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Project Solar Raises $23 Million Series A For Digital Solar Offering Expansion

Project Solar, a US based and America focused firm for solar installations, has shared that it has concluded a $23M Series A financing round. New-York based capital venture firm, Left Lane Capital, led the round along with strategics from the industry. The investment will be the first institutional capital for Project Solar that will be […]

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Why The Solar Industry Needs To Push For A Circular Economy

By Bharat Bhut, Co-Founder And Director, Goldi Solar The latest IPCC report shows greenhouse gas emissions continue to rise, and current plans to address climate change are not ambitious enough to limit warming to 1.5°C above pre-industrial levels—a threshold scientists believe is necessary to avoid even more catastrophic impacts. This can be largely attributed to […]

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Ampt Files Two Lawsuits Alleging Patent Infringement By SolarEdge

United States-headquartered power optimizer company, Ampt has filed two patents infringement lawsuits against SolarEdge in the United States. The lawsuit has been filed with the US International Trade Commission (ITC), asking for a restriction on imports of SolarEdge’s power systems and components infringing Ampt’s patents. At the same time, Ampt has also filed a similar […]

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First Solar Announces Q2 2022 Financial Results: QoQ Growth 99%

US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth  $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […]

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EVA Sheet: An Important Constituent of a Solar Module; Explained

Apart from solar cells, a solar module consists of many components protecting or prolonging the lives of the cells. A standard module consists of a Frame on outer edges, glass sheet, and Ethylene Viny Acetate (EVA) sheet above the solar cells. Cells are covered from lower side again with an EVA sheet before hard and […]

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First Solar To Supply 2.4 GW Solar Modules To Intersect Power

US-headquartered First Solar, has announced entering into an agreement to supply 2.4 GW of thin film solar PV modules to Intersect Power. The modules are scheduled to be delivered from 2024 to 2026. According to Intersect Power, the modules will be deployed in its solar, storage, and green hydrogen projects coming online across the USA […]

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Solar Trackers: Poised To Boom With Solar Once Again

Solar trackers are usually paired with ground mount solar systems in order to increase energy output of the solar panel. Recently, rooftop-mounted trackers have also emerged in the market. So, what is a solar tracker? How is it instrumental in boosting energy output of solar panels? In the simplest of terms, a solar tracker is […]

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UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […]

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