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Government Finalises Sale Of CEL For ₹ 210 crore, Solar Biz Largest Component

The Centre on Monday (Nov 29) announced approving strategic disinvestment of Central Electronics Limited (CEL), a public sector enterprise (CPSE) under the DSIR, Ministry of Information and Technology. The sale has happened on the second attempt, after a previous effort in 2016 failed to bear fruit. “The Cabinet Committee on Economic Affairs (CCEA) empowered alternative […]

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India At 75 And Beyond. Solar’s Starring Role

India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […]

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41 MW Floating Solar Plant Completed in South Korea

Scotra, a local South Korean floating PV specialist has completed construction of a 41 MW floating solar installation for the Korea Water Resources firm. The plant has been built on a reservoir of the Hapcheon Dam in South Korea’s Gyeongsang province. South Korea has set itself a target of 2.1 GW of floating solar by […]

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Canadian Solar Signs Framework Agreement With Battery Major CATL

Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […]

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First Solar Bags 5.4GW Module Order from bp & Lightsource bp

First Solar has won multi-year orders for up to 5.4 gigawatts photovoltaic (PV) solar modules from global solar leader Lightsource bp and integrated energy company bp. As part of the deal, Lightsource bp and bp have placed orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. Lightsource bp has agreed to procure up […]

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State Regulator Signs Off on 600MW Solar Projects in Ohio

State regulators on Thursday signed off on four solar farms for Ohio, U.S., including one planned for Union County and another in Marion County, as the rush to build solar projects in the state continues. The four projects bring to 18 the number of solar farms to be approved this year by the Ohio Power […]

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Aker, Hanwha, REC to Explore US Solar Value Chain Expansion

Aker Horizons ASA’s wholly owned subsidiary Aker Horizons Holding AS has entered into an agreement with South Korea’s Hanwha Solutions Corporation and REC Silicon ASA. Hanwha Solutions will acquire 21,891,275 shares in REC Silicon from Aker Horizons and will subscribe for 48,213,001 new shares in REC Silicon through a private placement in REC Silicon. Both […]

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Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore

Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […]

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