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Aalborg CSP Buys Unique PTES Technology from Arcon-Sunmark

Aalborg CSP, a Danish renewable and energy storage specialist, has acquired all rights and patents for the unique Pit Thermal Energy Storage (PTES) technology from Arcon-Sunmark A/S, a solar energy equipment supplier in the country. Now, this patented unique PTES technology, including a unique lid design, will be continued by Aalborg CSP for its global […]

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Mitsubishi to Buy Sharp Factory to Expand EV Power Device Biz

With an aim to tap the rising market demand for power devices used in the electric vehicles (EV) sector, Japanese electronics giant Mitsubishi Electric Corporation has entered into an agreement with Sharp Corporation to acquire land and buildings from Sharp Fukuyama Semiconductor Co Ltd. Sharp Fukuyama Semiconductor is a wholly-owned subsidiary of Sharp Corporation which […]

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US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report

The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […]

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Vestas Wins Turbine Order in Poland and Service Agreements in Australia

Vestas has announced two new orders. The first for 36 MW wind turbines in Poland, and second a service order for Senvion turbines in Australia.   Onshore wind major, Vestas has announced that it has won its fourth order from the latest Polish auction round for a total order intake of more than 350 MW. […]

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Trina Becomes 1st Solar Manufacturer to be listed on China’s Nasdaq; Issues First A-Shares

Trina Solar Co Ltd, a leading provider of integrated photovoltaic (PV) modules and smart energy solutions, has become the first Chinese solar products manufacturer to trade on the Shanghai Stock Exchange Science and Technology Innovation Board (or Shanghai Sci-Tech Innovation Board). Shanghai Stock Exchange’s Sci-Tech Innovation Board has also been dubbed as the Nasdaq of China […]

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Neoen Builds Nordics’ Largest Battery Storage Unit in Finland

Neoen has announced the construction in Finland of the Yllikkälä Power Reserve One, a new 30 MW battery storage plant with a storage capacity of 30 MWh. Neoen, one of the world’s leading independent producers of exclusively renewable energy, has announced the construction in Finland of the Yllikkälä Power Reserve One, a new 30 MW […]

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Covid, Consumer Focus Lead to ‘Regressive’ HERC Tariff Order for 2020-21

In its tariff order for the year 2020-21, the order of the Haryana Electricity Regulatory Comission throws up some issues which will be watched very carefully from here on. For the solar and broader renewable energy sector of course, the most serious hit is the waiver of the state’s RPO (Renewable Purchase Obligation) backlog till […]

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CRISIL Report on The New Power Couple in Town

As the government continues to focus on increasing the share of renewable energy in the country, nearly 15,000 MW of wind-solar hybrid capacity is expected to come up over the next five years, a new report by CRISIL has revealed. Out of this 15,000 MW, works on nearly 10,000 MW are already either under construction or […]

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Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report

As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritise clean energy in economic recovery […]

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