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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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Alec Energy to Construct 6.5 MW Solar Rooftop Project for Dubai Hills Mall

Alec Energy will be responsible for the system design, sourcing local approvals and construction of the facility. Alec Energy, Alec Engineering and Contracting’s renewable energy unit, has signed off on a contract to construct a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction. According to […]

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Alfen to Supply 140kW Energy Storage System to Belgian Grid Operator

Alfen supplies a 140kW energy storage system that will be connected to Eandis’ logistical center. Alfen, specialist in energy solutions for the future has announced the start of a smart energy storage system for Eandis ‘logistical center in Lokeren, Belgium, that will be used to optimize self-consumption of the rooftop solar energy generation. The storage system, […]

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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […]

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41 Kerala Schools to Set Up Solar Power Unit in Premises

The schools will have to spend Rs 80,000 for setting up a 2kW solar power unit on their premises. In order to get uninterrupted power supply, around forty one government/aided schools in Kerala will set-up solar power unit in their premises by the end of the current academic year. The move is backed by Agency […]

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Leclanche Selects Nextracker’s NX Drive Energy Storage System for Various Applications

NX Drive provides a flexible, pre-engineered balance-of-system (BOS) solution for virtually any generation-plus-storage or stand-alone storage application. NEXTracker, a Flex company, has announced that Leclanche, a global integrator of energy storage, has selected NEXTracker to supply its NX Drive energy storage system (ESS) for battery solutions the company is installing at commercial and industrial businesses […]

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SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment

This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […]

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Nextera Energy Resources Advances Community Solar in Minnesota

For NextEra Energy Resources, these projects represent an initial portion of the solar gardens that they plan to bring online this year. NextEra Energy Resources has announced that during the previous four months, five new community solar gardens have been brought online in southeastern Minnesota. The solar-gardens are located as far north as Benton County […]

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SCCL to Set up First Solar Power Plant in Telangana

The SCCL authorities have decided to coordinate with the Solar Energy Corporation of India (SECI) to set up the solar power panels and start generating electricity. State-owned coal miner the Singareni Collieries Company Ltd (SCCL) is planning to set up its first solar power plant of 50 MW capacity in Ramagundam-3 division of the Godavarikhani […]

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