Canadian Solar Starts Mass Production of 210 mm Large Cell Modules of up to 665 W Updated On Tue, Apr 13th, 2021 by Saurenergy Canadian Solar Inc. today announced that it has started mass production of high-power, high-efficiency modules with power output of up to 665 W. The new generation of monofacial HiKu7 and bifacial BiHiKu7 modules are based on 210 mm cells and are set to deliver one of the most competitive levelized cost of electricity (LCOE) in the industry by reducing […] Read more
India’s First Li-ion Battery Plant in Karnataka Updated On Tue, Apr 13th, 2021 by Saurenergy Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […] Read more
JinkoSolar Reports 31.4 % Increase in Shipments in FY20, Revenue up 18% Updated On Mon, Apr 12th, 2021 by Saurenergy JinkoSolar has revealed that despite ‘extreme challenges’ it managed to bump up its annual shipments to 18.77 GW in FY 2020. The firm also ran into losses for the fourth quarter. JinkoSolar, one of the largest solar module manufacturers in the world, has recently announced its financial results for the financial year 2020 (FY20) ended […] Read more
LONGi Signs up for Green Hydrogen With Special Unit Updated On Wed, Apr 7th, 2021 by Saurenergy LONGi Green Energy, the largest solar manufacturer globally, has gone ahead and incorporated a business unit in March to explore and get in early into the green Hydrogen market. LONGi has a targeted manufacturing capacity of 40 GW in modules, 20 GW in cells, and mono ingots at 65 GW. The move by LONGi really […] Read more
GESCOM Empaneling Agencies for 10 MW Rooftop Solar Plants Under SGY Scheme Updated On Wed, Mar 31st, 2021 by Saurenergy GESCOM is empaneling agencies for setting up rooftop solar plants worth 10 MW capacity with net-metering arrangements under the SGY scheme. The Gulbarga Electricity Supply Company (GESCOM) has issued an Expression of Interest (EoI) for the empanelment of agencies for setting up rooftop solar PV plants aggregating 10 MW capacity on the rooftops of residential […] Read more
Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […] Read more
BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Material Shortage to Increase Module Prices in 2021 Updated On Thu, Mar 18th, 2021 by Saurenergy The module makers eventually cannot bear the cost pressure anymore which is transmitted from upstream sector as material shortages continues ascend. This is reflected in the actions of almost all industry giants like JinkoSolar, Longi, JA, which reversed their price cut policy and raise their bid quotation, others have already notified their customers of the […] Read more
Will Module Price Skyrocket in 2021? Updated On Thu, Mar 18th, 2021 by Saurenergy 80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […] Read more