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Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead

Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […]

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Global Distributed Generation (DG) Market to Reach $168.3 Billion by 2024

Market research company Global Industry Analysts Inc., (GIA) has released a report where it projects the size of the global distributed generation market, in a post covid scenario. Distributed generation refers to small-to-medium scale modular power generation plants that are embedded into the distribution network at a point closer to the site of consumption than […]

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Rooftop PV is Australia’s Second Largest Generator Now, says AEC

At more than 14.7 GW rooftop solar is now the second largest generator by capacity in Australia, according to the Australian Energy Council’s (AEC) latest Quarterly Solar Report. We have reported earlier on how Australia has been one of those rare large markets where rooftop solar had led growth over utility solar. This has been due […]

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Jinko Provides The Modules At India, & Asia’s Largest Carport

Jinko Solar’s Cheetah monofacial series modules have been deployed at Asia’s largest carport facility located in the northern part of India. The carport  dwarfs all other carports with its 20 MWp installed capacity – the highest in any carport across Asia. Built by KEC International’s Solar EPC division at their customer’s factory premise. Jinko’s high […]

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ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022

French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […]

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Waaree Completes 300 MW Production for US Order

Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […]

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Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx

UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into  EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […]

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Maxeon Launches New PV Module, Extends its AC Series

Singapore-based solar company Maxeon has announced the entry of a new product – Performance 3 AC solar PV module – into its AC portfolio, following the introduction of the Maxeon 5 AC panel in late 2020. AC Energy Solutions combine Maxeon’s solar panel technology with advanced microinverter technology, offering a customizable solar solution to maximize […]

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Top 10 Cleantech Trends for 2021 By IHS Markit

Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […]

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