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Chinese Module Majors Feel The Pinch From Module Price Drop

As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […]

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Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024

Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call.  In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […]

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SMA Solar Profits From The Sun, Order Book At €2 billion On September 30

German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […]

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Servotech Introduces Subsidiary Delving in EV CPO Business

Servotech Power Systems Ltd, India’s premier EV charger manufacturer, has declared the creation of its wholly owned subsidiary, Servotech EV Infra Pvt. Ltd. to foray into the EV Charge Point Operator business. The subsidiary will act as a CPO and install EV charging stations across India. Servotech EV Infra Pvt. Ltd. aims to establish 5000 […]

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Top 5 Reasons Why Solid State Batteries Are Just Around The Corner

Electric Vehicles (EVs) across the world are now seeing wider adoption. A 2023 report from the International Energy Institute (IEA) states that in 2022 alone, the world saw sales of around 10 million electric cars. The advent of Lithium-ion batteries gave a fillip to the industry with its energy density and recharging virtues. However, even […]

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Hithium & Perfect Power Join Forces for 1 GWh Energy Storage

Manufacturer of stationary energy storage products for large-scale energy project developers as well and commercial and industrial sector, Hithium has forged a partnership with energy storage project developer Perfect Power LLC. The agreement was signed at Hithium’s headoffice located in China. The agreement will pave the way for Hithium to supply battery products of 1 […]

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Canadian Solar Sets Sights on 5 GW Wafer Unit in Thailand

Solar manufacturer Canadian Solar is set to introduce a 5 GW solar wafer production unit in Chonburi, Thailand. The manufacturing facility, which will boast N-type wafer, will be operational by next year in March. In 2024, it will supply to the TOPCon cell manufacturing unit in Thailand. Later, by year 2025, the wafers will be […]

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EU, US Frontrunners In Offshore Wind Patents: IRENA Report

A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […]

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CATL and Quinbrook In Agreement for 10 GWh Stationary Battery Energy Storage Systems

CATL and Quinbrook have announced the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years,underlining their focus on using advanced storage solutions to meet energy transition goals. The long-term partnership includes the design, optimization, and supply of the most […]

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