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Goldi Solar Completes 24+ MW Solar Module Supply for Solarization of LS Mills Limited

Goldi Solar, India’s most quality conscious solar brand has completed a 24+ MW supply order of solar modules to LS Mills, a leading textile company based in Theni, Tamil Nadu. The modules are for a project based in Aviyoor, Virudhunagar District of Tamil Nadu commissioned in March 2021. Goldi Solar’s 71690 high efficiency solar panels […]

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Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges

Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […]

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SolarEdge Announces Financial Results for Q1 2021

Israeli-based solar inverter manufacturer SolarEdge has announced its financial results for the first quarter ended March 31, 2021, reporting good revenues to shareholders worldwide. Zvi Lando, CEO of SolarEdge, said, “We are happy to report our first quarter results, representing continued growth in our solar business across geographies and segments.” In Q1 2021, the company reported […]

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North-West Europe has Potential to Lead Hydrogen Adoption: IEA & CIEP

Joint IEA-CIEP study shows the region is well placed to lead hydrogen adoption for clean energy transitions, but greater cooperation and policy implementation is required to accelerate deployment. North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas […]

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First Solar Records $803 Million in Net Sales in Q1 2021

American solar technology company, First Solar has released its first-quarter (Q1) 2021 financial results, showing that the company has recorded net sales of USD 803 million with an increase of USD 194 million from the prior quarter. First Solar says that this has resulted primarily due to an increase in systems revenue driven by U.S. […]

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Talen Energy Reveals 1 GW of Battery Storage Development Projects

Talen Energy Corporation has announced that it is developing a one gigawatt stand-alone battery storage projects across its U.S. footprint. This development is a part of its strategic transformation to renewable energy and digital infrastructure growth platform. The company is expected to develop these battery projects ranging from 20 to approximately 300 megawatts across three […]

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LONGi to Supply 600 MW Modules for JV With Engie

Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […]

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Swedish Solar Installer SunRoof Raises €4.5 Million

Sweden based residential solar rooftops installer, SunRoof closed a Euro 4.5 million funding round led by Inovo Venture Partners, a Poland based investor which backs early-stage and post-traction startups. It was the second round of investment of the seed extension round in under six months, taking total funding to Euro 6.5 million. The funding was […]

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ReneSola Power Releases Preliminary First Quarter 2021 Results

Connecticut-headquartered solar project developer and operator ReneSola Ltd recently announced its preliminary unaudited financial results for the first quarter of fiscal year 2021, based on which the company now expects revenue for the first quarter of 2021 to exceed $20 million, higher than the previously announced guidance range of $18 million to $20 million. Additionally, gross margin […]

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