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JinkoSolar’s Q1 FY21 Results. Key Highlights And Guidance For the Future

One of the largest solar module manufacturers from China,  JinkoSolar, announced a mixed set of  unaudited financial results for the first quarter ended March 31, 2021 (Q1 FY2021). The company has received total revenues in the Q1 Fy2021 were RMB7.94 billion (USD 1.21 billion), a decrease of 15.7percent from RMB9.42 billion in the Q4 FY2020 […]

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Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia

China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […]

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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain

Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […]

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India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA

Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […]

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US Moves To Sanction Chinese Solar Firms, Implications for India

Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […]

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Solar Thermal FO Produces Potable Water Using Sea Water in Tamil Nadu

Narippaiyur, a drought-prone village in Ramanathapuram District in the southeast corner of Tamil Nadu, will benefit from 20,000 litres per day of fresh water produced from sea water – thanks to the solar thermal Forward Osmosis (FO) sea water desalination system recently installed in the place. The customized demand driven convergent water solution through FO […]

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Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain

Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […]

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