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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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Solar Powered Desalination Could Bring a Revolution in Irrigation

While conventional CDI uses mains power, UNSW researchers have developed prototypes powered by solar energy. Agriculture relies heavily on groundwater and this source of water is rapidly becoming increasingly saline across the world, making it non-viable for agricultural purposes. To combat this issue and make fresh water readily available to the farming sector irrespective of […]

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BHEL, ARAI Sign MoU for E-Mobility Projects in India

BHEL and ARAI will combine their respective strengths in the technology development of E-Mobility solutions Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of […]

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Stable Prices for Lithium Could be Good News for India’s EV dreams

From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […]

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Suzlon Retains Top Position Among Wind Equipment Manufacturers in India

Like in the previous year, in 2017-18 too, Suzlon became the leading original equipment manufacturer (OEM) in India. Among the wind equipment manufacturers in India, Suzlon installed the most in FY 2018-19 with 581 MW, followed by Denmark based wind energy company Vestas with 492 MW, while Siemens Gamesa installed about 261 MW, according to […]

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South Korea Steps Away From Coal and Towards Renewables

The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […]

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Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd.

Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […]

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Senvion Signs EUR 100 Mn Loan Agreement to Avoid Bankruptcy

The DIP facility enables Senvion to continue its business operations following last week’s self-administration filing.  Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines and its lenders and main bondholders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility.  The DIP facility has received Board […]

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Growatt Debuts Latest Inverters at Global Trade Shows

Growatt is showcasing its latest residential and commercial & industrial (C&I) inverters in a series of global trade show events. Growatt, a global leader in inverter technology based out of China, is showcasing its latest residential inverter, Growatt MIN 2.5-6k TL-X and its commercial & industrial (C&I) inverter, Growatt MAX 50-80k in a series of […]

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