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Russia

Russian group Solar Energy Holding granted permit to develop 90 MW of solar plants

KompleksIndustriya and Energoholding, two companies that are part of the Russian group Solar Energy Holding have been granted permit to develop six solar parks totaling 90 MW, each with a 15 MW capacity at the site based in Russia’s southern Astrakhan Region. The facilities for solar plant will be built in Volodarsky, Privolzhsky, Yenotayevsky and […]

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Meyer Burger sells PV production equipment to a Russian company

Meyer Burger has bagged an order from one of the largest solar company in Russia, Hevel LLC for the supply of high-end PV production systems. Meyer Burger will be supplying the Moscow based solar company  with a variety of its technology, including systems for the qualification of crystalline solar wafers, for the coating and performance […]

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Russian Agency Assist to Establish Massive Solar Plants in India

The Russian Energy Agency (REA) and Solar Energy Corp. of India (SECI) plans to team up on few substantial scales Solar PV plants in India by 2022. The two entities signed a Memorandum of Understanding (MoU) on December 24, plotting the terms of the partnership. According to sources, one of its objectives will be to […]

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India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie

India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […]

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SMA Solar Rocked By Losses In 2024

German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […]

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Green Stocks Feb 24: An End To Pain In Sight?

It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture

A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation.  The rise of renewable power through the recent decades has also […]

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Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge

From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […]

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