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Sungrow Reports $1.26 Billion Revenue in H1 FY21

Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […]

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VP Naidu Inaugurates Amp Energy’s 2.4MW Solar Plant in Puducherry

Amp Energy India has commissioned a 2.4 MW solar power plant at Pondicherry University in the Union Territory of Puducherry. The plant was inaugurated by Vice President M Venkaiah Naidu on 13th September, 2021, in the presence of the Dr Tamilisai Soundararajan, Lt Governor of Puducherry & Chief Rector of Pondicherry University; N Rangasamy, Chief […]

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Omega Seiki Orders Li-ion Batteries from US Firm C4V

New Delhi-based EV maker Omega Seiki Mobility has selected US technology provider C4V to source 1.16 gigawatt hours of next-generation high performance lithium-ion batteries from its cell manufacturing joint ventures to empower the future of e-mobility in India. C4V’s battery solutions is based on the technology that eliminates the need for cobalt and nickel, enabling a high performing, […]

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Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr

The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […]

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Evenergi Sets Foot in India, Joins Hands with Chemi Tech for E-mobility

Sydney-based software and consultancy services provider Evenergi has decided to launch its operations in India. The company, which has an active presence across 4 continents, is looking for global operations with India. The firm will be acquiring an 80% equity in Snel Charge India, part of the Chemi Tech Group. The company’s services help implement and optimise zero emissions […]

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Aussie Firm Stirs Market with Silver-free Cell at Record 25.54% Efficiency

Sydney-based solar technology startup SunDrive has reportedly made a breakthrough, producing a a silver-free commercial-size silicon solar PV cell with a record breaking efficiency of 25.54%. The previous record was held by LONGi for its commercial-size monocrystalline heterojunction (HJT) solar cell that achieved an efficiency of 25.26% during testing at ISFH earlier this year. The German […]

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NZ’s Infratil To Invest in Renewable Platform In Singapore

New Zealand-based investment firm Infratil is investing $233m in a renewable energy development platform in Singapore. The new platform will be called Gurīn Energy. Infratil CEO Jason Boyes said that “this is the 4th such platform Infratil has established to cover global growth of the sector. Infratil will own the business in partnership with the […]

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Ingeteam Smart SCADA Solution Reaches 20 GW Milestone

Energy conversion specialist Ingeteam Wind Energy has integrated its all-in-one SCADA software across 20 GW of renewable energy projects worldwide. Ingeteam has been engaged in asset monitoring and plant performance optimization for over three decades. In the past few years, the company has enjoyed increasingly strong demand for its INGESYS™ Smart SCADA suite across all […]

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LONGi’s H1 FY21 Results Out: US$5.438 B Revenue Reported

Chinese module manufacturer LONGi has released its financial results for the first half of 2021, reporting revenue of 35.098 billion yuan (around US$5.438 billion), an increase of 74.26% compared to the same period of last year. The company earned a net profit of 4.993 billion yuan (around US$773.688 million), up 21.30% over the prior-year period. […]

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