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China Overruns Germany in Solar Market

China, the largest consumer of energy outstrips Germany as the country records massive increase into its solar capacity. ‘The country had added 15.1GW of solar power last year, bringing the aggregate to 43.2GW’, the National Energy Administration said recently. ‘This is equivalent to more than a quarter of worldwide increases and 33% of the country’s […]

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JinkoSolar inks 1MW Supply Treaty with sPower

JinkoSolar announces that it has gone into a strategic consent to supply 1GW of solar PV modules to sPower, US Independent Power Generation Company. This assertion is said to be the biggest contract for JinkoSolar in the United States till date. JinkoSolar will supply more than three million of its high energy solar PV modules […]

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Gamesa Electric Bags the Biggest Solar Project in Honduras

Gamesa Electric claims to receive the biggest Solar PV project in Honduras. The operations will comprise a supply of Solar Power Stations and Control for a 53,31MWp project. In this operation, Gamesa Electric strengthens its vicinity in LATAM, with another supply contract in a nation in its first advancement stages for PV renewable energy and […]

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Avaada Group Successfully Pockets INR 10,700 Cr as Funding

Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […]

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India’s Utility Scale Renewable Growth To Face Hurdles In 2023 to 2024: IEA Report

A latest report by the International Energy Agency (IEA) claimed that India is likely to see an increased installation of renewable energy in 2023 and 2024. It attributed this to some of the positive developments in the sector. The global report titled ‘Renewable Energy Market Update’ gives a projection of the growth of renewable energy across the […]

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World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier

Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […]

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Material Shortage to Increase Module Prices in 2021

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 […]

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