SUBSCRIBE NEWS LETTER

PV manufacturing

First Solar Q4 FY21 financial results: net sales jump 50%

US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […]

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India’s Journey Towards Clean Energy Transition in 2022: Stepped Approach

By Vishnu Sudarsan, J Sagar Associates Decarbonize, digitise and decantrise is the new mantra for India’s energy transition roadmap. PM Modi’s Paris pledge has given a shot in the arm for the country’s transition plan towards clean energy and to achieve the goal of greening the economy. It provides certainty and visibility to a clean […]

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South India’s Largest Renewable Energy Expo, RenewX Returns With 5th Edition

Informa Markets in India, has announced the 5th edition of RenewX, a two-day Renewable Energy trade expo slated on November 19 and 20, 2021 at the Hitex, Hyderabad. RenewX 2021 will provide an Industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for generating business opportunities. The expo aims to […]

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56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad

The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […]

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AGEL Q2 FY 22 Results Out: ₹859 cr Cash Profit in H1, RE Portfolio 20,284 MW

Adani Green Energy Ltd. (AGEL), the green arm of the Adani Group, has released the financial results for the quarter and half year ended September 30, 2021, reporting that cash profit increased by 45% to Rs. 859 crores in H1 FY22. The company’s overall renewable portfolio increased to 20,284 MW during this period. The Operational […]

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Solar PLI Tender Gets Massive Response, Close to 55 GW Worth Bids Submitted

The Solar PLI tender, (Production Linked Incentive)  where IREDA is the implementing agency, has received a massive response from bidders, with just 9 bidders going for 4 GW capacity creation each. Another 9 bidders make up the remaining bids for 18,809 MW of capacity building. (View Scheme Details Here) The PLI Scheme has divided an […]

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Engineer -Solar

DNV Energy Systems, Bangalore office is looking for a bright and passionate individual to be part of the Solar team. Position Description:- In this role, you will be directly reporting to Head of Section- Solar. Broad Expectations: Responsible for the delivery of solar consulting services targeted towards project developers, lenders and investors and primarily related […]

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Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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Zhongnan Group Starts Construction of a New 5 GW Solar Factory

The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […]

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