Raana Semiconductors has signed a pre-order deal to supply domestically produced ingot-growing equipment to Indian PV manufacturer Swelect HHV Solar Photovoltaics.
German solar PV equipment manufacturer RENA Technologies has signed a supply agreement for solar cell production equipment with Indian manufacturer Emmvee Energy.
The global annual capital expenditure on PV manufacturing equipment is expected to more than double to US$43.8 billion over the next decade, according to a report from VDMA.
