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financial results

Understanding MSEDCL’s Solar Throttle

In the last quarter of 2019, it was an effort to force a shift to net billing over net metering, that had the industry up in arms against the discoms in Maharashtra. The move, that was proposed in the draft guidelines for commercial and industrial rooftop category, was finally stayed by the state regulator. And […]

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ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale

ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […]

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Chattisgarh Commission to set Generic Tariff for Solar Energy Projects

The Chattisgarh Commission has issued a draft order with the generic levelised tariffs for FY 2019-20 & 2020-21 for renewable energy sources like solar. The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued a draft order with the findings and results of the suo-moto meetings conducted by the commission to determine the generic levelised tariffs […]

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The Potholes of 2019 for India’s Solar Drive

Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […]

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TERI Tenders for Battery Energy Storage Systems in Delhi

TERI has issued a tender for the commissioning of Battery Energy Storage Systems on turnkey basis under the UI-ASSIST initiative with BRPL in Delhi The Energy and Resources Institute (TERI) has issued a tender for the commissioning of Battery Energy Storage Systems (BESS) on turnkey basis under the UI-ASSIST initiative with the BSES Rajdhani (BRPL) […]

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Scatec Solar Bags 3 Solar Projects Worth 360 MW in Tunisia

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched earlier. Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. “We […]

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LONGi Solar Signs 1.2 GW Module Agreement With Adani Green Energy

LONGi Solar has entered into a strategic partnership agreement with Adani Green Energy, where it will supply Adani with 1.2 GW of its new generation modules LONGi Solar has announced that it has entered into a strategic partnership agreement with Adani Green Energy, where LONGi will supply Adani with its new generation Hi MO4 modules. […]

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Assam Issues Tender Seeking Operators for 100 Electric Buses

ASTC has issued a tender for the selection of bus operators for the supply, operation, and maintenance of 100 electric buses in Assam. The Assam State Transport Corporation (ASTC) has issued a tender, inviting bids from eligible firms for selection of bus operators for the supply, operation, and maintenance of 100 electric buses in the […]

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SolarEdge Q3 Revenue Surges 74% to $410.6 Mn

SolarEdge revenues for the solar business jumped by 66 percent to USD 387.8 million, from USD 233.8 million in the same quarter previous year. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 74 percent in its total revenue at USD 410.6 million during the third quarter of FY 2019, as against USD […]

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