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Electricity Market

Solis Conferred With Best Power Conversion System Supplier Award

Ginlong Technologies (Solis), a global leader in solar photovoltaic string inverter manufacturing, has won the ‘Best PCS Supplier Award’ in China’s energy storage industry 2020 at the 10th China International Energy Storage Conference in Shenzhen. “We are honoured to have won this award, which is the market’s recognition of Solis’ products,” said Sandy Woodward, Sales […]

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MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations

In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […]

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EBRD to Support Largest Renewable Energy Project in Greece

Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […]

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Nextracker’s Bifacial Solution Selected for Largest Solar Plant in Australia

Nextracker has announced that its solar tracker technology has been chosen for the largest solar plant in Australia, a 460 MWp project in Queensland Nextracker, a flex company, has announced that its solar tracker technology, NX Horizon has been chosen for the largest solar plant in Australia, a 460 megawatt-peak (MWp) installation in Queensland’s Western […]

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Dutch Development Bank FMO Invests $5 Million in Husk Power

Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […]

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Indian Oil Powers up Rooftop Solar Plant at Northern Regional Office

The Indian Oil Corporation has announced that its northern regional office in the national capital has commissioned a 50 kW rooftop solar power plant. The Indian Oil Corporation (IOCL) has announced that its northern regional office in the national capital has commissioned a 50-kilowatt (kW) rooftop solar power plant to electrify the building. “The solar plant has 150 solar panels of 335 […]

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Eos Energy Storage Expands Battery Deployments in Nigeria

Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […]

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Need for Decreasing Energy Consumption Driving Demand for Smart Solar Solutions

The focus on renewable energy resources has risen considerably over the years. With the condition of the environment worsening day by day due to the excessive utilization of fossil fuels for energy generation, governments of different countries are now paying attention to renewable energy resources. Moreover, the population across the globe has been increasing at […]

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Mitsubishi Electric Receives S-EIV Order from MTR in Hong Kong

Mitsubishi Electric has received an order from MTR Corporation in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems Mitsubishi Electric (Hong Kong) Limited has announced that it has received an order from MTR Corporation Ltd (MTR) in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems, which enable surplus regenerative energy that […]

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