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Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions

Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable  solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […]

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SMA 2024 Fiscal Year Sales: Profitability In Line With Expectations

Germany-based SMA Solar Technology AG completed the first quarter of 2024 which the company claims lines with their expectations. The group sales totalled €361.8 million and were thus at the same level as the previous year (Q1 2023: €367.2 million). SMA said in a statement, “As expected, sales in the home solutions and commercial & […]

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Africa’s Solar Challenges: Massive Untapped Potential Shows Up Tiny Production

With nearly one-fifth of the world’s population today, Africa accounts for less than 3% of the world’s energy-related carbon dioxide emissions to date and has the lowest emissions per capita of any region. But still, Africans are facing the worst consequences of climate change in the world due to several reasons. Following that, Africa also […]

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News In Brief May 9- i2Cool Funding, Risen Energy Financials

Radiative Cooling Solutions Firm i2Cool Attracts HKD100 Million in Series A Financing  i2Cool, a company specializing in electricity-free cooling technology, has attracted nearly HKD100 million (USD13.8 million) in its Series A round financing from Trustar Capital (the private equity investment business under CITIC Capital Holdings Limited), Future Times Technology Holding Company Limited, The Hong Kong and China Gas Company Limited, […]

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The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets

India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […]

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LONGi Sets New Record In Silicon Solar Cell Efficiency

LONGi Green Energy Technology Co. announced that the company has broken another world record for silicon solar cell efficiency only four months after it last set a world record in this area on May 7. As certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the new silicon heterojunction back-contact (HBC) solar cells designed […]

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Pakistan A Step Closer To 1.3 GW Renewable Project

Pakistan, where despite a horrendous power grid situation and ideal conditions for solar, renewable energy beyond Hydro has simply not been allowed to take root, might finally be moving towards a GW scale renewable project. The country’s grid has been paralysed with issues linked to its ‘circular debt’, leading to extended blackouts, and a stealthy […]

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Business Development Manager – Grid Specialist APAC

Roles and Responsibilities:- Identify and size new and emerging opportunities for energy storage and find innovative ways to unlock new markets for energy storage. Model customer business cases and quantify differentiated value for Fluence to go after these specific market and customer segments. Interpret market developments, connecting to and informing sales strategy. Be a leading […]

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UK’s DG Innovate Forms JV With EVage Motors For Making E-Trucks In India

UK-based sustainable mobility and energy storage company DG Innovate has entered into a joint venture with EVage Motors, the electric truck company in India. The JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers […]

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