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PV industry

Saudi Arabia Indexes Bidders for First Solar Power Venture

Saudi Arabia, the world’s biggest oil exporter, has hoped to expand far from the asset and has focused on creating 3.45 gigawatts of the sustainable power source by 2020. Saudi Arabia has indexed bids by Acwa Power and a consortium drove by Marubeni to build up the kingdom’s first historically speaking solar power venture as […]

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Gyanesh Chaudhary appointed as Chairman in Renewable Energy Storage Division of IEEMA

In his new role, Chaudhary will lead divisional work and activities benefiting the overall fraternity of the RE, storage and allied industry. Gyanesh Chaudhary, MD and CEO, Vikram Solar, one of the largest module manufacturers and solar EPC players was recently appointed as the Chairman of the Renewable Energy and Energy Storage Division of IEEMA […]

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Probe on Surging Duty for Solar Cell Imports Began By Government

India is targeting to 100 GW solar capacity by 2022. The current installed capacity is about 15 GW. India began to probe to determine imposition of safeguard duty on surging imports of solar cells with a view to protect domestic manufacturers. Domestic manufacturers have approached the Directorate General of Safeguards (DGS) with a complaint that […]

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Fronius India Aims to Double Turnover in Two Years

Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth.   Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […]

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NEXTracker Announces Series of Energy Storage Systems

NEXTracker’s energy storage portfolio provides customers with configurable and intelligent solutions for new and retrofitted power plants and stand-alone applications. NEXTracker, a Flex company has announced NEXTracker Energy Storage Solutions, a portfolio of products that includes NX Drive and NX Flow. NX Drive is a standardized battery enclosure system for generation-plus-storage or stand-alone storage applications. […]

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Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard

The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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