Eyeing NASDAQ Listing, India’s ReNew Power To Merge With RMG Acquisition Becoming $8 Billion Entity; Secures Approval From Gujarat Government For Solar Cell, Module & Lithium-Ion Battery Production
Thursday, 25 Feb 2021
Indian renewable energy company ReNew Power Private Limited is now a step closer to getting listed on the NASDAQ in the US after it executed a definitive agreement to merge with a blank check company called RMG Acquisition Corporation II (RMG II), listed on the NASDAQ as RMGB.
India’s Central Electronics Limited @celbharat is soliciting proposals for the supply of 3 million multicrystalline solar cells, to be procured as 1.5 million of 4.68W and ... another 1.5 million as 4.63W power output each, under 2 separate tenders #solarpv https://taiyangnews.info/tenders/company-tender-for-solar-cell-supply-in-india/
US solar tracker supplier @gamechangesolar is expanding its domestic annual production capacity to 14 GW, with the addition of a 6 GW tracker tube line at an undisclosed location ... in the Midwest that will start operations in February 2023 #solarpv #USA https://taiyangnews.info/business/usa-6-gw-solar-tracker-manufacturing-fab/
#India increases targeted share of non-fossil fuel-based energy resources in national power capacity to reach 50% by 2030, up from 40% in its Intended Nationally Determined ... Contribution, but wants ‘due share’ from international financial & tech resources https://taiyangnews.info/markets/indian-cabinet-approves-ndc-for-paris-agreement/
#Europe PV Snippets: @ChateauPurcari production site of Purcari Wineries in #Moldova gets #rooftop solar; @iberdrola to acquire 96 MW wind and solar in #Poland; NextEnergy signs ... contracts for 86 MW PV capacity UK; @X_Elio_ shares details of 15 MW win Japan https://taiyangnews.info/markets/europe-pv-news-snippets-35/
Leading Chinese #polysilicon producer Daqo New Energy has increased its 2022 annual production volume guidance after having achieved ‘better-than-expected’ operational ... performance in H1/2022 as Q2/2022 gross profit went up to $946.9 million #solarpv https://taiyangnews.info/business/daqo-new-energys-q2-2022-financial-results/