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JinkoSolar Supplies 100 MW Modules For Vietnamese Solar Projects

JinkoSolar, one of the leading solar module manufacturers based out of China, has announced that it has supplied 100MW of high efficient solar modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, one of Vietnam’s largest solar power projects. The project is located in Buon Don district in the Central Highlands province […]

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ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific

The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […]

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Iberdrola Posts First Quarter Profit Increase of 15 Percent

The group is moving forward with 4,100 new MW of capacity scheduled for 2019, which will increase annual production by 13%, and another 8,800 MW between 2020 and 2022. Spanish public multinational electric utility company, Iberdrola recently issued its first quarter financial results. Obtaining a net profit of €963.9 million in the first three months, […]

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Pre-bid Meeting & Site Visit Notification For 100 MW Solar Tender at SCCL

The Solar Energy Corporation of India (SECI) has issued a notification with the schedule for the pre-bid meeting and site visit for its tender regarding the development of 100 MW of solar PV power plants under different packages at Singareni Collieries Company Limited (SCCL) in Telangana. A pre-bid/clarification meeting has been scheduled to be held […]

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South Korea Steps Away From Coal and Towards Renewables

The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […]

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Telangana Students Develop 3-in-1 Solar Cleaning Machine

As for power, though it draws energy from the sun, the innovators also provided an option for it to be charged externally. Students of Mahatma Gandhi Institute of Technology, Gandipet, M Charanlal and U Anil Kumar have invented a solar-powered grass-cutting machine which is being run through solar energy. In a bid to ease the […]

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Expanding its Global Presence, Growatt Sets Up Service Centre in Brazil

Growatt, a leading Chinese inverter manufacturer has set up its Brazil Service Center in Mogi das Cruzes to expand its global presence. The expansion falls in line with the solar PV installations in Brazil. Solar capacity additions in the recent years have drastically increased in the South American nation, with 371.9 MW capacity added in […]

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Canadian Solar to Sell 80% Stake of its 482 MW Portfolio in Brazil

The projects for which the company has sold 80% stakes are presently in advanced stages of development with construction expected to begin in 2019. China-based Canadian Solar Inc., one of the world’s largest solar power companies, has announced the signing of an agreement for the sale of its 80% interest in a 482.6 MW portfolio […]

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STMicroelectronics Reports First Quarter Financial Results

The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. […]

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