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Rural Electrification Corporation Posts Q4 Profit Rise of 50%

The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […]

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Enel, Enertag and Leclanche Commission 22 MW Storage System in Germany

The system, which involved a total investment of approximately 17 million euros, is supporting the stability of the German electricity network by providing frequency regulation services to the country’s Primary Control Reserve (PCR) market. Enel Green Power Germany (EGP Germany), Germany-based renewable energy company Enertag and Swiss energy storage solutions company Leclanché recently inaugurated the […]

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EVs, Batteries Can Drive Solar Rooftop Growth, Says Report

In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […]

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Zouk Capital Invest in Italian e-Mobility Firm BE Power

UK-based infrastructure and private equity investor, Zouk Capital, recently announced that it had invested in BE Power, a subsidiary of Building Energy (BE), marking the entry of the UK fund into the Italian electric mobility market. Zouk Capital has acquired a majority stake in BE Power through a capital increase. The funding will allow BE […]

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EDF & Masdar Consortium Wins 800 MW Hybrid Solar Project in Morocco

EDF, Masdar and Green of Africa Consortium has won 800 MW hybrid solar project in Morocco. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy Company – Masdar, and Green of Africa, Moroccan […]

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Growatt Receives Best Service Network Solar Inverter Company of the Year

Growatt, a leading Chinese inverter manufacturer with a substantial business platform in India has received the Best Service Network Solar Inverter Company of the Year recognition for rooftop solar at the solar conference recently held in Mumbai. Growatt has been increasing its investments in India, hiring more local sales and service engineers since early 2018. […]

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NISE Offering Programme on Prospects For Startups in Solar Sector

The programme will be held from June 10, 2019, to June 14, 2019, at the NISE campus and seats will be allotted on a first come first serve basis. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), in line with the Startup India Initiative […]

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Longi Solar Explaining the Larger Size of Mono Silicon Wafers

In recent years, PV technologies have been developing rapidly. With respect to cells, the high-efficiency PERC, bifacial cell and black silicon, technologies have moved to mass production gradually, while N-type and heterojunction technologies have obtained footholds in the market. With respect to module, the double-glass, half-cell, multi-busbar and shingled-cell technologies have evolved to large-scale production. […]

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