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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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Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI

Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS)  project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […]

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Solar PV inverters To Continue Under Self Certification Regime till Dec 31, 2021

The Ministry of New and Renewable Energy (MNRE) has issued a notification allowing self certification of Solar Photovoltaic Inverters (SPV)  from June 30, 2021, to December 31, 2021. The notification was issued on August 4. The notification does add the condition that the manufacturers doing so must have valid International Electrotechnical Commission certificates and test […]

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Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study

A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […]

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Meyer Burger to Expand into Solar Roof Tiles, Acquires Related IP

Meyer Burger Technology AG is planning to expand its portfolio to include a roof-integrated high-performance solar system, which can be easily installed like traditional roof tiles. Thun-headquartered mechanical engineering company, Meyer Burger Technology AG develops and produces systems with which solar cells can be manufactured and electrically connected. To accelerate the product launch, the firm […]

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Asia Held 92% Share in Global PV Module Production in 2020: Report

The recently published Photovoltaics Report, produced under Dr. Simon Philipps (Fraunhofer ISE) and Werner Warmuth (PSE Projects GmbH), explores key details about the photovoltaics manufacturing sector at the end of 2020 in Germany, the European Union and worldwide, including Asia. The Fraunhofer Institute for Solar Energy Systems ISE, supported by PSE Projects GmbH, has been […]

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China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association

The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […]

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Mondragon Assembly Launches New Solar Module Equipment

Mondragon Assembly has launched new interconnection equipment for solar modules. The device has been designed for the production of different kinds of technologies, including half-cut products, glass-glass and glass-backsheet panels, as well as mono or bifacial PERC, PERL and PERT modules. The Spanish PV production equipment provider claims that the new machine is also suitable […]

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