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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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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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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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Magenta to deploy EVs for govt use in Telangana for Go Electric Campaign

Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has signed an agreement with Navi Mumbai-based electric vehicle solutions company Magenta, under which TSREDCO will coordinate the transition of government officer transport from ICE (Internal combustion Engines) vehicles to EVs across the state departments of Telangana. TSREDCO is the nodal agency for the state of Telangana […]

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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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Solar Thermal FO Produces Potable Water Using Sea Water in Tamil Nadu

Narippaiyur, a drought-prone village in Ramanathapuram District in the southeast corner of Tamil Nadu, will benefit from 20,000 litres per day of fresh water produced from sea water – thanks to the solar thermal Forward Osmosis (FO) sea water desalination system recently installed in the place. The customized demand driven convergent water solution through FO […]

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Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain

Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […]

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Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline

Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […]

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Togo Solar Plant With Jakson As EPC Inaugurated

The  President of Togo, Faure Essozimna Gnassingbé inaugurated a 50MWp Solar Power Plant in the West African country. The Sheikh Mohamed Bin Zayed Solar Power Plant Project is being developed by AMEA Power, Dubai and designed, installed, commissioned, and executed by Jakson Group from India. The West African Development Bank and Abu Dhabi Fund for […]

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