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ABB Successfully Completes Divestment of Solar Inverter Biz To FIMER

ABB, a technology leader driving the digital transformation of industries, on Monday said that it has completed the divestment of its solar inverter business to FIMER SpA, an Industrial equipment supplier in Italy. The Swiss-Swedish multinational corporation further said that, this transaction enabled it’s Electrification business to improve the focus of its business portfolio on […]

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BEE Adds Deep Freezer, Light Commercial ACs to its Star Rating Prog; Likely to Save 9 BU Power by 2030

In a step further towards its vision of building an energy efficient India, the government-backed Bureau of Energy Efficiency (BEE) has extended its list of items covered under the ‘Star Labeling Programme’ by adding Deep Freezers and Light Commercial Air Conditioners (LCAC). BEE formulated the Star Labeling Programme, as part of its mandate, under the […]

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LONGi Solar Modules Used for 100 MW Floating Solar Plant in Hunan

LONGi Solar has supplied 100 MW of its Hi-MO4m monofacial PERC modules for China Datang Corporation’s first floating solar plant in Hunan Province. LONGi Solar, one of the world’s leading solar technology companies has announced that the company has supplied 100 MW of its Hi-MO4m monofacial PERC modules for China Datang Corporation’s first floating solar […]

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Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California

Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […]

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Tender Issued for Rooftop Solar Projects Worth 16.6 MW in Odisha

The Government of Odisha will undertake the development of rooftop solar PV power projects with a proposed capacity of 16.653 MW in 17 cities of the state. The Government of Odisha (GoO), with a view to develop a market for rooftop solar projects and with the objective of promoting solar energy in the state, has […]

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Digitalization of the Solar Photovoltaic Energy Industry and Why Energy Analytics is Important

Just like every other industry, the solar photovoltaic energy sector stands to benefit from digitalization significantly. More so, when sustainability concerns are compelling business to turn towards renewable sources and keep pace with the growing energy demands of the world. Emerging technologies such as the Internet of Things, Cloud Computing, and Data Analytics are enabling […]

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Startup Feature – RACEnergy

Brief details Total employees: 10 Key operational areas (Products, Regions, Clients): The company is making electric conversion kits for three-wheelers and battery swapping stations. It is targeting to launch its products in urban areas, especially Tier 1 cities. The company does direct sales to auto-rickshaw drivers and is also looking to partner with OEMs to […]

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I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni

An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […]

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Rio Tinto to Invest $1 Billion to Meet new Climate Change Targets

Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets and a company […]

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