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Trina Solar Passes 8GW Solar Module Shipment Milestone For India

Trina Solar has shipped more than 8GW of solar modules to India since 2010, supplying to PV projects in all three segments of residential, commercial and industrial and utility. “Solar modules for commercial and industrial (C&I) businesses accounted for 60% of Trina Solar’s shipments to India last year and in 2022’s first quarter, while about […]

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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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The Rise Of Solar Fires Sound A Cautionary Note

A recent study by Firetrace International, a global provider of fire suppression technology, has indicated that solar farm fires are seeing a sharp rise. The report, titled, “Hidden Danger – why solar farm fire risk could be greater than you think,” shares that the industry could possibly be misjudging the threat of fire. It has […]

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Kerala State Commission Turns Down KSEB Petition For Gross Metering, Net Billing

In an important order last week, the Kerala Electricity Regulatory Commission (KSERC) has turned down the plea of the state discom, Kerala State Electricity Board Ltd (KSEB) for modification of the net metering rules as applicable in the state to  gross metering and a net billing regime. KSEB had also made a plea for the […]

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Watch Out For World’s First Solar-Powered Mass Market Electric Car

Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […]

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First Solar Signs Global Supply Agreement With Akuo Energy For 500 MW

US-based solar module manufacturer, First Solar has announced a new renewable energy Global Supply Agreement with Akuo Energy, a France-based independent global renewable energy player. Through this agreement, First Solar will supply 500 MW of thin film PV solar module to Akuo Energy. As per the Agreement, First Solar will provide 200 MW for a […]

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German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition

Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […]

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MasTec to Acquire Infrastructure and Energy Alternatives (IEA)

MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]

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Cypress Creek Acquires 400 MW Storage From Black Mountain  

USA-based renewable energy player Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100MW, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are currently under development. Cypress Creek said that it will continue […]

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