Page 5 - Solar
Sterling and Wilson Solar reports Rs 76 cr loss in June quarter
Sterling and Wilson Solar on Saturday reported a consolidated net loss of Rs 76.02 crore for the June quarter against a net profit of Rs 17.22 crore in the quarter ended on June 30, 2020. Total income of the company rose to Rs 1,227.20 crore in the quarter under review from Rs 1,099.38 crore in the same period a year ago, according to a regulatory filing by the company. "Other expenses during the quarter ended 30 June 2021 include forward contract cancellation charges aggregating to Rs 80.46 crores. A few of these contracts, with a corresponding cost of Rs 49.15 crores, have been re-booked during the quarter, as the corresponding revenue against such forward contracts is to be accrued in subsequent periods." About the impact of pandemic, it stated that the Management believes that the Group will continue its business in the foreseeable future, so as to be able to realise its assets and discharge its liabilities in the normal course. During the quarter ended 30 June 2021, the ...
 "Sterling and Wilson Solar reports Rs 76 cr loss in June quarter")
Rooftop solutions co MYSUN raises Rs 15cr debt funding from Tata Cleantech
The firm recently launched its solar asset vehicle MYSUN+ to develop projects under the distributed and open access models with an investment of Rs 600 cr in the first phase
 "Rooftop solutions co MYSUN raises Rs 15cr debt funding from Tata Cleantech")
No impact of repayment delay on working capital: Sterling & Wilson Solar
Promoters aim to reduce outstanding loan by Rs 1,000 crore from listing date, by December 31
 "No impact of repayment delay on working capital: Sterling & Wilson Solar")
Govt to offer Pacific island nations $150 mn credit line for climate issues
Modi underlined the reality of climate change and called for increasing the share of renewable energy in the total energy mix to mitigate many adverse effects of climate change
 "Govt to offer Pacific island nations $150 mn credit line for climate issues")
The lure of floating solar plants
Water is emerging as the new land for solar plants in India, and around the world
 "The lure of floating solar plants")
2016: A year that unlocked mysteries of our solar system
Rather than acting as a barrier to our observations, Venus' clouds may offer insight into what lies beneath
 "2016: A year that unlocked mysteries of our solar system")
Supply glut in solar panel market favours prices in India: Bridge to India
The glut is likely to continue for a year and possibly longer as China is unlikely to grow
 "Supply glut in solar panel market favours prices in India: Bridge to India")
Govt lines up over Rs 17k crore to support rooftop solar projects
The World Bank has committed a loan of $620 million
 "Govt lines up over Rs 17k crore to support rooftop solar projects")
Government plans to unveil solar zones policy in June
Land, power evacuation locations to plan the project will be provided to the developer
 "Government plans to unveil solar zones policy in June")
In a first, IWMI helps Gujarat farmers form solar cooperative
IWMI supported them financially for purchase, installation of pumps and solar panels by funding Rs 40 lakh so far
 "In a first, IWMI helps Gujarat farmers form solar cooperative")
India is the fastest-growing solar market: Sujoy Ghosh
Interview with Chief Executive Officer, First Solar India
 "India is the fastest-growing solar market: Sujoy Ghosh")
Centre offers Rs 1.9k crore for solar energy till January-end in FY16
It has set a target of adding 100 Gw of solar power by 2022, which includes 40,000 Mw from rooftop solar
 "Centre offers Rs 1.9k crore for solar energy till January-end in FY16")
Pakistani parliament becomes first in world to run entirely on solar power
The project to run parliament on solar power was launched last year when Chinese President Xi Jinping visited
 "Pakistani parliament becomes first in world to run entirely on solar power")