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Lakshadweep signs 24×7 ‘Power for All’ document

Lakshadweep became first Union Territory (UT) in the country to sign “24×7 Power for All” document. The document was signed by representative of Government of India and the Administration of UT in presence of P.K. Pujari, Secretary, Ministry of Power. The document delineates a plan to upsurge solar capacity of the region from 2.15 MW to 8.45 […]

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JinkoSolar announces unaudited financial results for the Q1 2016

JinkoSolar Holding has announced its unaudited financial results for the first quarter ended March 31, 2016. In first quarter company’s total solar module shipments were 1,600 megawatts (“MW”), which includes 166 MW to be used in the Company’s downstream projects. Total solar module shipments decreased by 6.4% from 1,710 MW in the fourth quarter of 2015 […]

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Hanwha Q CELLS receives ‘Terrawatt Diamond Award’ at SNEC 2016

Hanwha Q CELLS has received the ´Terrawatt Diamond Award` for its advanced Q.ANTUM Cell Technology at SNEC 2016 in Shanghai, China. The ´Terrawatt Diamond Award` is being awarded by the Organizing Committee of SNEC in order to honor the Top-Ten among a total of 1,500 companies for their latest and most advanced technologies. Hanwha Q […]

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Smit inks deal with CTIEC for the delivery of multiple core process tools

Thin-film manufacturing equipment supplier Smit Thermal Solutions at SNEC 2016 has signed a contract with China Triumph International Engineering Co (CTIEC) for the delivery of multiple core process tools for their 100MW CdTe Project in Chengdu. The agreement was officially concluded during an equipment signing ceremony arranged at the SNEC in China. CTIEC is a […]

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Total, SunPower bags 164MW solar power plant project in Chile

In less than a week Total and SunPower has bagged second large PV contract in Chile. Colbún S.A. has awarded a 15-year power purchase agreement to Total and SunPower for 500 gigawatt hours (GWh) of photovoltaic solar energy per year, with the construction of a 164MW solar power plant. “This contract is a further step […]

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Samsung SDI to start operation of PV paste plant in Wuxi, China in June

Samsung SDI has announced that it will start operating a photovoltaic paste production line in June in its Wuxi Plant located in Jiangsu Province, China. Last year in September installation of a polarized film production line and a paste production line parallel started in Samsung SDI’s Wuxi Plant. The paste production line was recently completed, […]

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OCI to develop 1 GW photovoltaic power plants in China and India by 2018: Report

OCI Global Ltd. is reportedly planning to develop about 1 gigawatt of photovoltaic power plants in China and India by 2018. The company will be investing USD 400 million for the projects, while rest of the investment will come from elsewhere said Pranab Kumar Sarmah, unit’s chief investment officer in an interview to Bloomberg in […]

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Researchers demonstrate STPVs that converts solar heat into usable electric power

Researchers at MIT demonstrated a device based on a method that enables solar cells to break through a theoretically predicted ceiling on how much sunlight they can convert into electricity. A single-layer cell made of silicon is used for the vast majority of today’s solar panels — the upper limit of these cells is about […]

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Canadian Solar closes a USD 52 million project financing facility with BayernLB

Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […]

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