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China Seeks a fix For PV Overcapacity With New Norms

With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […]

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Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI

Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore.  […]

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Jinko Solar To Solarise Manchester City Football Club With Tiger Neo

Earlier this year, in June 2024, Jinko announced a multi-year global partnership with Manchester City Football Club. Under this partnership, Jinko, a  global PV and energy storage systems supplier, is expected to provide over 10,500 advanced Tiger Neo PV modules to power Manchester City’s training ground – City Football Academy. This collaboration envisions enhancing Manchester […]

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Saatvik Partners With MSEDCL For Supplying 250 Solar Pumps

Indian solar module manufacturer Saatvik Green Energy has partnered with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to supply solar powered submersible pumps at 250 sites across the state. The high-efficiency pumps range from 3HP to 7.5HP enhancing water access and supporting irrigation. These are 100% stainless steel pumps with high-efficiency motors & controllers, […]

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US Investment Plan: Premier Energies To Wait For More Clarity On IRA

Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […]

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Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report

Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […]

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Desert Technologies To Build 3 GW Cell, 2 GW Module Facility In Saudi Arabia

Jeddah-based Desert Technologies, which already operates a PV assembly line in Saudi Arabia with an annual capacity of 110 MW for high-efficiency PERC monocrystalline modules (up to 540Wp power output) has announced a major expansion plan. With an annual nameplate capacity of 5GW, the firm plans a 3GW solar cell manufacturing capacity and a 2GW […]

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Jinko Solar Supplies 280 GW Of Solar Modules Globally Till Q3

Global solar module manufacturer Jinko Solar claimed it supplied a massive 280 GW of solar modules in the first three quarters of 2024. The Chinese solar behemoth said that it became the world’s largest solar module supplier with this achievement. The solar company put forth the information while discussing its Q3 earnings results. “At the […]

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Adani Green Optimistic To Add 6 GW RE Capacities In FY25

Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […]

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