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The world is going to witness a rare astronomical event on Thursday - a <keyword id="1925950" type="General" weightage="20" keywordseo="hybrid-solar-eclipse" source="Orion">hybrid solar eclipse</keyword>. It takes place when a total eclipse and the annular solar eclipse occur at the same time. An eclipse occurs when the moon passes between the Earth and the Sun, casting a shadow on the Earth's surface. Here's everything you need to know about today's hybrid solar eclipse. 1. What is a hybrid solar eclipse? A hybrid solar eclipse is a rare type of eclipse that occurs only a few times per century. As per NASA, hybrid eclipses shift from annular to total due to our planet's curve. 2. How it is different from a total eclipse? A total eclipse occurs when the moon completely obscures the sun, whereas an annular eclipse occurs when the moon obscures the sun but appears smaller, leaving the outline of a solar ring and the rare hybrid eclipse takes place when both occur at the same time. 3. Where will it be visible? According to NASA, on April 20, skywatchers in Australia and parts of southeast Asia will be able to view a hybrid solar eclipse as it passes over the Indian and Pacific Oceans. Unfortunately, the hybrid solar eclipse will not be visible in India. 4. Time to Watch the solar eclipse? In Western Australia the eclipse will be visible from 10:29 pm to 10:35 pm EDT on April 19 (2:29 to 2:35 GMT, April 20), in East Timor from 11:19 pm to 11:22 pm EDT on April 19 (3:19 to 3:22 GMT, April 20) and in Indonesia from 11:23 pm to 11:58 pm EDT on April 19 (3:23 to 3:58 GMT, April 20). 5. When will the next solar eclipse be visible? The next Eclipse (Partial) will be visible in India on August 2, 2027 (not visible in Odisha) and the next annular solar eclipse will occur in 2031. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/unpaid-subsidies-worth-1200-crore-leading-to-serious-liquidity-crisis-among-ev-makers-says-industry-body/articleshow/99589401.cms">Unpaid subsidies worth ₹1,200 crore leading to ‘serious liquidity crisis’ among EV makers, says industry body</a> <a href="https://www.businessinsider.in/careers/news/top-10-great-place-to-work-in-india-as-per-linkedin/slidelist/99606287.cms">Looking for a great place to work? Here are India’s most coveted companies</a> <a href="https://www.businessinsider.in/business/auto/news/tata-altroz-icng-with-twin-cylinder-cng-technology-launched-in-india/slidelist/99613726.cms">Tata Altroz iCNG with twin-cylinder technology and hi-tech features debuts in India</a>

Five frequently asked questions on hybrid solar eclipse, answered

<ul class="summary-list"><li><keyword id="10247917" type="UNKNOWN" weightage="60" keywordseo="powerhome-solar">Powerhome Solar</keyword>, a fast-growing <keyword id="45681" type="TECHNOLOGY" weightage="60" keywordseo="Solar">solar</keyword> company in the US, has been <a href="https://www.businessinsider.com/powerhome-solar-misleads-customers-insiders-leaked-memos-suggest-2020-10">accused in lawsuits of misleading customers into buying solar-energy systems</a>.</li><li>The company has <a href="https://www.businessinsider.com/powerhome-solar-misleads-customers-insiders-leaked-memos-suggest-2020-10">exhibited a pattern of inflating the benefits of its products</a>, interviews with a dozen current and former employees, a review of legal records, and internal documents suggest.</li><li>A Powerhome representative said in a statement that the company would never allow its employees to engage in misleading sales practices.</li></ul>For years Jim and Beth Rickenbaugh had resisted putting <keyword id="6356941" type="UNKNOWN" weightage="60" keywordseo="solar-panels">solar panels</keyword> on top of their brick home in Charlotte, North Carolina. They wanted to wipe out their utility bill, but the price seemed too steep.Then, in late 2016, the couple came across a deal they felt they couldn't refuse.A salesman from Powerhome Solar visited their home and offered them a solar-<keyword id="6357014" type="ORGANIZATION" weightage="100" keywordseo="energy">energy</keyword> system for no upfront cost that he said would nearly erase their utility bill, according to the Rickenbaughs. They'd just have to make monthly payments for the panels that would be no more than the savings on their electricity bill from Duke Energy, they said.In 2017, the Rickenbaughs signed up, agreeing to pay more than $15,000 for their system. Then they waited for their bill to plummet. <a href="https://www.businessinsider.com/powerhome-solar-misleads-customers-insiders-leaked-memos-suggest-2020-10">It didn't.</a>In the months after the panels were installed, the energy savings were "a fraction" of those promised by the sales rep, according to a complaint in a class-action lawsuit the Rickenbaughs filed against Powerhome last year.Now the couple say <a href="https://www.businessinsider.com/powerhome-solar-misleads-customers-insiders-leaked-memos-suggest-2020-10">they're stuck with two pricey bills</a> — one for the panels, and one for electricity from Duke Energy."Power Home's executives designed its sales process to intentionally mislead customers into believing they would experience a guaranteed drop in their energy bills," the complaint says.The Rickenbaughs are not the only ones complaining. A review of additional legal records, interviews with 12 current and former employees, and <a href="https://www.businessinsider.com/powerhome-solar-misleads-customers-insiders-leaked-memos-suggest-2020-10">internal company documents we obtained reveal additional accusations of misleading sales practices</a> at Powerhome Solar. We also found suits alleging misleading sales practices that were filed against ISI Alarms NC, an alarm company that was run by Powerhome's founding CEO, William Jayson Waller."Powerhome Solar's sales and marketing teams are provided comprehensive training (and continuing training and education) as to proper execution of their responsibilities, and POWERHOME SOLAR has robust compliance protocols and policies to ensure that all their efforts comply with applicable requirements," the spokesperson said.<h3><a href="https://www.businessinsider.com/powerhome-solar-misleads-customers-insiders-leaked-memos-suggest-2020-10">Our full story on Powerhome Solar is available here exclusively to Business Insider subscribers. </a></h3>

How a major solar company uses misleading tactics to sell energy systems that can cost $40,000 or more, according to insiders, legal claims, and leaked memos

<keyword id="358452" type="COMPANY" weightage="60" keywordseo="First-Solar">First Solar</keyword> shares are up 18.75% after the largest <keyword id="45681" type="UNKNOWN" weightage="60" keywordseo="Solar">solar</keyword> panel manufacturer in the U.S. <a href="http://investor.firstsolar.com/releasedetail.cfm?ReleaseID=803279">crushed</a> earnings forecast.
The company reported adjusted earnings per share of $2.28, compared with $0.99 expected. Unadjusted earnings came in at $1.94/share.
Net sales were $1.3 billion in the quarter, up 74% from Q2 and from the prior quarter and 204% from Q3 2012.
Here's the chart:
<div class="KonaFilter image-container display-table"><div><div class="image on-image">Yahoo</div></div></div>

First Solar Shares Are Going Totally Nuts

<div class="image-container display-table float_right"><div><div class="image">VivintTodd Pederson, CEO of Vivint</div></div></div>Things are getting a little feisty in the world of residential <keyword id="45681" type="UNKNOWN" weightage="60" keywordseo="Solar">solar</keyword> installation.
Todd Pederson, CEO of solar installer Vivint, had some harsh words for rival <keyword id="411133" type="COMPANY" weightage="60" keywordseo="SolarCity">SolarCity</keyword> when I spoke to him on the phone last week.
He says SolarCity is constantly trying to poach his employees because it has no idea how to cost-effectively acquire customers and build out a big national solar business. 
Pederson is one of the more interesting executives that we've come across. He started off selling pest control out of a trailer in Arizona. After doing pest control sales for a few years, he pivoted into home security. From there, he started doing home automation.
Today, Vivint is working on solar installation, wireless internet, home automation, and much more. Blackstone paid $2 billion for Vivint in 2012. 
Both SolarCity and Vivint do solar insallation. That is, installing solar panels on people's homes, and wiring up the systems. 
Over the phone, we asked Pederson how he feels about going up against Elon Musk's solar company. 
Here's his full response:
We've got to where SolarCity took 8 years to get to in 2.
Elon Musk's cousin, whatever his name is, Lyndon or whatever, he spends his entire day doing what? Recruiting Vivant's sales guys. I'm not joking. Every day, day in, day out, trying to recruit our people away from us. Because all they know how to do is raise capital and run a company.
What we know how to do? Customer acquisition, field service expertise, installation of equipment, integration of services. They don't know how to do - this is not what they're good at - literally I laugh, this is the biggest form of flattery.
We've never tried to recruit one SolarCity person. We don't need to. We're incredible at recruiting, training, sales people, providing incredible service for our consumers. We dominate on SolarCity at that stuff. I'm not even kidding.
So, yesterday, five people are flying out to meet with Lyndon and Elon Musk and hear their stories. I'm like, "Sweet!" I've got the largest solar company - who knows what Elon's considered, everything to every one? - recruiting my employees. That's pretty awesome.
They realize that we're the best in the industry at residential solar. Or else they wouldn't be hiring my people, trying to hire my people - they're going to get a few.
I'm not afraid of Elon Musk and SolarCity. I'm telling you right now, we will pass them up. We have 800,000 customers on a platform, they have 85. We have a sales force that dwarfs their sales force.
We have a nationwide footprint for field service and technical service. They have a teeny little, probably 15% of field service coverage in the U.S., we have 98%. We're a substantially larger company, not by market cap, but by size, true capable size. So, [SolarCity is] no problem. 
Pederson added later in our conversation:
If they wanted me to hire and train people for them, I'd do it for them, I'm that nice of a guy...
We fired our president of solar six months ago, he went to work there. Instead of trying to figure out how to do it themselves, they're just hiring our sales managers, which is fine...
Obviously, we're better at customer acquisition and targeted sales acquisition than they are. 
The solar business is so big and so massive, it doesn't really matter. It's less than 3% of penetration in the residential market. They'll probably be big, we'll just be bigger is the bottom line. 
In response to Pederson's comments, SolarCity gave us the following comment:
This is a small industry. We compete, but we don't take shots at our competitors. We all share the same goal-more clean energy, and the good thing is that whatever competition we inspire in one another will further that cause.

SOLAR WAR: CEO Of Upstart Solar Company Vivint Takes A Huge Shot At Elon Musk's SolarCity

<div class="KonaFilter image-container float_right"><div class="image on-image"><a href="http://www.ivanpahsolar.com/virtualtour/">Ivanpah</a></div></div><keyword id="358452" type="COMPANY" weightage="60" keywordseo="First-Solar">First Solar</keyword> shares are up 7.6% this morning for no obvious reason.
<a href="https://twitter.com/juleshyman/status/392289890710212608">Bloomberg's Julie Hyman</a> noted the stock has the 13th largest short interest as a percentage of float in the S&amp;P 500. In other words, there are a lot of people betting against the company.
On Thursday, the company <a href="http://news.investors.com/technology/101613-675347-first-solar-to-build-plant-for-nextera.htm">announced</a> it was building a 250-megawatt <keyword id="45681" type="UNKNOWN" weightage="60" keywordseo="Solar">solar</keyword> farm in Riverside, Calif. for power plant developer NextEra.
First Solar has climbed more than 56% YTD and 110% over the past 12 months.

First Solar Shares Are Surging

<ul><li><keyword id="44734" type="ORGANIZATION" weightage="20" keywordseo="Indian-Government">Indian government</keyword> had set a target to achieve 100 GW solar energy by 2022. However, a Crisil report said that India can achieve 70-80% of its aim. </li><li>India will need to create a platform for domestic manufacturing along with favourable policies. </li><li>India recently imposed 25% safeguard duty on imports from China and Malaysia, which also hurt Indian manufacturers. </li></ul>The Indian <keyword id="163297" type="PERSON" weightage="20" keywordseo="solar-industry">solar industry</keyword> has been shining bright over the years with the government pre-achieving its initial target of 20 GW solar energy by 2022. Now, even with a renewed target of 100 GW by 2022, it is looking increasingly unlikely the country will hit the number unless the government steps up efforts. According to a recent <a href="https://www.livemint.com/Industry/HEugjBRI2zsNDyVzB2E1kJ/India-may-not-reach-100GW-solar-power-target-by-2022-Crisil.html">Crisil report</a>, if India wants to head towards the 100 GW goal, it has to bring in policies in the <keyword id="7190005" type="UNKNOWN" weightage="20" keywordseo="interim-budget-2019">Interim Budget 2019</keyword> that will change the fate of the solar industry. Thus far, the industry has seen a favourable push by the Indian government such as the development of solar parks. But also faced setbacks with an added <a href="https://economictimes.indiatimes.com/industry/energy/power/sc-lifts-stay-on-safeguard-duty-on-solar-imports/articleshow/65759673.cms">safeguard duty</a> on solar panels imported from China and Malaysia, which is adding to the costs of the manufacturers. Platform for domestic manufacturing Specifically, India will need to reduce import duties or push the growth of manufacturing in India of solar equipment, to boost growth. “The decrease in import of solar equipment will only be possible if domestic manufacturers are given a platform, through subsidies and schemes that allow us to showcase our capabilities compete with the global best. Currently, most solar manufacturers in India have to channel their focus on competing with low quality imports at unsustainable prices, said Sunil Rathi, Director, Waaree Energies. China’s dominance in the manufacturing of solar modules has resulted in many Indian manufacturers depending on them for the implementation of solar projects in India. <a href="https://www.chinabusinessreview.com/how-china-is-forging-a-new-global-clean-energy-landscape/">In 2017, </a>Chinese solar manufacturers alone were responsible for 68% of global solar cell production and more than 70% of the world’s production of solar panels or modules. “The required financial support will help, as most solar cells are imported, adding to the manufacturers’ costs,” said Rathi. Reduced taxes Experts believe that the upcoming Interim Budget will be crucial, as it not only would help manufacturers to gauge the support that the Government plans give the sector, but also understand how it envisions the way forward for the industry. “We hope that the government continues to focus on reducing the corporate tax rate to help the country move towards a lower tax regime,” said Andrew Hines, Co-Founder, CleanMax Solar. Taxes and duties remaining stable is a big hope from Indian players. “A universal anti-dumping policy and a more stringent safeguard duty would curb an influx of low quality products, and also instil confidence within the sector,” said Rathi. Rathi added that the recent proposal regarding the Bureau of Indian Standards (BIS) Certification has been welcomed by the solar industry and will ensure quality raw materials are made available to manufacturers. It is likely to also attract more investment from players, both national and international. Rooftop solar capacity According to a report by <a href="https://bridgetoindia.com/wp-content/uploads/2019/01/BRIDGE-TO-INDIA-India-RE-Outlook-2019-1.pdf">Bridge to India</a>, the rooftop solar capacity addition in India is projected to be 2,368 GW in 2019, 49% higher than in 2018. To expand the rooftop industry to other customer segments, Hines believes that incentives could be more productively redirected to the residential and MSME segments. This could help develop those segments that are nonexistent today but have huge potential. “A transparent and consumer-friendly feed-in-tariff for residential consumers would be a great way to spur growth in this segment, but the policy should be well thought through to be effective,” said Hines. With India taking the lead along with France in the <a href="https://www.thebetterindia.com/160476/india-france-modi-solar-alliance-news/">International Solar Alliance</a>, an alliance of more than 121 countries, the government will have to make way for growth by bringing forward policies the industry wants for progress. See Also: <a href="https://www.businessinsider.in/if-indias-solar-energy-is-cheaper-than-coal-why-isnt-the-industry-thriving/articleshow/65605221.cms">If India’s solar energy is cheaper than coal, why isn’t the industry thriving?</a> <a href="https://www.businessinsider.in/indias-solar-installations-see-a-big-drop-after-years-of-strong-growth/articleshow/67121559.cms">India's solar installations see a big drop after years of strong growth</a> <a href="https://www.businessinsider.in/niti-aayog-india-renewable-energy/articleshow/52359002.cms">Niti Aayog to promote India as renewable energy hub, output to be hiked fourfold</a>

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Five frequently asked questions on hybrid solar eclipse, answered

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How a major solar company uses misleading tactics to sell energy systems that can cost $40,000 or more, according to insiders, legal claims, and leaked memos

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