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Solar Revenue

Trina Solar Leads Industry With Shipments of 210mm Modules

Trina Solar has reported revenue of $11.58 billion (RMB 81.12 billion) in the first three quarters of 2023, 31.22 percent more than in the corresponding period last year. The company’s report, made public on October 27, also showed that Trina Solar, continues to lead the industry with 45-46 GW modules shipments, ranking second globally, and […]

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Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23

Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […]

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The Future of Solar Fabrication: Emerging Trends to Watch

As the world grapples with the consequences of climate change and transitions to cleaner and more sustainable energy sources, solar energy remains as a bright beacon of hope in the renewable energy landscape. Solar power accounts for 4.5% of the world’s electricity and is the third largest renewable electricity technology, behind hydropower and wind. However, the future […]

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Ranthambhore’s Nahargarh Palace Seeks Net Zero With 400kW Agrivoltaic Solar

Vareyn Solar Pvt. Ltd, a turn-key solar EPC firm, recently installed a 400kW agrivoltaic solar plant at Nahargarh Ranthambhore, a hotel in Rajasthan. The hotel is owned by Gaj Singh- a supporter of wildlife and green initiatives. Situated amidst the lush forest of Ranthambhore Tiger Reserve, Gaj Singh sought to reduce the carbon footprint to […]

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Space-Based Solar Power Expects Growth At a CAGR of 8.0%: Report

Polaris, a research organisation, released a market report on the solar space-based solar power. The report expects market growth to grow at a Compound annual growth rate (CAGR) of 8.0 percent. This is expected to be achieved during the forecast period, 2023 – 2032. This research places importance on the use of solar-powered satellites to […]

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Spain’s Gonvarri Solar Steel to Supply 205.8 MW Trackers for Seville Project

Spanish firm, Gonvarri Solar Steel, will be responsible for the supply of 205.8 MW of its TracSmarT+ 1V trackers for a solar project in Seville, Spain. The supply will boast 2,924 solar trackers in single-row and dual-row configurations. It will curb  emission of 82,788 tons of carbon dioxide into the atmosphere. With the said project, […]

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Gujarat Releases Draft Renewable Energy Policy-2023 with Focus on Wind-Solar Hybrid Technologies

The Government of Gujarat has notified the Renewable Energy Policy-2023 for further encouraging setting up of renewable generation projects based on wind, solar and wind-solar hybrid technologies. The policy will come into effect from the date of notification and shall remain in operation up to June 2028 or till notification of the new policy, whichever […]

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NGEL Issues Tender Seeking Consultant for Validation of 50 MW Solar Project

NTPC Green Energy (NGEL), a wholly-owned subsidiary of India’s largest power utility NTPC, has issued a tender to appoint a consultant and hire a designated operational entity (DOE) for the validation and verification of a 50 MW solar project in Rajgarh, Rajasthan. This also entails the renewal of the project for an additional seven years […]

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Trina Solar To Set Up US Plant To Hedge Against Tariff Risks

Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in the US, a key export market.  Earlier, Trina has also […]

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