The 3.3GW nameplate capacity facility will produce silicon ingots, wafers, cells and modules in what will be the largest vertically integrated solar manufacturing hub in the US.
Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).
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.
Indian module manufacturer Vikram Solar has formed a joint venture (JV) with private equity firm Phalanx Impact Partners, and venture capital company Das & Co. to develop a vertically integrated solar manufacturing operation in the US.