SAEL issues $305 million in green bonds
The solar and waste-to-energy company intends to use the proceeds to refinance its existing debt and fund capex of future renewable projects.
WoodMac says global solar tracker shipments grew by 28% in 2023
Global tracker shipments reached 92 GWdc last year, according to WoodMackenzies’ latest report. The US accounted for the majority of the global market, with three US-based manufacturers, Nextracker, Array Technologies and GameChange Solar, ranking as the three largest shippers in the world.
China’s solar dominance not an issue
In a new monthly column for pv magazine, the International Solar Energy Society (ISES) explains why potential trade disruptions in the global PV supply chain are substantially different from those related to coal, oil and gas.
Adani Green net profit for Q1 up 95% YoY
Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.
Fluence expands digital services center for energy storage assets
Fluence has set up a new remote monitoring and diagnostics center in India. The center leverages digitization, artificial intelligence, and Fluence’s Nispera asset performance management software to help deliver value to energy storage owners.
Insolation Energy to add 3 GW solar panel, 1.4 GW cell capacity by March
Insolation Energy is expanding its solar panel production capacity to 4 GW per year from around 1 GW at present. It is also setting up manufacturing capacities of 12,000 MT of aluminum framing and 1.4 GW of PV cells. The new capacities will be commissioned within this fiscal 2024-25.
Tata Power’s microgrid arm partners with National Dairy Development Board to solarize milk value chain
TP Renewable Microgrid Ltd and National Dairy Development Board will collaborate to enhance sustainability and operational efficiency within the milk value chain. This includes the solarization of dairy cooperative societies, bulk milk coolers, and milk chilling centers, facilitated by solar microgrid technology.
Sinovoltaics shuffles PV module manufacturer financial stability ranking
The third edition of the Sinovoltaics financial stability report ranking lists India-based Abhishek Corp, Insolartion Energy, Waaree Renewable Technologies, and Solex Energy, all based in India, followed by U.S.-based First Solar as the top five. Six additional manufacturers entered the global ranking.
How long do residential solar panels last?
Multiple factors affect the productive lifespan of a residential solar panel. In the first part of this series, we look at the solar panels themselves.
ReNew switches on 400 MW solar project in Rajasthan
ReNew has inaugurated a 400 MW solar project in Rajasthan. The project is part of a 600 MW power purchase agreement with Solar Energy Corp. of India (SECI) for 25 years.
