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Tandem PV Raises $50m To Take Perovskite Based Technology Commercial

US based Tandem PV, which has focused research on perovskite based solar technology, has announced that it has secured $50 million in Series A funding and debt, led by Eclipse, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former CEO of SunPower), Stifel Bank, CSC Leasing, and other existing and […]

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Module Demand To Rise Significantly In FY26, FY27: SBI Caps

A latest report from SBI CAPS claimed that the annual module demand is likely to touch 100 GW soon. The report said the higher demand is likely to be triggered with the faster pace of adoption of solar power. The report also said that the faster pace of PM Surya Ghar scheme installations could also […]

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First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide

First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Green Stocks Feb 3: KPI Green Stands Alone As Correction Continues

On a day when almost all green energy stocks suffered the jitters from a nervous market, EPC firm KPI Green stood alone recording 5% gains. But even those gains will be cold comfort to investors who have seen the stock plumb new lows over the past week, dropping almost 30% in a month. Today’s strength […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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Trump Entry, Chinese New Year To Mark A Turning Point On Solar Prices?

As the Chinese New Year holidays start on Jan 29, like always, the country is already preparing for the massive national holiday, which will run into the first week of February. For the Chinese solar sector, and by extension, a large part of the global solar sector, it is the post-holiday changes that will be […]

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Maharashtra: BrightNight Commissions First Phase Of 115MW Hybrid RE Project

US-based BrightNight, a global renewable power producer, recently commissioned the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project in India. It’s also one of the first co-located wind-solar projects in Maharashtra. The project is located in Dharashiv, Southern Maharashtra, and spanning about 1400 acres, Optima Maharashtra integrates advanced wind and solar […]

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Tracker Firm Arctech Secures 125MW Solar Project in Bosnia & Herzegovina

Arctech, a solar tracking and racking solutions provider, recently signed a supply agreement with NORINCO International, part of China North Industries Corporation. Under this agreement, Arctech would supply its 1P single-axis solar tracking system SkyLine II for a 125 MW solar project. The project is located near Stolac, Bosnia and Herzegovina (BiH), marking a milestone […]

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