Manufacturing Facility News

Solex Energy, an Indian company, will invest $1.5 billion in solar manufacturing and is looking to export the product to the US

Solex Energy, an Indian manufacturer of solar modules, will invest $1.5billion over the next five-years to expand its manufacturing and exports to the United States. A top executive said this on Wednesday. Solex operates a module manufacturing facility of 4 gigawatts in Gujarat, a western state. It plans to increase its capacity to 10 GW. It also plans to establish 10GW of cell production and 2GW of ingots and wafers.

Chinese wind turbine manufacturer invests up to $2 Billion in Scottish factory

Ming Yang Smart Energy, a Chinese wind turbine manufacturer, will invest up 1.5 billion pounds ($2billion) in Scotland to build a manufacturing facility for wind turbines that could create as many as 1,500 jobs. Britain hopes to create thousands more clean energy jobs and to increase its renewable power in order to meet its climate goals. Ming Yang stated that the project will be constructed in three phases.

Document shows that the Norwegian state fund invested $20 million in India’s SAEL IPO-bound SAEL.

Norfund, the Norwegian state-owned fund, has invested $20 million in India's SAEL Industries Ltd. This brings its total investment up to $130 millions, ahead of SAEL Industries Ltd's planned initial stock offering. Two sources familiar with this move say that Norfund invested the money through compulsorily convertible preference shares. They will be converted to equity when SAEL is listed in Indian exchanges.

The US pricing system for rare earths is set to challenge China’s dominance

Washington's plan to create an independent, higher-priced pricing system has stepped up U.S. efforts in breaking China's dominant position on the rare earths markets and driving investment into its own industry. Low prices in China have made it difficult for the West to compete with China in the rare earths market. The West has long demanded a…

SAEL, an Indian company that invests in clean energy, will invest $954 million dollars to build a solar manufacturing facility

The Indian renewable energy company SAEL Industries Ltd announced on Monday that it will invest 82 billion rupies ($954.04million) in order to build an integrated solar cell-and-module manufacturing facility capable of producing 5 gigawatts (GW) per year. The plant in Greater Noida, one of the biggest investments in solar manufacturing in India to date, will increase SAEL's module production capacity from 8.5 GW to 10.5 GW.

Maxeon Solar will establish alternative supply chains in the face of tariff turmoil

Maxeon Solar Technologies, a renewable energy company, announced on Friday that it would create alternative supply and manufacturing chains in response to the tariffs levied by U.S. president Donald Trump. After the bell, shares of the company rose 4.6%. The move comes in the midst of a global trade war that is intensifying after Trump on Thursday imposed a baseline 10% tariff on all U.S.

Rosatom, a Russian company, has opened a new wind turbine blade manufacturing facility to replace Vestas.

The governor of Russia’s Ulyanovsk Region said that Rosatom, the state nuclear corporation of Russia, has opened a factory for wind turbine blades at the site of an old Vestas plant. Vestas, a Danish wind turbine manufacturer that produces blades for wind farms near Ulyanovsk, closed the plant in 2022. It left Russia 2023 with all its assets.

Tata Power CEO: India's Tata prefers the domestic market to lucrative solar exports

Tata Power’s newly constructed 4.3 gigawatts (GW) solar cell and module manufacturing facility in southern India is mainly aimed at domestic markets, according to its chief executive, despite the fact that exports have increased exponentially. Tata Power is one of India's largest integrated power companies. It has invested 508 million dollars in a new facility for the production of solar cells and modules in Tamil Nadu.

Mooreast Appoints Ellingsen as CEO

Mooreast Holdings Ltd. announced today it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer (“CEO”) amid growing adoption of floating wind energy projects worldwide.Mr Ellingsen will assume the role of CEO at Mooreast on 1 January 2025. He will be taking over from Mr Sim Koon Lam…

India's Apollo Green Energy plans a solar module plant and targets an IPO in 2025.

The chief executive of India's Apollo Green Energy said that the company, which is an engineering and construction company, intends to build a 500 Megawatt (MW), solar module plant within two to three years, and to tap into domestic public markets by 2025 for new projects. Sanjay Gupta, the CEO of the company that focuses on renewable energy projects…

The Port Logistics Challenges of Offshore Wind

Some equations just don’t add up. For example, storing 500 offshore wind turbine blades at a site with only space for 400 (and that’s only if you don’t store the other key elements required to build a full turbine). Elaine Maslin visited Siemens Gamesa’s blade manufacturing facility in Hull, UK, to find out more.Storage space is becoming a major…

Corvus Energy to open new Battery Factory in the U.S.

As the maritime industry increasingly moves towards propulsion solutions that help cut emissions, battery technology is increasingly taking center stage on a number of ship, boat and offshore energy installations. Leading the charge are a number of battery manufacturers globally, including Norway’s Corvus Energy, which announced that the company is expanding its US operations by opening a new factory in the Port of Bellingham…

Siemens Gamesa, GRI Renewables Invest in NE England Offshore Wind Production

Siemens Gamesa and GRI Renewables Industries will invest more than $360 million into offshore wind manufacturing facilities in northeast England.Siemens Gamesa will invest a total of $258m to expand its blade manufacturing site located near Hull - Britain's largest offshore wind manufacturing facility - readying it for the next generation of offshore wind turbines and blades greater than 100 metres…

Construction Starts for Asia's Largest Offshore Wind Blade Manufacturing Facility

Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien Li is one of key local supply chain partners of wind turbine builder MHI Vestas, which this week shared the news on the start of construction…

Philippines: Shell's Hydrogen Project Resumes as Covid-19 Restrictions Eased

Pilipinas Shell Petroleum Corp said on Wednesday it has resumed construction of an integrated hydrogen manufacturing facility at its Tabangao refinery in the Philippines, after being hampered by the coronavirus lockdown.Restrictions on movement have been eased in Philippine provinces and cities with low coronavirus cases to help restore business…

Largest Wind Turbines for U.S. Largest Offshore Wind Project

Siemens Gamesa Renewable Energy's new wind turbines with up to 15MW capacity have been earmarked for an offshore wind project in the U.S.First, the company on Tuesday morning said it was planning to deploy the giant SG 14-222 DD offshore Direct Drive wind turbines at the 300 MW Hai Long 2 project in Taiwan.Later on the same day, SGRE said the…

Linde, Hyosung to Build World’s Largest Liquid Hydrogen Plant in S. Korea

South Korea's Hyosung and the global industrial gases provider Linde Group will invest in the construction of a liquid hydrogen plant on an area of about 30,000 square meters within the site of Hyosung Yongyeon plant in Ulsan.Its annual capacity of production will be 13,000 tons of liquid hydrogen, which is enough to fuel 100,000 sedans. According to Hyosung…

MHI Vestas Eyes Further Asia Pacific Growth. Appoints Regional Manager

Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries, said Wednesday Yamada would oversee the company’s growth across the Asia Pacific region. He was formerly the company’s Chief Strategy Officer based in Aarhus…

Tekmar Bags Windpark Fryslân Gig

Tekmar Energy, the developer and manufacturer of sub-sea cable protection systems for the renewable energy industry, announced that international marine contractor Van Oord has selected the patented Tekmar Cable Protection System (CPS) TekLink Mechanical Latch for Windpark Fryslân.According to a press note from the Tekmar Group Company, said Windpark Fryslân is a 382MW near-shore windfarm comprising 89 wind turbines.

Sandvik to Supply OCTG for ADNOC

Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its award from the Abu Dhabi National Oil Company (ADNOC) in August 2019.ADNOC has awarded Tenaris a long…