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Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps

Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […]

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TBEA To Open GW-class PV Inverter Facility in India on November 29

TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […]

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Jinko’s High Efficiency Module Tiger Already Places the Company Ahead of Competitors

JinkoSolar’s worldwide market share has grown significantly over the past few years. Its continuous improvements in product line has reflected well into its increasing sales per quarter. Market entry of new Tiger module launched at All Energy Australia last month, has been reviewed well with marked gains in efficiency and overall performance. 460 Wp Tiger […]

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ADB Secures GCF Funding for Innovative Climate Finance Fund in China

GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […]

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ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022

Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […]

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Magenta Power Ties up With Lodha Group for EV Charging Solutions

Magenta Power has tied up with Lodha Group to provide complete end to end EV charging solutions in their upcoming projects at Dombivli and Thane, Mumbai. Magenta Power, a leading electric vehicle (EV) charging solutions provider in India has announced that it has tied up with Lodha Group, listed amongst the coveted real estate developer, […]

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Uttarakhand to Empanel Bidders for 10 MW Rooftop Solar Projects

UPCL has issued an EoI for the empanelment of vendors for grid-connected rooftop solar power projects ranging in capacity between 1 kW-500 kW in Uttarakhand The Uttarakhand Power Corporation Limited (UPCL) has issued an Expression of Interest (EoI) for the rate contract and empanelment of eligible bidders and vendors for grid-connected rooftop solar power projects […]

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Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019

Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […]

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