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Vivint beats on revenue — but losses widen in Q1 as residential solar hunkers down

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In Q1, solar installer and financier Vivint brought in $91.2 million in revenue, up a considerable 31% from the $69.4 of revenue brought in...
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PV News

Strong Q1 for First Solar, Enphase, Sunrun

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First Solar’s earnings season and there’s a clear, non-surprising theme: The first quarter was strong and largely unimpacted by the pandemic, but the second quarter...
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PV News

Wind & Solar = 11% Of Electricity Generation In January & February In USA

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The SUN DAY Campaign recently reported that 11% of US electricity generation in the months of January and February was from wind and solar power. Solar-sourced...
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PV News

First Solar earnings: strong Q1 and an uncertain 2020 guidance — like most every solar firm

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It’s solar earnings season and there’s a clear, non-surprising theme: The first quarter was strong and largely unimpacted by the pandemic, but the second...
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PV News

SunPower had a ‘solid’ Q1, finds hope for May and June after a difficult April

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It’s solar earnings season and there’s a clear, non-surprising theme: The first quarter was strong and largely unimpacted by the pandemic, but the second...
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PV News

India reduces energy intensity of economy by 20% compared to 2005

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India’s energy efficiency measures have helped it to significantly reduce the energy consumption of its economy, bringing it down by 20% compared to 2005 levels—said power minister...
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PV News

SolarEdge braced for Covid-19-related dip in record revenues

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Israeli solar inverter maker and battery storage company SolarEdge anticipates the Covid-19pandemic will wipe as much as $126 million off its revenues during the current quarter, according...
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Asia

Coronavirus lockdown speeds India’s shift from coal to solar power

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Travel restrictions to halt the spread of coronavirus are speeding the switch from coal to renewable energy in India. The world’s second largest coal consumer has seen...
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PV News

Germany deployed 1.1 GW of solar in Q1

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Germany installed 367.8 MW of new PV capacity in March, according to new figures from the Federal Network Agency (Bundesnetzagentur). This shows that, despite the...
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Asia

India added 1534 MW of rooftop solar in calendar year 2019

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India’s cumulative installed capacity of rooftop solar stood at 5440 MW as on December 31, 2019, with 1534 MW added in the calendar year 2019. Of the...
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PV News

Pakistani regulator expects solar capacity to hit 27 GW by 2047

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Pakistan’s installed PV capacity will likely increase from around 1.3 GW at the end of 2019 to 12.8 GW by 2030 and 26.9 GW...
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PV News

LCOE from large scale PV fell 4% to $50 per megawatt-hour in six months

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The cost of generating solar power has plunged low enough to threaten thermal power fleets in the world coal capital of China and fossil fuel facilities in the petrostate of...
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Romania subsidizes municipal authorities with 86% for solar power investments

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The Ministry of Energy provided EUR 28.8 million for 105 photovoltaic projects of 23.1 MW in total in almost all counties of Romania. The...
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Sungrow supplies inverters, battery system for hybrid solar park in Sweden

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One of Sweden’s first hybrid solar parks has been deployed in Halmstad. Sungrow, which provided the inverters and battery system, said it is a...
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Pertamina NRE to build solar panel assembly plant in W. Java, to be operable by 2026

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Pertamina New and Renewable Energy (Pertamina NRE), a renewable energy subholding of State energy company PT Pertamina, is currently constructing a solar panel assembly...
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Vietnam triples its clean energy goals, aims to get 16% of its power from solar

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Vietnam is revising its energy plans to focus more on large solar farms and less on reliance on coal and natural gas. The fast-growing...
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