Azure Power returns to productivity regardless of restricted project commissioning
Azure Power is on track to increase its operating solar capability by at the very least a 3rd this fiscal year adhering to a first quarter that saw the independent power manufacturer (IPP) return to success.
Sep 1, 2021 // Markets & Finance News, IPP, India, financial results, Asia, Azure Power, covid-19, company results
Global Solar Installations Reached 138.2 GW in 2020
In spite of the ongoing effect of COVID-19, a massive 138.2 GW of solar was set up in 2020, representing an 18% boost compared to 2019, locates a new report by SolarPower Europe. The study additionally found that the global collective solar capability reached 773.2 GW, surpassing 3 quarters of a terawatt for the first time ever, in 2020.
Aug 30, 2021 // Markets & Finance News, Walburga Hemetsberger, SolarPower Europe, covid-19, Michael Schmela, Aristotelis Chantavas, EPIA, European Photovoltaic Industry Association, Global Market Outlook report
iSun revenue leaps however Q2 performance affected by supply chain delays
Solar construction company iSun expects to double its profits in 2021 compared to last year in spite of supply chain delays as well as labour lacks impacting its Q2 efficiency.
Aug 25, 2021 // Markets & Finance News, EPC, financial results, mergers and acquisitions, m&a, covid-19, supply chain, company results, iSun, John Sullivan
Sunworks increased by Solcius offer as residential profits leaps
United States solar as well as storage space installer Sunworks has seen its 2nd quarter earnings rise following its acquisition of peer Solcius earlier in the year.
Aug 17, 2021 // Residential, Markets & Finance News, Rooftop PV, USA, North America, Sunworks, covid-19, sunworks inc, Solcius, Gaylon Morris
Maxeon Q2 dogged by supply chain volatility as well as manufacturing facility closures
Maxeon Solar Technologies has said it may encounter producing disruptions if it is unable to mitigate the effects of resources as well as component cost increases from its vendors.
Aug 14, 2021 // Manufacturing News, Maxeon, covid-19, Jeff Waters
SolarEdge boosted by European demand as Q2 income rises
PV inverter manufacturer SolarEdge Technologies uploaded record quarterly earnings in Q2, thanks partially to a strong performance in Europe.
Aug 3, 2021 // Residential, Markets & Finance News, Inverters, Europe, SolarEdge, covid-19
First Solar readjusts 2021 advice because of freight expenses
First Solar has lowered its earnings and also module shipment advice for 2021 as the firm remains to expect elevated shipping expenses for the remainder of the year.
Aug 2, 2021 // Markets & Finance News, First Solar, covid-19
iSun's earnings take a hit because of COVID-19 interruption
Solar contractor iSun's pre-tax revenues dropped further at the beginning of 2021 contrasted to the exact same period last year, while its gross margin took a hit because of project delays prompted by COVID-19.
May 25, 2021 // Markets & Finance News, EPC, UTILITY-SCALE SOLAR, financial results, covid-19, Jeffrey Peck, iSun, peck, solar construction
Filipino utility's 50MW solar project comes online
Commercial procedures have actually begun at a 50MW solar energy plant in the Philippines after building and construction was interfered with by the COVID-19 pandemic last year.
May 14, 2021 // Plants, Asia, Philippines, MGen, Rogelio Singson, covid-19, merlaco, powersource, solar philippines
Solarpack struck by PV project growth hold-ups in Chile as well as India
Spain's Solarpack was impacted by pandemic-related project hold-ups in Chile during a first quarter, in which it saw its internet revenue reduce 95% year-on-year to EUR300,000 (US$ 365,000).
May 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Chile, South america, Asia, Solarpack, covid-19, company results
EC gives 'much-awaited signal to re-ignite' European solar production
Europe's solar industry has actually admired the incorporation of a dedication to "re-ignite" Europe's solar production sector within the European Commission's revitalized industrial method.
May 6, 2021 // Manufacturing News, Policy, Europe, covid-19, carbon footprints
Intersolar Europe postponed till October 2021
Intersolar Europe, the continent's largest solar trade show, has been postponed once again and will currently happen in early October, event organiser Solar Promotion has verified.
Apr 28, 2021 // Markets & Finance News, Europe, Intersolar, covid-19, Markus Elsässer, pandemic
Photon Energy grows IPP portfolio, gain from 'pivotal year' in Australia
Photon Energy has reached more than 420MWp of PV projects under growth, as the Netherlands-based renewables company weathered the influences of COVID-19 on its financial efficiency last year.
Apr 19, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, IPP, Australia, Hungary, Europe, eastern europe, Oceania, photon energy, covid-19, company results
GCL-Poly warns of enormous net loss for 2020
Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings anticipates to report a bottom line for 2020 not less than RMB5.8 billion (US$ 891 million).
Mar 22, 2021 // Markets & Finance News, China, polysilicon, Asia, GCL-Poly, covid-19, p-type mono wafers
Covid-19 Impact on the UK’s Energy Consumption
The global pandemic has changed the way many of us have lived our lives. For many, that has included spending more time at home, which has led us to use more energy.
Mar 12, 2021 // Grids, UK, Europe, covid-19, Energy Consumption