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SoftServe and Lightricity Partner to Innovate Power Harvesting Technology

SoftServe will use power harvesting techniques to develop solutions to make electronic devices more power efficient, prolong their lifetime, and make maintenance easier. SoftServe, a leading digital authority and consulting company, recently announced its partnership with Lightricity, a leader in photovoltaic energy harvesting technology. As a partner, SoftServe will use power harvesting techniques to develop solutions […]

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Residential Storage Market Project to Reach $17.5 Bn by 2024

A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […]

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NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan

The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […]

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260 MW Wind Farm in Thailand Begins Commercial Operation

Composed of five sub-projects located in Chaiyaphum Province in Thailand, the project is set to be one of the biggest of its kind in Thailand. The 260 MW Hanuman Wind Farm Project, owned by the Energy Absolute Public Company Limited (EA), a renewable energy company in the SET, recently entered commercial operation. Composed of five […]

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Vestas Reports Drop in Earnings in Q1 Results

Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […]

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India to Exceed Climate Compliance Commitments Under Paris Agreement

A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […]

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Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants

The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […]

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STMicroelectronics’ IGBTs Boost Performance with Latest High-Speed Technology

IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as uninterruptible power supplies (UPS) and solar inverters. The STMicroelectronics HB2 650V IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as PFC converters, welders, uninterruptible power supplies (UPS), and solar inverters, leveraging ST’s latest Trench Field Stop (TFS) […]

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BHEL Floats Tender For Procuring PV Modules Worth 71 MW

The last date for bid submission is May 21, 2019 State-owned Navaratna enterprise, Bharat Heavy Electricals Limited (BHEL), has issued a tender seeking bids from eligible vendors to supply Solar Photovoltaic (PV) Modules worth 71.177 MW for development fo solar projects the company is executing. The last date for bid submission is May 21, 2019, […]

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