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Solar Revenue

Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY

Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of  86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […]

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Solar power production in India getting impacted by forest fires: Study

Forest fires that plague different parts of India, especially during summers, play a major role in reducing solar power production in India, a study has found. Several factors such as clouds, aerosols, and pollution generated from various sources limit the solar irradiance, causing performance issues in the photovoltaic and concentrated solar power plant installations. Large-scale […]

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Borosil to acquire Europe’s largest solar glass maker Interfloat Group

Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […]

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Torrent Power Secures 50 MW Solar Power Plant from SkyPower

Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […]

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THDC, Rajasthan Govt Sign Agreement to Develop 10,000 MW Solar Projects

THDC India Limited has signed an agreement in Rishikesh with Renewable Energy Corporation Limited (RECL) for the development of large solar power projects with combined capacity of 10,000 MW in Rajasthan. With one of the highest solar irradiance in India, Rajasthan has been catching up aggressively in fresh solar capacity as well as planned capacity in […]

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Free of Cost Rooftop Solar to Come Up in Chandigarh

Chandigarh is a step away from becoming the first city in the country that will have private players installing rooftop solar systems on private households for free of cost. Under the new business model, the private firms will be responsible for developing, installing, financing and operating the solar rooftop systems in the city. Or the […]

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Solar resource variability in key global markets increases scrutiny on solar asset performance: Study

A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments,  has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […]

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Thailand Counts on Crypto To Power One Million Farmlands With Solar

The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […]

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CSIR-CMERI and their record-breaking solar trees need a pause

Earlier this month on March 14th, the Council of Scientific and Industrial Research’s Central Mechanical Engineering Research Institute (CSIR-CMERI) unveiled the world’s largest solar tree, officially certified by the Guinness World Records (GWR), which has been installed at its Centre of Excellence for Farm Machinery in Ludhiana, Punjab. Rated for a capacity of 53.6 kW, […]

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