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First Solar

SMA Solar Rocked By Losses In 2024

German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […]

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India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study

India has recently witnessed a surge in solar capacity additions, which is estimated to double to 30 GW in FY25, according to an SBI Caps report. This increase in capacity additions is expected to continue improving in FY26 and FY27, further accelerating module demand. The rooftop solar sector is also anticipated to see significant growth, […]

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Lakshadweep Opens Bids For Hybrid Rooftop Solar Project

The Lakshadweep Administration, Union Territory (UT) Kavaratti Electricity Department has invited online bids to develop hybrid rooftop solar power plants with Battery Energy Storage System (BESS).  The last date for bids submission is March 21st, 2025.  The selected bidder will be responsible for, “Supply, Installation, Testing, Commissioning and Operation and Maintenance of 2,107 kW Hybrid […]

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Grew Solar Plans To Enter Foreign Markets, Eyes Exports By CY25

Can you give an overview of the journey of Grew since its inception? GREW Solar has been strengthening its presence in India since its inception in 2022. The first production unit was set up at Dudu, close to Jaipur, Rajasthan, which has been successfully operating for almost 2 years now. Recently, the company has a […]

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PM-KUSUM Comp A: JDVVNL Issues Tender To Build 101.15 MW Solar Projects

Jodhpur Vidyut Vitran Nigam Limited (JDVVNL) has issued Expression of Interest (EoI) invite proposal to build a total 101.15 MW grid-connected solar project under PM-KUSUM Comp-A. It has sought bids until March 7, 2025  JDVVNL latest tender includes the work of design, survey, supply, installation, testing, commissioning, operation & maintenance for 25 years from Commmercial […]

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Module Scarcity Delaying Solar Projects In India, Hints NLC India

Indian Public Sector Utility (PSU), NLC India has hinted that the delay in the supply of domestic solar modules in the country is leading to delays in solar projects. The top management of the firm in a recent investor’s call revealed that the demand for domestic modules has led to a shortage of timely delivery […]

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Customer Service To Forefront As India’s Solar Boom Spreads

India’s solar ambitions are on a roll, and that’s visible in more ways than one. More and more solar installations are popping up if you look up from your phone around you, the number of solar firms listed on stock exchanges has gone up exponentially within two years, and of course, celebrities and influencers can […]

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News Briefs Feb 28: Sungrow In Sweden, Australia’s $25 M For Solar In Apts, Meta’s 396 MW Deal

Sungrow Powers One Of The First Hybrid Solar Parks In Halmstad Sungrow was a key part of the commissioning of Sweden’s first hybrid solar parks, which have been successfully deployed in Halmstad. Sungrow is providing the inverters and the Energy Storage System (ESS). Developed by Solarwork Sverige and Powerworks Energy, the hybrid solar park is […]

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India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study

India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study,  Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […]

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