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Trina Solar Wins First 100MW+ Contract in India for its New Vertex Bifacial Modules

Trina Solar Co Ltd, a leading provider of integrated photovoltaic (PV) modules and smart energy solutions, has won a contract from Noida-headquartered SunSource Energy to supply 105 MW of its new Vertex modules. This is the first 100 MW plus contract in India for the company’s Vertex bifacial modules, and it is likely to start […]

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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […]

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All 102 Turbines Installed at 714 MW East Anglia ONE Offshore Wind Farm

ScottishPower Renewables and Macquarie’s GIG have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore wind farm ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have announced that they have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore windfarm – […]

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Offshore Wind Energy Major Ørsted Posts Strong Q1 Numbers

Ørsted has released its interim report for Q1 2020, reporting an operating profit of DKK 6.8 billion up 33 percent over the same quarter last year. Global offshore wind energy leader, Ørsted has released its interim report for the first quarter (Q1) of 2020. The firm has reported an operating profit (EBITDA) of DKK 6.8 […]

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EV Charging Startup Gets Backing of Siemens, Soros Fund Management

Electric Vehicle (EV) charging startup Amply Power has secured USD 13.2 million in Series A funding from investors including Siemens Financial Services and Soros Fund Management to advance its services for commercial fleets. The company, founded by serial entrepreneur Vic Shao, helps commercial fleet operators to go electric by providing EV charging infrastructure with fixed […]

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Residential Solar. Market Yes, But Marketing?

Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […]

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Is Solar Market At Risk of Shutting Out Competition?

With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […]

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Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb

The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […]

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After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant

Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […]

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