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Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY

Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of  86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […]

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TANGEDCO To Add 3 MW Solar Power Under PM-KUSUM Scheme

The Tamil Nadu Electricity Regulatory Commission(TNERC) has allowed the Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) to procure solar power with a combined capacity of 3 MW generated by two farmers in the state. The solar power will be purchased at a tariff of Rs 2.99 per unit, under Component – A of the […]

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80 MW Al Jomaih solar project in Gujarat bags ₹4 B loan from ADB

The 80 MW AJ Solar Power Project, situated in Gujarat, has been granted a Rs 4,063 million loan by the Asian Development Bank (ADB) for environmentally sustainable growth and inclusive economic progress. The project is being sponsored by Al Jomaih Energy and Water Company, which emerged as a winner in the 500 MW solar auction […]

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Jakson Group wins bid for O&M of NTPC Bhadla Solar Power Plant

To strengthen its legacy as an energy solution provider, Jakson Group, one of the India’s fastest-growing energy companies, won a bid for comprehensive Operation and Maintenance (O&M) for 260 MW Bhadla Solar PV Plant located at Bhadla Solar Park in BAP, Rajasthan. Jakson Group will have the responsibility to continuously monitor the site for all […]

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Cleantech Solar Commissions 625 kWp Rooftop Solar for Yachiyo India

Cleantech Solar has announced that it has commissioned a 625 kWp rooftop solar photovoltaic (PV) system at the manufacturing facility of Yachiyo India Manufacturing Private Limited in Bhiwadi, Rajasthan. Cleantech Solar said that the project was executed in record time, taking just 59 days from PPA signing to commissioning, including obtaining all regulatory and net […]

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JERA Collaborates with West Corp. for 1GW Solar Power Production in Japan

The biggest power company of Japan, JERA and West Holdings Corporation, have reached a final agreement for developing solar power generation projects in Japan of about 1 GW. The official statement of JERA announces that the company has also concluded a share purchase agreement with a shareholder of West HD to acquire approximately 2.3% of […]

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TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA

French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […]

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Judge sides with Elon Musk in lawsuit over SolarCity

A judge in the state of Delaware on Wednesday handed Tesla chief Elon Musk a victory in a shareholder lawsuit filed over the controversial buy of solar panel maker SolarCity. The judge ruled against a group of Tesla shareholders who contended that Musk, who was chairman of both Tesla and SolarCity at the time of […]

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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […]

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