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JinkoSolar’s Q1 FY21 Results. Key Highlights And Guidance For the Future

One of the largest solar module manufacturers from China,  JinkoSolar, announced a mixed set of  unaudited financial results for the first quarter ended March 31, 2021 (Q1 FY2021). The company has received total revenues in the Q1 Fy2021 were RMB7.94 billion (USD 1.21 billion), a decrease of 15.7percent from RMB9.42 billion in the Q4 FY2020 […]

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Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives

The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world.  A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […]

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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […]

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For Va-Yu It’s Word OF Mouth All The Way When It Comes to Building A Base

Va-Yu Or Wind, as the name translates in English, is a Delhi-based rental EV start-up that has found success in the rough weather of the Covid pandemic in its debut year. One year down, their plans have stood the test of some of the toughest market challenges and founder Ashish Aggarwal has learned some valuable […]

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India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA

Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […]

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US Moves To Sanction Chinese Solar Firms, Implications for India

Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […]

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Hero Lectro Partners with Logistics Firms to Deploy E Cargo Bikes in India

Hero Lectro, the EV arm of the Hero Motors Company (HMC), announced today new partnerships with logistics service providers Fast Despatch Logistics and Turtle Mobility as part of a new ecosystem to enable greater use of e-mobility in last mile delivery. Under the partnership, Hero Lectro’s E Cargo bikes will be rolled out into the […]

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Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA

The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […]

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Yinson Partners with Verano For 800MW Solar Projects in Latin America

Chile-based renewable energy project developer Verano Capital, and Yinson Renewables Pte Ltd, a global solar IPP and part of Yinson Holdings Berhad group, have agreed to collaborate on renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to build a pipeline of over 800MW of utility-scale solar projects, of which 330MW are […]

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