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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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Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored

Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at […]

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UK’s Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL

Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large  energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in […]

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MSEDCL Issues RfS For Purchase Of Power For Solar Power Projects

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued an RfS for the purchase of power on long term basis through competitive bidding process for 500 MW inter/intra state grid connected solar photovoltaic power projects. The timeline for the online submission of response to RfS is August 30, 2022 at 15.00 hrs. All documents are […]

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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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Tourist Destinations In Bihar To Be Powered By Solar Energy

The State Energy Minister of Bihar, Bijendra Prasad Yadav has announced that the tourist destinations in Bihar, including Bodh Gaya, Rajgir, and some parts of Patna will be powered by solar energy under an agreement. The announcement was made by the Minister on the occasion of the conclusion of ‘Ujjwal Bharat, Ujjwal Bhavishya-Bijli Mahotsav’, which […]

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TotalEnergies Reveals Q2 Results; Company Records Jump In Profits

Global renewable energy player, TotalEnergies has announced its financial results of the second quarter of 2022. It has said that the EBITDA from the renewables and electricity business of the company has grown to $462 million in the second quarter. TotalEnergies says that this is 49 per cent more as compared to the corresponding quarter […]

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Universal Solar To Open 600 MW PV Module Factory In Panama

Large scale solar energy player Universal Solar has announced that it is in the process of opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry. The announcement was made by Chief Executive Officer (CEO) and Founder John Bereckis. […]

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