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Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India

Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […]

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Residential Rooftop Solar To Cost Rs 31,200/Kw In Andhra Pradesh after Subsidy

The Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) has discovered the lowest bid of Rs. 50,000/kW for up to 1 kW of residential rooftop solar systems. That means, after central subsidies, it would cost only Rs. 31,200 to consumers. Interestingly, for larger 100Kw to 500Kw sizes, the discovered price is Rs 36,000/Kw , though […]

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Top 10 Cleantech Trends for 2021 By IHS Markit

Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […]

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Fourth Partner Raises $125 Million Equity Funding

Hyderabad based Fourth Partner Energy has raised a fresh funding of $125 million for its expansion plans. The big new investor this time is Norwegian investment fund Norfund, that has invested $100 million. Existing investor the RISE fund has invested a further $25 million. Norfund was last in the news for its backing of Italy’s […]

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“Floating Solution Will Be One Of The Main Enablers For PV sector In India”

For French Solar Firm Ciel Et Terre, India was natural market  market once the country embarked on a strong solar push, not to mention the strong partnership with France at global for a like the International Solar Alliance. Through its India firm Ciel Terre India, the firm has been quietly working to educate developers and policy […]

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Solis Seminar, Episode 24: PV Panel Micro-Crack Problems and Identification Methods

The last Solis Seminar introduced the problem of PID effect and its solutions. This seminar will give details on the causes of cell micro-cracks, how to identify them and ultimately prevent them. PID effect, micro-cracks, and hot spots are three important factors that can affect the performance of crystalline silicon photovoltaic modules. Among them, PID […]

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US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation

The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […]

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Amara Raja Aligns Itself With Electric Mobility For Growth

Hyderabad-based Amara Raja Batteries Ltd. (ARBL), which has emerged as the no. 2 battery manufacturer in the country, is looking to ensure it continues on the growth path. It’s board has approved the launch of several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth and enhance stakeholder value.  ARBL has […]

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Wind-based Electrification Will Drive Europe to Net Zero: WindEurope

Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […]

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