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Solar Revenue

Visakhapatnam Port to Source its Energy Needs from Solar Power

After meeting its peak energy requirement of 12 million units per annum for powering the port and its BOT (Build-Operate-Transfer) operators, the port authority is selling the surplus 5 million units to the State. The Visakhapatnam Port Trust (VPT) has confirmed that after achieving its financial growth target for the fiscal year three months ahead […]

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Google’s Data Centers in Tennessee and Alabama to Run on 1.6 Mn Solar Panels

Located in Hollywood, Alabama and Yum Yum, Tennessee, the two biggest solar farms will be able to produce around 150 megawatts each. In an attempt to match its energy-use with 100 percent carbon-free energy, Google wants the electricity consumed by its new data centers in Tennessee, and Alabama, to be matched with 100 percent renewable […]

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Canadian Solar Sells 18 Mw Solar Project in Chile

The transaction was closed in December 2018 and the Company expects to recognize the majority of the revenue from the sale of the projects. Canadian Solar has announced that it has completed the sale of its 18 MW portfolio of PMGD solar power projects in Chile to Sonnedix. The transaction was closed in December 2018 […]

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Viz-A-Viz with Vishal Amin, Director (Solar Division), Lubi Electronics

Q. Please tell us something about Lubi Solar including the vision behind its formation and its current role in the market. Lubi Solar is a division of Lubi Industries, a premier name in pumping industry. We at LUBI believe in the concept of continuous improvement by adopting new and progressive technology in our existing products […]

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Freedom Solar Launches Commercial Solar Financing Vehicle in Texas

The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […]

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Rooftop Solar: Democratising Power Generation – One Roof at a Time

Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […]

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JinkoSolar Hits Record High Shipment in Third Quarter

Total revenues were $974.8 million, an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of 2017. JinkoSolar, a leading solar PV company, has announced its unaudited financial results for the third quarter that ended September 30, 2018. Total solar module shipments hit record high of […]

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Canadian Solar Acquires 100% of Suzlon’s Telangana Solar Projects

Suzlon sold its Amun Solar Farms and Avighna Solar Farms for a total of Rs 280.11 million to the Canadian global module supplier and solar project developer. Canadian Solar acquired the remaining 51% stake in two solar projects in Telangana from Suzlon Energy. The two projects have capacity of 15 MW each. Suzlon sold its […]

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Delhi Government to Educate Farmers About Solar Scheme

The revenue department has been instructed to identify land owning farmers so as to to encourage them to enroll in the scheme. Delhi Government will soon hold workshops to inform and sensitize farmers about the benefits from the new solar scheme. The scheme will also help farmers to have a secondary source of income. The […]

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