plus related performance guarantees to support US-based BrightNight’s existing hybrid renewable energy portfolio and future growth in India.
Tata Power Renewable completes $525 million equity fundraising from BlackRock, Mubadala
The investment will fund Tata Power Renewable’s aggressive growth plans as it targets over 20 GW of renewables assets and a market-leading position in the rooftop and electric vehicle charging space across India over the next five years.
