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Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report

According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […]

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Adani Solar Aiming For 50% Market Share by 2021

Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […]

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EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF

However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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Vestas to Supply Turbines For Fortum’s First Large-Scale Project in Finland

Turbine delivery is scheduled for the second quarter of 2020, while commissioning is planned at the latest in the first quarter of 2021. Vestas has secured an order from Nordic clean energy company Fortum, for the 90 MW wind project Kalax in the province of Närpio in Western Finland,  the first large-scale wind energy project […]

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Vestas Launches New Turbine Targeting Cheaper US Wind Farms

Danish wind energy major, Vestas has launched a new wind turbine with aims to meet the market constraints and reduced LCoE demands of the US wind power sector. Following the launch of the EnVentus platform in January, including the V162-5.6 MW and V150-5.6 MW turbines, the company introduced the V138-3.0 MW turbine. Based on the […]

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India Finally Investing More in Solar than Coal: IEA

Renewable energy investments in India are finally outpacing its expenditure on fossil fuel power generation says IEA The International Energy Agency (IEA) has revealed in a new report on worldwide energy investment that the world’s third-largest emitter of greenhouse gases after China and the United States, and home to more than one-sixth of humanity India […]

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Missing The Sunshine – Mini Grids in India

Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […]

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Growatt Unveils its PV Solns in Europe; Eyes Substantial Sales Growth

Buoyed by the significant growth of solar in the European markets, the company has been engaged in surging investments in the region; appointing more workforce and establishing a branch office in Rotterdam recently. With an aim to grow sales substantially in coming years, China-based PV-solar inverters maker Growatt has displayed its next-generation photovoltaic (PV) solutions […]

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