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Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022

Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […]

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JinkoSolar Launches SunGiga Liquid-Cooling ESS in Japan

Chinese solar manufacturer JinkoSolar has announced the launch of its new liquid cooling energy storage system called SunGiga for C&I application and showcased it in this year’s PV Japan Expo 2023. JinkoSolar had launched the SunTank residential ESS in Japan in 2022. JinkoSolar said that the liquid cooling system for more even heat dissipation and […]

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GUVNL Tender For Procurement Of 500 MW Wind Power

Gujarat Urja Vikas Nigam (GUVNL) has issued tender inviting bids to procure green power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. GUVNL has kept the last day of bid submission on April 11, 2023 and the bids will be opened […]

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Power Storage Startup Su-vastika Launches Electronic Genset

Gurugram-based power generation startup Su-vastika has launched its electronic genset, terming it a cost-effective solution for increased pollution levels. Calling it the “Power on Wheels”, the company claims that the electronic genset is  a pollution-free and cost-effective alternative to traditional diesel generators. The company has installed its electronic genset in their Gurugram-based manufacturing facility which […]

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SJVN Gets Letter oF Award from MSEDCL for 200 MW Solar Project in Maharashtra

State-owned renewable energy company SJVN has announced that its wholly-owned subsidiary SJVN Green Energy has received a Letter of Award from Maharashtra State Electricity Distribution Company (MSEDCL) for the development of a Solar Power Project in the State of Maharashtra. SJVN said that the capacity of the solar project will be about 200 MW. As […]

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Solar Waste Recycling: An Opportunity For India

The Ministry of New and Renewable Energy (MNRE) has added the solar modules and solar cells under the e-Waste Management Rules 2022 thereby fixing responsibility of the producers in terms of storing solar industry waste, filing regular returns, disclosing the panel and cell inventory separately and complying with the CPCB guidelines. The move is widely […]

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Electriq Power Secures $300 Million for Solar+Storage Financing

Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […]

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“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair

With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […]

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