SUBSCRIBE NEWS LETTER

China

LONGi Solar Partners with Krannich Solar To Jointly Serve Indian PV Market

China’s high-efficiency mono-crystalline solar cells and modules producer LONGi Solar has announced a new partnership with Krannich Solar, a Germany-headquartered PV modules wholesaler. This partnership has been established for the expansion of their relationship in India. The companies claim that their collaboration is in line with their vision to exchange each other’s expertise and jointly […]

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Denmark Leads in Share of RE Production, India Yet To Break Into Top 15

Wind and solar produced 2,435 TWh of electricity in 2020, providing almost a tenth of the world’s electricity. While European countries like Denmark, Ireland, and Germany are leading among the world’s top 15 producers, India is not part of his group. Even though India’s renewable energy capacity is being added to each year, with the […]

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R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment

In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on  self reliance in renewable energy manufacturing organised by the Confederation […]

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Zhongnan Group Starts Construction of a New 5 GW Solar Factory

The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […]

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US Energy Secretary Talks Up 90% Reduction In Storage Costs by 2030

US Energy secretary Jennifer Granholm has indicated a target to reduce grid scale energy storage costs by 90 percent by 2030, to create conditions for the amount of storage that will be required by then to ensure stable grids and make the best use of renewable energy production by then. She was speaking as part […]

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Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026

A research report published by Global Industry Analysts Inc., (GIA) makes the prediction that the global solar lighting market will reach $11.2 billion by 2026. The global market for Solar Lighting Systems is estimated at US $ 5.5 Billion in the year 2020. Thus, the revised size of US$11.2 Billion by 2026 will entail growing […]

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GoodWe To Expand Residential Inverter Production, Received Order of 5000 units

The Chinese solar PV inverter manufacturer GoodWe has today announced that it has received an order of 5,000 residential inverter units from the Germany-headquartered photovoltaic distributor, Krannich Solar. Hence, the firm will have to ramp up its residential inverter production. With the COVID-19 situation easing across various states, EPC and installers have resumed their projects […]

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JinkoSolar’s Modules Break Records with 23.53% Highest Conversion Efficiency

JinkoSolar Holding Co. Ltd., the Chinese solar module manufacturer today announced that the maximum solar conversion efficiency of its advanced high-efficiency solar module reached 23.53% and has outperformed the previous record of 23.01%, also set by JinkoSolar, in January 2021. The result was independently tested and confirmed by TÜV Rheinland, one of the world’s leading […]

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Woodmac Predicts Low Solar Achievement Rates for India By 2030

Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030.   China To Remain Leader   Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […]

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