Read Coverage
NexWafe secures funding to build wafer factory in Germany
German wafer manufacturer NexWafe GmbH announced it secured financing of €30 million ($32.0 million) from current and new investors. The company said it will use the funds to move forward with the construction of its planned wafer factory in Bitterfeld, in the district of Anhalt-Bitterfeld, Saxony-Anhalt, Germany.
Read Coverage
NexWafe secures US$32 million to build wafer plant in Germany
Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.
Read Coverage
NexWafe LinkedIn Article: Rebalancing the Global Supply Chain for Photovoltaics
NexWafe’s development of green solar wafers can help achieve 2050 net-zero energy goals. With a high throughput, low-cost epitaxy process that avoids the energy-intensive steps of conventional wafer manufacturing, NexWafe’s EpiNex™ wafers promise to set a new standard for the solar industry. Our ultra-thin, revolutionary solar cell technologies introduce meaningful and much-needed change to the solar supply chain, expanding the reach of solar energy and leveling the net-zero renewable-energy playing field for all countries.
Read Coverage
As America Works To Re-Shore The Solar Industry, Sustainability Should Be Top Of Mind
With the advent of the United States’ first-ever clean energy industrial policy, the Inflation Reduction Act of 2022, the U.S. solar industry is at a pivotal point in history. As the CEO of NexWafe, a Germany-based company, that designs, develops and pilots a green solar wafer production process to help make the photovoltaics industry more sustainable and efficient, we are happy to see the U.S. taking this step. Davor Sutija shares insights for U.S. manufacturers who already are or may be considering becoming involved in the industry.
Read Coverage
‘A good first step’: European solar manufacturers welcome Green Deal Industrial Plan but call for more support
The European Commission unveiled the EU’s response to the Inflation Reduction Act and China’s dominance in the solar supply chain with the Green Deal Industrial Plan. PV Tech addresses how these solar initiatives compare and captures commentary from manufacturers across the value chain. NexWafe CEO offers his insights into what needed to establish a long-term solar manufacturing industry in Europe.
Read Coverage
Onshoring solar’s supply chain
With China strengthening its position in recent years to dominate the PV supply chain, efforts are gathering pace to onshore some manufacturing as governments aim to support domestic production and reduce their reliance on imports. NexWafe's partnership with Reliance is contributing to these efforts by building gigawatt-scale facilities in India using NexWafe's wafer manufacturing technology.
Read Coverage
American Solar Accelerates Path to Energy Independence for North Carolina Homeowners
American Solar helps North Carolina accelerate the pace of the state’s residential solar energy installations and, in 2022, plans to add approximately 5 megawatts of installed solar capacity, enough to power more than 600 residential homes.
Read Coverage
Reliance Industries to invest $29 million in NexWafe
Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
Read Coverage
Reliance invests US$29m in NexWafe, looks to establish ‘giga-scale’ wafer production in India
Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
Read Coverage
Ambani’s new energy business is on an investment spree to create Jio-like success
From two $1.14 billion acquisitions announced a few days ago to two more big-ticket deals in the past few hours, the wholly-owned subsidiary of Mukesh Ambani’s Reliance Industries (RIL) has been on an investment spree. Today (Oct. 13), the company formed in June, announced a $45 million investment in German firm Nexwafe.
Read Coverage
Read Coverage
Consider the Source, Part 2: Factoring in embodied carbon
One contender looking to reduce the carbon footprint of wafers is NexWafe. Spun out from Fraunhofer Institute for Solar Energy Systems ISE in 2015, NexWafe’s Green Silicon EpiNex silicon wafers production eliminates intermediate steps and avoids mechanical machining from ingots.
Read Coverage
Energy Outlook: US Battery Financing Nears Watershed Moment
“We see tenfold interest in commercial storage than what we saw the year before," says Lior Handelsman, founder of SolarEdge Technologies, a listed energy storage and solar company. This growth is being driven by increasing electricity prices and grid instability. So, commercial business owners who are looking to improve their bottom lines are doing so by generating and storing their own energy.”
Read Coverage
Inverters: The Unsung Hero Of The Global Emerging Energy Economy
To better understand the role of the inverter and how it adds value to the equation, I lined up a conversation with Lior Handelsman, VP of Marketing and Product Strategy and Co-Founder of Israeli-based inverter company SolarEdge. SolarEdge is one of the leading inverter companies in the world, with close to $940 million in 2018 revenues, and over 1.5 million inverters and 40 million power optimizers across 130 countries, so Handelsman knows a thing or two about inverters.
Read Coverage
Here's what you need to know about the California power outages
Major utilities were cutting power to millions of Californians due to predicted high winds that could down power lines and spark wildfires. Here's what you need to know. Though utilities have warned for months that preemptive cutoffs were a possibility, the outages appeared to be catching many consumers by surprise. While many Florida and East Coast residents have long learned to cope with power outages from hurricanes, weather-related outages could be considered a new phenomenon in the Golden State.
Read Coverage
Delivering on Solar's Promise - Podcast
As Ronen Faier recalls the career-building ups-and-downs of being an entrepreneurial CFO, few memories appear to be more vivid than that of a meeting with Guy Sella, a seasoned Israeli entrepreneur, who invited Faier to lead the finance team of his solar start-up. Not yet a midsize firm, SolarEdge Technologies had only about $9 million in annual sales, with roughly 100 employees, when Faier received Sella’s invitation.
