Vikram Solar, Phalanx Impact and Das & Co form JV for ingot-to-module manufacturing in USA
India’s Vikram Solar and New York-based private equity firm Phalanx Impact Partners and investment advisor Das & Co. have formed a joint venture to establish 4 GW of ingot-to-module manufacturing operations in the USA with a planned investment of up to $1.5 billion.
The top causes of solar performance issues
A staggering 62% of inspected projects in USA were identified to have critical or major issues in a report by HelioVolt.
India remains world’s most attractive solar market
India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index.
US solar market expected to triple in size by 2028
The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.
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.
