Materials

Norwegian solar wafer manufacturer NorSun has closed NOK90 million (US$8.5 million) in equity financing to support its expansion in Europe and the US.

California-based perovskite solar startup Caelux has closed US$12 million in Series A3 financing to support its factory expansion in Baldwin Park, California, research and development (R&D) and eventual product launch.

Brookfield Asset Management and Indian conglomerate Reliance Industries have signed a memorandum of understanding (MoU) to pursue renewable energy manufacturing opportunities in Australia.

Indian conglomerate Adani has raised US$394 million for solar manufacturing through its renewable energy subsidiary Adani New Industries.

German chemical group Wacker Chemie has posted the financial results for the second quarter of 2023 with its polysilicon sales dropping by about 9.7%.

The US Department of Energy (DOE) has announced plans to release US$20 million in funding for solar waste reduction and lifecycle technologies, including US$8 million of funding from the Bipartisan Infrastructure Law.

A new steel mill in Temple, Texas will supply steel tubing to solar tracker supplier Array Technologies for use in its deployments at utility-scale PV projects in the US.

The European Commission (EC) has granted €3.6 billion (US$4.04 billion) to 41 large-scale clean tech projects via the EU Innovation Fund, including three projects on PV modules under the clean tech manufacturing category.

During Intersolar Europe 2023, PV Tech sat down with Astronergy to discuss the company's global push to become a leader in TOPCon products.

PV Tech caught up with PV manufacturer TW (Tongwei) Solar at Intersolar 2023 about its rapid global expansion and embracing the vertically integrated industry development.