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ENGIE acquires an 80 percent stake in Green Charge Networks

ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […]

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GreatWall Energy announces availability of the Satcon Equinox 750kW inverters with Ampt Mode

China Electronics GreatWall Energy has announced the availability of the Satcon Equinox 750kW inverters with Ampt Mode. These inverters with Ampt String Optimizers lowers the total system cost and improve lifetime system performance said the company. The Equinox inverter platform comes with industrial-grade engineering and a rugged design with advanced utility-ready features. With Ampt Mode […]

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Azure Power commissions 88MW solar power plants across three states

Azure Power has announced its commissioning of solar power plants in three states across the country. The projects include a 50 MW plant in Andhra Pradesh, two plants of total capacity of 28 MW plant in Punjab and a 10 MW plant in Karnataka. These plants, connected to the respective state grids, are part of […]

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AWS Truepower acquires the energy-related forecasting assets of MESO

AWS Truepower has announced that it has acquired the energy-related forecasting assets from its long-term partner MESO, Inc. AWS Truepower collaborated with MESO Inc. for years in providing wind and solar power forecasting services to the utility and renewable energy industries around the world. With this partnership, AWS Truepower has become the top wind and […]

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SECI asks World Bank to finance 50% of it solar projects

The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […]

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U .S. and Indian solar market to grow at triple-digit rates: GTM Research

GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while  two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […]

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SolarWorld’s groupwide shipments increased by 62 percent in Q1 of 2016

SolarWorld has revealed that its groupwide shipments have increased by 62 percent in Q1 of 2016, compared to previous year’s quarter. A total of 341 MW was shipped in Q1, up from 210 MW of last year. Shipments grew strongly in the United States, in Germany even against the market trend and in European export […]

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Tata Power to acquire renewable energy assets of Welspun Group: Report

Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […]

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India will add 10,500 MW solar power in the current fiscal: Piyush Goyal

New & Renewable Energy Minister Piyush Goyal on Friday at Concentrated Solar and Solar Cooker Excellence Awards said India will achieve the target of adding 10,500 MW of solar power generation capacity in the current fiscal. Goyal Said “the way things are progressing in the solar energy sector. We will definitely achieve our target. Solar […]

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