Top Five Solar Tenders in 2022 [Infographics]
Nearly 30 GW of solar tenders were floated in 2022. Here is a curated list of top solar tenders from the year: #1 The largest tender floated in 2022 was ...
Material Shortages, Supply Disruptions Cause 13% Dip in SMA Solar’s Net Income in 1H 2022
Material shortages and supply chain disruptions negatively impacted the sales and financials of solar equipment supplier SMA Solar Technology during the first half (1H) of the financial year (FY) 2022 ...
Battery Company Solid Power Reports 360% YoY Increase in Revenue in Q2 2022
Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported revenue of $2.58 million in the second quarter (Q2) of 2022, a 360% year-over-year (YoY) growth compared to $561,000 in Q1 ...
China to Add 108 GW of Solar by the End of 2022: NEA
China's National Energy Administration (NEA) has announced that out of the 121 GW of solar projects under construction, nearly 108 GW of new solar capacity will be connected to the ...
Residential Solar Firm Sunrun’s Total Revenue Surges 48% YoY in Q1 2022
Sunrun, a U.S.-based residential solar, battery storage, and energy services company, announced financial results for the first quarter (Q1) of the calendar year (CY) 2022. The company’s total revenue in ...
India Needs Just 14 GW to Meet the 60 GW Large-Scale Solar Target by 2022
India has installed 45.6 GW of utility-scale solar capacity to date, 14.4 GW shy of meeting the government-set target of installing 60 GW by 2022, according to Mercom’s India Solar ...
Torrent Power Records a 17% YoY Increase in Revenue in FY 2022
Gujarat-based power company Torrent Power has announced the fourth quarter (Q4) and full-year financial results for the financial year (FY) 2021-22. The company recorded a revenue of ₹37.44 billion (~$484.63 ...
SunPower Records a 45% YoY Increase in Revenue in Q1 2022
SunPower Corporation, a distributed generation storage and energy services provider, announced the financial results for the first quarter (Q1) of the calendar year (CY) 2022. The company posted revenue of ...
First Solar Reports Net Loss of $43.25 Million in Q1 2022 Amid Dip in Module Sales
U.S.-based solar modules manufacturer First Solar has recorded a net loss of $43.25 million in the first quarter (Q1) of 2022 representing a quarter-over-quarter (QoQ) decline of 67.07% compared to ...
Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from Budget 2022
India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at ...
Industry Expects Energy Storage to Gain More Ground in 2022
India's renewable energy capacity is growing exponentially, driven by the ambitious target of achieving 500 GW of non-fossil energy capacity by 2030. Energy storage is expected to play a critical ...
