Premier Energies IPO to open for subscription from Aug. 27
Premier Energies intends to use INR 968.6 crore from the net proceeds to part-finance the establishment of a 4 GW TOPCon solar cell and module manufacturing facility in the Hyderabad district of the Indian state of Telangana. Amount not exceeding 25% of the gross proceeds will be utilized for general corporate purposes.
Exide Industries invests INR 75 crore in lithium battery arm
Exide Industries Ltd has invested INR 74.99 crore in lithium battery arm Exide Energy Solutions by way of subscription to the equity share capital on rights basis.
Natron Energy announces $1.4 billion sodium ion battery factory in North Carolina
The company will open a 24 GW annual production facility, creating over 1,000 jobs.
Novel bifacial flexible PV cell offers 27% efficiency
Scientists have simulated dozens of electron transport layer-free cell structures and have identified the optimal design with a Zr:In2O3 front transparent electrode, a CuSCN hole transport layer, and a NAN rear transparent electrode. They have also optimized its thickness and bandgap.
Solar inverter manufacturer financial stability ranking updated
The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five.
Solar PV flooring for residential, commercial use
Turkey-based Ankara Solar Energy launched its own brand of walkable PV flooring for residential and commercial projects. Its 30 W and 120 W square panels with anti-slip glass front covers are sold with a supportive pedestal system, and are now available for the European and U.S. markets.
U.S. module manufacturers seek “critical” retroactive tariffs
Led by First Solar and Hanwha Q Cells, U.S. solar module manufacturers have filed allegations with the Commerce Department, citing “critical circumstances” and suggesting increased module imports due to their previous lawsuit filings.
Tokuyama plans polysilicon factory in Vietnam
Japan’s Tokuyama says it will build a new polysilicon manufacturing facility in an industrial park in Ba Ria-Vung Tau province, Vietnam.
Foxconn mulling battery energy storage unit in India
Taiwanese electronics manufacturer Foxconn (Hon Hai Technology Group), which is working on lithium ferro phosphate (LFP) and solidstate batteries, is exploring production of electric vehicles and battery energy storage systems in India.
Gensol Engineering, Matrix Gas consortium wins 237 MW hydrogen electrolyser manufacturing capacity under PLI Scheme
Gensol Engineering Ltd, in collaboration with Matrix Gas and Renewables, has emerged as a winner bidder for 237 MW of annual electrolyzer manufacturing capacity under the government’s production-linked incentive (PLI) scheme. With this, it has secured a cumulative 300 MW capacity under the PLI tender launched by Solar Energy Corp. of India (SECI), including 63 MW awarded in the first round.
