Tags: solar market

Sterling and Wilson Solar Q4 net down 56 pc at Rs 128.58 cr

Sterling and Wilson Solar has reported a 56 per cent decline in consolidated net profit at Rs 128.58 crore for the quarter ended March 31, 2020. The consolidated net profit of the company stood at Rs 294.80 crore in the quarter ended on March 31, 2019, a regulatory filing said. The total income of the […]

Read more

US solar PV system costs falling faster than anticipated: Wood Mackenzie

Wood Mackenzie in its new report says that Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction. Residential system prices with mono PERC modules are now expected to fall 17% from 2020 to 2025, up from 14% forecast pre-coronavirus. Additionally, mono PERC […]

Read more

Cleantech Solar secures USD 75 mln loan from ING to fund SE Asia expansion

Cleantech Solar secures a $75 million loan from Dutch bank ING Groep NV to finance its expansion across Southeast Asia, the companies said in a joint statement on Tuesday. Cleantech, which has Shell as one of its investors, will use the funding to help build over 500 megawatts of solar projects, according to the statement. […]

Read more

Global Solar O&M market to reach annual total of USD 9.4 billion by 2025: Report

According to new research by Wood Mackenzie solar power systems nearing inverter end of life currently account for 5% of the global PV market, this number will grow to 16% – or 227GWDC of solar systems – by 2025. The repowering and maintenance of these solar power plants will come at a cost, however. Wood Mackenzie […]

Read more

Hanwa Q Cells’ Patent Infringement Complaint against Jinkosolar, Rec and Longi Solar Confirmed Court In Germany

Hanwha Q CELLS confirmed that the Regional Court of Düsseldorf in Germany has upheld the company’s patent infringement complaint filed on March 4, 2019, finding that JinkoSolar, REC Solar, and LONGi Solar unlawfully incorporated Q CELLS’ patented technology into specific solar products of the respective brands. The lawsuit charged that the three companies have infringed the German […]

Read more

MNRE forms project development cell to attract investment in green energy

The Ministry of New and Renewable Energy (MNRE) has constituted a project development cell to attract investment in the clean energy sector, particularly solar. The project development cell (PDC) would offer those renewable projects for investment where all necessary spade work like detailed project report, land, etc is complete. The PDC has been constituted under […]

Read more

Watch: Trina Solar lists on stock exchange

Trina Solar successfully listed yesterday on the Shanghai Stock Exchange’s Science & Technology Board Innovation Board, which has been dubbed the NASDAQ of China. Read the Report here

Read more

Domestic solar firms raise concern over basic customs duty on solar cells

Domestic solar cell and module makers located at the special economic zones (SEZs) have raised concerns over the government’s plan to impose basic customs duty (BCD) on these equipment, saying it would raise their overall product cost on domestic sales. Noting that the domestic renewable energy sector has potential to generate about four lakh jobs […]

Read more