Solar Industry

500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie

UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […]

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NTPC Floats Tender For O&M Of Up To 50 MW Solar Projects

India’s largest power producer, state-owned NTPC has floated a tender inviting bids from the prospective vendors to operate and maintain up to 50 MW solar projects. Operation and maintenance has been defined in the floated tender as prevention of breakdown, maintenance following a breakdown and overhauls extending to normal housekeeping, cleaning etc. The NTPC will […]

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MPPMCL Issues Tender for Carbon Credits From Solar Rooftop in Madhya Pradesh

Madhya Pradesh Power Management Company Limited (MPPMCL) has floated an e-tender for trending carbon credits from solar rooftop projects in Madhya Pradesh. This tender has included the appointment of consultants for validation, registration, verification, issuance, and trading of carbon credits from solar rooftop projects. The interested bidder can participate in the bidding process through an […]

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Gujarat Urja Vikas Issues 750 MW Solar Tender Through Competitive Bidding

Gujarat Urja Vikas Nigam Ltd (GUVNL) has floated a tender for a 750 MW solar power project through competitive bidding process.  The last date for submitting the online bid is August 23, 2022, till 5:00 pm and for the offline bid is August 25, 2022, at 05:00 pm. Bids will be opened on August 26, […]

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MSEDCL Issues Tender for Supply of 500 MW Solar Power Under PM KUSUM

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited the bids for a cumulative 500 MW (AC) solar power from the de-centralised solar project under the PM-KUSUM Yojna Component-C. This project will be developed in the Maharashtra state. The last date to submit bids of this 500 MW tender is July 29, 2022, till 04:00 […]

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Clean Capital Acquires 100% Stake in BQ Energy

New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQE’s long-term projects. Additionally, Clean Capital will invest in initiatives that […]

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Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021

China-based Solar Inverter manufacturer, Sungrow shipped 47.1 GW of products in 2021 to become the global leader. Not only that, but they also expanded their production facilities across Asia in 2021. Sungrow has a 10 GW manufacturing facility in Bengaluru, that was recently expanded, besides another 10 GW plant in Thailand. The top 10 global […]

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US Solar Firms Form Consortium To Spend $6 Billion To Support Domestic Industry, Supply Chain

A number of solar power project developers in the USA have joined hands to spend approximately $6 billion for the supply chain expansion of solar power panels. The AES Corporation, Clearway Energy Group, Cypress Creek Renewables and D.E. Shaw Renewable Investments (DESRI), have announced the formation of the ‘US Solar Buyer Consortium’ to supplement the […]

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