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Electricity Market

More Than 100 GW of 1500V Solar Inverters to Be Shipped in Next 2 Years

According to a new report, more than 100 GW of 1500V solar inverters are expected to be shipped in the next 2 years. A new report by consultancy firm IHS Market predicts that having grown from just 2 GW of shipments in 2016 to surpass the 30 GW milestone in 2018, 1500V inverters will continue […]

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Risen Energy Begins Work on 117 MW Mexico Solar Project

With a total installed capacity of 117MW, the facility is expected to supply 269,068 MWh of green electricity to Mexico annually. Chinese Solar Module Manufacturer, Risen Energy has initiated work on its 117 MW solar park in Mexico, the company has issued in a statement. This marks the solar panel maker’s formal entry into the build-out […]

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JinkoSolar builds momentum for Transition to Mono PERC Modules in India

JinkoSolar claims to have repositioned itself as a premium market leader in India, especially in the mono PERC technology segment. China-based JinkoSolar has posted its best quarterly result ever in India, with sales performing positively in Q4, delivering close to 160 MW panels. The company says it has achieved a 24% market share in the […]

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EESL & BRPL to Launch Super-Efficient Air Conditioning Programme

EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […]

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Wish List for The Final 2019 Budget

In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […]

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World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond

The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […]

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NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia

The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt

The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […]

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