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Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal

As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […]

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China’s Risen Energy Delivers Strong H1 Numbers with 51% Growth

Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 […]

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ALMM, BCD Update- Developers Hope For Relief Soon

Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […]

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Growatt Opens Pre-Sale of its First Solar-Based Portable Power Station

A world leader in solar industry, China-based Growatt has announced the pre-sale of its newly launched portable power station, ‘Infinity1500.’ As per the company, the pre-sales event is happening for 15 days from September 1 to September 15, 2022. As far as prices are concerned, the Infinity1500 will be available at $1399 for American customers […]

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The Bridge to 280 GW Of Solar. Corporate India Steps Up

They have the money, resilience, and execution ability that can leave an indelible impact on India’s economy; but can the country’s corporates (C&I sector) open up a new growth engine for India’s solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to […]

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France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded

The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […]

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Norwegian Battery Startup Freyr Signs 38 GWh Battery Deal with Japan’s Nidec

Norway-based next generation battery developer FREYR, and Japan-based energy storage system (ESS) and high-efficiency electric motors manufacturer, Nidec Corporation, have announced the finalization of an expanded 38 GWh battery cell sales agreement for the period 2025 – 2030. The companies have also agreed to form a joint venture, in which Nidec will hold a super-majority […]

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Jinko Solar Ships 18.21 GW Of Modules in H1 2022

Jinko Solar has released its performance report for the first half of 2022. According to the report, the company’s performance improved significantly year over year in the first half of 2022, with operating revenue of 33.407 billion, up 112.44%; net profit attributable to shareholders of listed companies of 905 million, up 60.14%; and operating cash […]

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Pakistan Looks to Add 9000 MW Solar on Priority to Address Energy Crisis

The Pakistan government, stung by a persisting power crisis that has brought both outages and spiraling power costs in its wake, has finally changed course to add more solar to its grid.  While announcing plans to target 14,000 megawatts of solar capacity this year, the country is seemingly making up for lost time. We have […]

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