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First Solar

Solar Designer PVcase Raises $100 Million In Funding

Lithuanian firm PVcase (PhotoVoltaic Computer Aided Solar Engineering), a key global leader in solar project design software, announced today it has secured a joint investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant all participated in the round. Despite considerable resources already invested in the solar market, the solar engineering industry […]

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Have FTA Routes Become Conduits For Cheaper Solar Modules into India?

Export-related data has revealed that during April and May of this fiscal year, the quantum of imports of solar modules from countries with which India has a free trade agreement (FTA) has increased significantly, with a 48% share of total solar imports. The sharp move is beginning to hurt domestic manufacturers yet again, as they […]

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Fourth Partner Energy Commissions 70 MW Wind-Solar Hybrid Project in Gujarat

Renewable energy solutions platform, Fourth Partner Energy today announced the commissioning of its wind-solar hybrid project in Gondal, Gujarat. This 70 MW project marks 4PEL’s foray into hybrid renewable energy solutions and will supply clean energy to companies like Filatex, Linde, Nexus Malls (a Blackstone Group Co.), Deccan Chemicals and other marquee clients. Executed in […]

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Universal Transfomers Wins WBPDCL’s 5 MW Floating Solar Tender

West Bengal Power Development Corporation Limited (WBPDCL) has awarded Universal Transformers a 5 MW floating solar project for its design, engineering, procurement, supply, erection, testing and commissioning on RW pond at Sagardighi Thermal Power Project. The contract has been as part of an aggregate capacity of 22.5 MW floating solar power plants tender issued by […]

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Module Prices Near Bottom, As Cell Prices See First Hike In Months

Solar Module prices from China, which dictate prices around the world, finally seem close to a bottom for now, after a relentless fall in 2023.  The earliest indicators come in the form of solar cell prices, which saw a weekly increase of 1.5% to 2% this week This happened even as mono grade Polysilicon prices, […]

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Renewable Record of 8 GW Solar and Wind Installations in H1 of 2023 in Germany

Germany saw an impressive growth in renewable capacity addition in the first half of this year. A record 8 GW in new solar and wind installations have been commissioned in Germany during the first half of this year. This data comes from an initial analysis of the Market Master Data Register (MaStR), which is maintained […]

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1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead

Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […]

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Svayru Energy Wins 25 MW Solar Project of Coal India Limited

Mumbai-based Svayru Energy Limited has won a project via competitive bidding for the design, engineering, procurement and supply, construction and erection, testing, commissioning, associated transmission system and comprehensive O and M for five years Of 25 MW (AC) solar PV power plant at Bhojudih Coal Washery, BCCL, Purulia West Bengal. The tender was issued by […]

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PM KUSUM: Haryana Orders To Forfeit Deposits Of Errant Solar Firms

The Haryana New and Renewable Department, in its latest order, has threatened to take stringent action against errant solar companies working under the PM-KUSUM scheme. The order came to the fore after the department received several complaints from farmers against these companies. These complaints were related to delays or no response from these firms when repair […]

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