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Solar Revenue

Shakti Pumps Starts Operations in Uganda To Supply Solar Pumps

Shakti Pumps (India) Limited, of the critical Indian stainless steel submersible solar pump manufacturers, has now announced the commencement of its operations in Uganda. The company has also opened its office in the country to coordinate its expanding business better.  Indian External Affairs Minister S Jaishankar, Ramesh Patidar, Executive Director of Shakti Pumps, and other […]

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LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment

Maker of  monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […]

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Solar EPC Prozeal Infra Pockets $4 Million Series A Funding

Ahmedabad-based Solar EPC firm Prozeal Infra Engineering Private Limited has announced their first round of funding led by Chandrakant Gogri’s family office arm – Alchemie Ventures. The $4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects […]

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We want to expand solar panel manufacturing capacity to 1.2 GW, cell manufacturing to 500 MW: Manish Gupta, Insolation Energy

Jaipur-based solar panel manufacturing firm, Insolation Energy Ltd (INA Solar) has secured an ECB (External Commercial Borrowing) for USD 2.5 million. The Founder & Chairman of Insolation Energy, Manish Gupta, tells Saur Energy how the funding will give an impetus to the firm. Tell us about the USD 2.5 million subsidised funding that Insolation Energy […]

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Israel’s Airtouch Solar In Agreement with ACME Group For Bigger India Push

Airtouch Solar has deepened its operations in India by signing a multi-year transaction of close to 4 million USD with India-based ACME Group. The agreement will pave tthe path for the supply and maintenance of Airtouch’s solar panel cleaning robots. ACME is a leading solar developer in India and has diversified into Green Hydrogen and […]

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EDF Renewables to Supply 117 MWac of Solar Energy to California Utility

Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […]

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Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022

Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […]

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USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio

Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […]

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Ecoppia Appoints Amir Fishelov, Co-Founder, SolarEdge Technologies to Board of Directors

Israel-based Ecoppia, which delves into robotic cleaning for photovoltaic solar panels, has announced the appointment of Amir Fishelov as a member of its Board of Directors. Amir Fishelov is the Co-Founder of SolarEdge Technologies– an Israel-based developer and seller of solar inverters. The firm recently joined the S&P 500. During his time at SolarEdge, Fishelov […]

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