Solar Market

First Solar Announces Q2 2022 Financial Results: QoQ Growth 99%

US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth  $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […]

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Tata Green Switch Project Provides Access to Green Electricity in Jharkhand

The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […]

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500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie

UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […]

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The Outlook for The Renewable Energy Sector Through 2022

The outlook for the renewable energy industry through 2022 has been published by Deloitte. As per the report, the renewable energy sector continued to be impressively robust in 2021. Renewable energy sources are now among the most cost-effective energy sources in several sectors thanks to quick technological advancements, falling prices, and improved competitiveness of battery […]

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Flexible Solar Moves One Step Closer to Mass Market With DaZheng

A 10 year old Chinese startup, DaZheng, has become the first firm worldwide to produce large, flexible perovskite solar panels at scale, with a promised efficiency of 21%. Traditional flexible thin-film solar cells are limited by expensive raw materials and complicated manufacturing processes, which lead to the high cost and limited applications. The new flexible […]

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MSEDCL Issues Tender for Supply of 500 MW Solar Power Under PM KUSUM

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited the bids for a cumulative 500 MW (AC) solar power from the de-centralised solar project under the PM-KUSUM Yojna Component-C. This project will be developed in the Maharashtra state. The last date to submit bids of this 500 MW tender is July 29, 2022, till 04:00 […]

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Jinko Solar has Started Its 25% cell production in Jianshan Phase II Unit

Shanghai Headquartered solar cell & module manufacturer, Jinko Solar has kicked off the construction of its latest n-type solar cell and module production plant in Jianshan, Haining city. On lJune 21, the firm held a traditional ground-breaking ceremony at the factory location, in Jianshan Industry Park. On this site, Jinko Solar will produce 11GW of […]

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Curbs On China Imports Fail To Slow Down Solar Imports For US In 2021

A research report from Rystad Energy lays bare the failure of US efforts to reduce dependence on Solar Imports, especially by curbing imports from China. According to the report, the US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021 from a range of countries, up from 26.7 […]

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