German renewables company BayWa r.e. is planning to realise more than 1GW of solar and wind plants this year as it heightens its focus on subsidy-free projects.
India added more than 10GW of solar PV in 2021 as the country hit a cumulative installed solar capacity of 49GW by the end of the year, according to research firm Mercom India Research's latest update on India’s solar sector.
Indian independent power producer Azure Power exceeded the upper end of its revenue guidance for its Q3 fiscal year thanks to the addition of new renewables projects.
Daqo New Energy recorded a dent to its quarterly revenues and margin in Q4 2021 after production costs spiralled and sales fell against a slide in demand.
Indian module manufacturer Waaree Energies is taking advantage of rising interest in its products from export markets as it looks to maintain a full order book, the company’s CEO has said.
Polysilicon producer Daqo New Energy’s has signed a long-term supply agreement for high-purity mono-grade polysilicon for a total amount of 30,000MT between 2022 and end of 2026, essentially selling out its inventory for this year.
Australian mining magnate Andrew Forrest’s Squadron Energy will invest AU$3 billion (US$2.16 billion) in wind, solar and battery storage project in Central Queensland, Australia.
Indian independent power producer (IPP) ReNew Power posted a 25.6% jump in revenue for the first nine months of the fiscal year 2022 (FY22) compared with the same period in the 2021 fiscal year, while its net losses soared as a result of its August IPO on the NASDAQ.
India must scale up investment in the large-scale domestic manufacture of upstream PV products to avoid the risk of logistics and commodity price fluctuations posed by its current high levels of solar imports, new research has suggested.