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Switzerland Offers Rebate to Lift Solar Market amid Pandemic

With an aim to save the solar photovoltaic (PV) market from ongoing slum caused by coronavirus crisis, Switzerland offered another USD 47 million financial support through rebates. Through such initiatives, the Central European country is planning to lift the PV market, especially residential and commercial rooftop solar. This is significant as, after hydropower and nuclear power, […]

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BHEL Opens Tender for Global OEMs to Setup Facilities in India

The ongoing coronavirus crisis has raised the wakeup call for global economies to diversify the manufacturing activities, which are concentrated in a single location from a long time. Thus, the situation has thrown up the need in front of global Original Equipment Manufacturers (OEMs), which are largely in China and other countries, to diversify their […]

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Solis 110kw String Inverter for Commercial Rooftop Applications

1. PRODUCT PROFILE Solis 110kW is designed to achieve low LCOE in commercial installations, increasing system returns through a more intelligent, reliable, efficient and secure string inverter technology solution. Solis is making full use of its fifth-generation technology platform in its new 110kW string inverter designed for commercial rooftop applications. The fifth-generation platform incorporates industry […]

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Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA

The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […]

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AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019

AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […]

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Canadian Solar’s PV Manufacturing Faces Minimal Impact of Covid-19

Canadian Solar, a leading solar photovoltaic (PV) module manufacturer, has recently revealed that it had experienced the limited impact of the coronavirus outbreak on its production facilities based in China. Although the company faced severe disruptions from January-mid by way of capacity loss amidst the COVID-19 carnage, it did not have a large impact on […]

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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […]

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Residential Solar. Market Yes, But Marketing?

Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […]

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Sungrow Revenue Grows 25.4% in 2019, Plans to Lift R&D Investment

With a minimal negative impact of coronavirus, Sungrow, a leading inverter solution supplier for renewables, has reported a growth of 25.4 percent to USD 1.864 billion in its revenue for 2019, against USD 1.572 billion in 2018. The inverter manufacturer shipped 17.1 GW of inverters in 2019 and touched its aggregate overseas shipments to 100 […]

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