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Canadian Solar Secures JPY4 Billion Credit Facility with SMFL

Canadian Solar intends to use proceeds from the facility to expand the development of solar energy projects in Japan. Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4 billion (US$35 million) with Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL”), a member […]

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JinkoSolar holds 41% of Solar PV market share in Latin America -BNEF Report

With 6 manufacturing units around the globe, JinkoSolar’s entire production process is closely monitored. Every cell and module is subjected to at least 36 steps of the most stringent quality inspection procedures. Bloomberg New Energy Finance (BNEF) in its latest report revealed that JinkoSolar 41% of market share in Latin America. The European PV market […]

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Sharp Launches the Industry’s Most Efficient 48-Cell PV Solar Module

Available with IEC certification (IEC/EN 61215 and IEC/EN 61730), the NQ-R256A solar module from Sharp is best suited for residential rooftops. Sharp has launched the industry’s most efficient 48 cell solar module for the European market, following its best-selling success in Japan. With an award-winning design, the NQ-R256A (256W) mono-crystalline photovoltaic (PV) solar module incorporates […]

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AIIMS to tap solar power, reduce its electricity bill by 50 per cent

AIIMS will install 1MW rooftop solar power on the roof of the parking space located near the Centre for Dental Education and Research. The All India Institute Of Medical Science (AIIMS) is reportedly planning to go green by tapping into solar power and reduce its electricity bill by 50 per cent over the next couple of years. […]

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India not doing enough to capture energy storage opportunity: Bridge to India

India has barely woken up to the potential of electric vehicles or energy storage China is dominating the energy storage industry which has been so far led by Japanese and Korean manufacturers such as Panasonic, Samsung SDI and LG Chem said Bridge to India in a report. The country is using every trick like government […]

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India to become world’s third largest solar market in 2017: Report

“India still maintain strong demand for PV products, it has the potential to overtake Japan to become the world’s third largest solar market by taking at least 14% of the year’s total PV demand.” Taiwan based market researcher firm, EnergyTrend in its new report forecasts India to become the 3rd largest solar market in the […]

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India’s Solar Module Manufacturers to Face Tough Competition in 2017

With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […]

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Price of Solar Power May Fall Further in FY18

In the last few months, solar power costs had hit a low of Rs 3.30 per unit and might fall further in FY18. Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to […]

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1366 Technologies Supplies Direct Wafer Products for First Commercial Solar Array of 500KW

500 kW solar installation will feature more than 120,000 wafers made with 1366 Technologies’ Direct Wafer process. 1366 Technologies has announced that Japan’s IHI Plant Construction Co., Ltd (IPC), has started construction on a 500 kW solar installation that will feature more than 120,000 wafers made with 1366’s Direct Wafer process. The array, located in the […]

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