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Power, Water, Transport, Communication the Four Sectors for Industry Development: Gadkari

Union Minister for Micro, Small and Medium Enterprises (MSME) Nitin Gadkari has called water, power, transport and communication as the four most important sectors for industry development. “India has a lot of surplus power and are working towards more sustainable means like solar energy. Water is also available. Communication is doing very well and the country is […]

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Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary

Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […]

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India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking

India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […]

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Volvo Cars to Produce of Electric Motors at its Powertrain Plant in Sweden

Volvo Cars has announced its target of producing electric motors at its powertrain plant in Skövde, Sweden. Planning to establish complete in-house E-motor production with an investment of 700 million SEK by mid-decade. The company is aiming to become a premium electric car company with 50 percent of its global sales to be fully electric […]

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Seraphim to Set Up 750 MW Module Production Factory in Vietnam

Solar products manufacturer Seraphim Solar has announced its investment in a 750 MW module assembly factory in Vietnam. The global supply capability of Vietnam’s enterprise resilience will get enhanced by using Seraphim’s 500W S3 series half-cell modules and 250W S4 series half-cell modules. Jun Zhuge, Executive Vice President of Seraphim, commented, “This factory is designed […]

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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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Solis Recognized for R&D and Innovation by the National Development and Reform Committee

Solis has been nationally recognized for its R&D and innovation by the National Development and Reform Committee. Ginlong Technologies, a global leader in photovoltaic string inverter manufacturing, has been selected as a winner in the National Enterprise Technology Center by Division for Innovation and High-tech Development by the National Development and Reform Commission. It marks […]

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JinkoSolar Squeezes out Growth on Higher Shipments in Third Quarter of 2020

Chinese solar panel manufacturing major JinkoSolar has announced its third-quarter 2020 financial results on 7th December 2020. Financial Results: The company had total revenue of RMB 8.77 billion (USD 1.29 billion), an increase of 3.8% from RMB 8.45 billion and 17.2% from RMB7.48 billion from the second quarter of 2020 and the third quarter of […]

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Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac

The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […]

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