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Soltec Nets Statkraft Deal For 234 MW Solar Projects in Spain

The Spanish manufacturer and supplier of solar trackers, Soltec has agreed to terms with Europe’s renewable energy company Statkraft for the development of four solar projects in Cadiz in southern Spain with a total capacity of 234 MW. According to the firms, four projects being constructed this year and expected to generate 500GWh of clean […]

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Trina Solar’s 670W Vertex Modules Certified for Extreme Snow-Load

China’s solar panel manufacturers, Trina Solar has completed non-uniform snow-load testing at the China General Certification (CGC) East China PV Testing Center with its new-generation Vertex 670W modules. The data demonstrate the critical snow-load of Trina Solar’s five modules exceeded 6,600 Pa, getting up to 7,000 Pa, equivalent to the pressure generated by 2.8 meters […]

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HPL Electric and Power Ltd reports revenue of ₹ 308 Crores in Q4 FY21

Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April’20 to March’21) yesterday, reporting total revenue of ₹ 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than […]

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JinkoSolar & Canadian Solar Subsidiaries Apply to Get Listed on SSE

Major solar module manufacturing firms JinkoSolar Holding Co., Ltd. and Canadian Solar Inc. announced yesterday the submission of application documents for a potential initial public offering and listing on the Shanghai Stock Exchange‘s Sci-Tech innovation board (the STAR Market), a stock exchange intended to support innovative companies in China, by their subsidiaries. Both the companies revealed their […]

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The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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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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Solar Array Installation at a Space Station by NASA and ESA

Solar panels are powering the spacewalks of astronauts for the first time at the International Space Station. Astronauts Shane Kimbrough from NASA (National Aeronautics and Space Administration) and Thomas Pesquet from ESA (European Space Agency) completed the deployment of a new ISS Roll-Out Solar Array (iROSA) on the far end of the left (port) side […]

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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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