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Electricity Market

News in Brief May 6 – US Wind Generation Drop, Engie, Sungrow in Africa

Sungrow Sings Pact With Two South African Firms  Global inverter and energy storage company Sungrow has signed an agreement with two South African distribution companies to increase its footprint in the African market. This included its agreement with Herholdt’s and ARB.  The global company said the attempt would solidify its presence in South Africa’s renewable energy sector. […]

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Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER

A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […]

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EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER

EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […]

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Area Sales Manager, Power Generation (South Asia & Southeast Asia)

Overall business development and the direct sale of new turbomachinery systems, construction services and associated aftermarket services for Power Generation application covering key countries from South Asia & Southeast Asia region. This is a key position which is critical to the company in achieving its business objectives and it has significant sales and territory responsibility. […]

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Growatt Puts Spotlight On Solar Plus Energy Storage For Myanmar

Leading inverter maker Growatt hosted an event in Myanmar recently centered on solar energy storage. With a comprehensive showcase of Growatt’s latest advancements across residential and commercial sectors , Growatt emphasized its tailored solar solutions for Myanmar. However, with abundant solar resources, Myanmar has been actively embracing solar energy solutions to tackle the challenges and […]

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Polysilicon Makers Signal Tough Times, Count On N-Type Dominance

With Chinese polysilicon major Daqo New Energy announcing its Q1 results, the picture from a clutch of leading polysilicon makers has cleared a bit. For starters, prices are unlikely to go up significantly, pointing to a period of relative stability at best, or slight increases in eventual solar module costs. Among Daqo New Energy, OCI […]

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Jinko Solar Q1 Results-Module Shipments at 19.9 GW, Down 21% QoQ

JinkoSolar Holding Co., Ltd, one of the largest integrated solar module manufacturers in the world, has  announced its unaudited financial results for the first quarter ended March 31, 2024. Till 2023 end, JinkoSolar was also the leading Chinese module supplier to the Indian market. First Quarter 2024 Business Highlights Module shipments increased 53.3% year-over-year to […]

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Neoen To Build Stage 2 of 341MW/1363 MWh Collie Battery In Australia

French Renewable Energy company Neoen has been awarded a 300 MW/ 4-hour capacity services contract by the Australian Energy Market Operator (AEMO) in a competitive tender initiated by the Western Australian Coordinator of Energy. The service will be delivered by Stage 2 of Collie Battery sized at 341 MW / 1,363 MWh and consisting of […]

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Renewable Power Capital Inks Deal With P&G For 140 MW Sweden Wind Farm

Renewable Power Capital (RPC) and Procter & Gamble have signed a 10-year Power Purchase Agreement (PPA) for more than 90% of the electricity generated by the 140MW Sörlidberget onshore wind farm in Sweden, corresponding to an expected 400 GWh per annum of green electricity. According to Renewable Power Capital, Sörlidberget forms part of RPC’s 553MW […]

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