Canadian Solar’s Net Revenue Increased 105% to $1.43 Billion in Q2 2021
Canada-based module manufacturer Canadian Solar released its financial results for the second quarter (Q2) of 2021 and reported a 105% year-over-year (YoY) increase in its net revenue to $1.43 billion from $695.84 ...
Daily News Wrap-Up: Canadian Solar Signs PPA for a 12 MW Solar Project in Italy
Here are some noteworthy cleantech announcements of the day from around the world: Canadian Solar has signed a long-term power purchase agreement (PPA) with Axpo Italia to procure power produced from ...
Canadian Solar Reports 42% YoY Rise in Module Shipments
Canada-based solar module manufacturer Canadian Solar released its financial results for the first quarter (Q1) of 2021. The company's net revenue in Q1 2021 grew by 32% year-over-year (YoY) and ...
Daily News Wrap-Up: BP to Build Britain’s Largest Hydrogen Plant
Energy group BP aims to build Britain's largest hydrogen plant by 2030 as part of its push to boost the use of fuel and cut greenhouse gas emissions. The Teesside ...
Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020
Canadian Solar, a Canada-based solar module manufacturer, reported an 8.6% increase in net revenue with $3.47 billion in 2020 compared to $3.20 billion in 2019 owing to a 32% annual ...
Daily News Wrap-Up: Hindustan Petroleum to Set Up EV Charging Stations at Retail Outlets
Here are some significant cleantech announcements of the day from around the world: Shuchi Anant Virya, a joint venture between Lithium Urban Technologies and Fourth Partner Energy, in partnership with ...
Project Finance Brief: Lightsource bp Acquires 100 MW Solar Portfolio in Spain
From: Mercom Capital Group Innova Energy, a private equity-backed renewable energy generator, has secured £30 million (~$38.17 million) of debt funding from NatWest to finance a mixed portfolio of UK ...
Weekly News Wrap-Up: Canadian Solar Soon on Chinese Capital Markets, Freyr Energy Launches App
Canadian Solar Inc. announced that it has decided to list its business on Chinese Capital Markets. According to its press statement, the company said it would pursue a listing of its ...
NREL Scientists Achieve Six-Junction Solar Cell Efficiency of Over 47%
The scientists at the National Renewable Energy Laboratory (NREL) have developed a solar cell that has an efficiency exceeding 47%. The latest offering, which is a six-junction solar cell, now ...
Researchers Make High-Efficiency Organic Photovoltaic Small Cells on a Glass Substrate
In a significant development, Toyobo Corporation Limited, along with the French government research institute, CEA, has come up with trial organic photovoltaics (OPV) small cells on a glass substrate along ...
Canadian Solar Says it Has Achieved a Record Solar Cell Efficiency of 23.81%
Canadian Solar, a global solar module supplier, and project developer, has announced that its team of researchers has set a world record of 23.81% conversion efficiency using the n-type large ...
Znshine Solar Was the Top Module Supplier to India in 2018
Znshine Solar, a Chinese PV module manufacturer, emerged as the top module supplier to the Indian solar market in the calendar year (CY) 2018, having supplied more than a gigawatt ...
Global Module Suppliers Trina and Canadian Solar Announce World Record Efficiencies
Global PV company Trina Solar has announced that its state key laboratory of PV science and technology in China has set a new world record of achieving high efficiency of 24.58% ...
Canadian Solar Secures $50 Million Term Loan from Credit Suisse
Canadian Solar has secured a $50 million term loan from Credit Suisse. Canadian Solar intends to deploy the term loan to support the development of international solar project pipeline and for ...
Module Supplier Canadian Solar Gets $48 Million Credit Expansion
Canadian Solar Projects K.K, a wholly-owned subsidiary of module supplier Canadian Solar has announced the renewal of a credit facility. The credit facility has been made available through a syndicate ...
16 Companies Pre-Qualified for 500 MW of Solar Projects to be Developed in Tunisia
Tunisia has released a list consisting of 16 bidders in total for the development of 500 MW of solar projects across the country. The following companies have been pre-qualified by ...
Canadian Solar Completes Purchase of 30 MW of Solar Projects in Telangana from Suzlon
Canadian Solar, a global module supplier and solar project developer, has announced that it has acquired remaining 51 percent stake in two solar power projects from Suzlon Energy, a leading wind ...
Canadian Solar Withdraws Proposal to Go Private
Solar module manufacturer, Canadian Solar has announced that its chief executive officer Dr. Shawn Qu has withdrawn his bid to take the company private after a special committee established by ...
Solar Projects Totaling 127 MW Commissioned This Week
Utility scale solar projects totaling 127 MW have been commissioned across three Indian states by three large-scale project developers during the third week of May. The projects are located in ...
Canadian Solar Sells 80 MW Solar Project in Maharashtra, India
Canadian Solar, a global module supplier and solar project developer, has sold its 80 MW (108 MW DC) grid-connected solar project in Maharashtra. The sale of the project by Canadian ...
Solar Tariffs in DCR Auctions Decline by 35 Percent in a Year
The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, ...
BREAKING: Azure Power Wins NTPC’s 250 MW DCR Solar Auction with a Low Bid of ₹3.14/kWh
Azure Power has emerged as the lowest (L1) bidder in the recently conducted 250 MW solar auction. The project will be developed under the domestic content requirement (DCR) category. Azure ...
Trina Solar was the Top Solar Module Supplier to India as of the Second Quarter of 2017
The Indian solar dream is being fueled to a large extent by solar imports, with majority of solar panels coming to India from Chinese companies. Trina Solar was the single ...
Mercom Exclusive: Pent Up Demand for Projects Results in Record Low Bid of Rs.3.15/kWh at the Kadapa Solar Auction in India
The solar tariff in India hit a new low with Solairedirect’s winning bid of Rs.3.15 (~$0.0487)/kWh, which was 4.5 percent lower than the Rs.3.30 (~$0.0494)/kWh (levelized over 25 years) quoted ...
Canadian Solar Signs PPA with SECI for 80 MW of Solar in Maharashtra
Canadian Solar, a vertically-integrated manufacturer of silicon ingots, wafers and PV cells and modules, and the Solar Energy Corporation of India (SECI) have signed power purchase agreement (PPA) for solar ...
