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Heliogen Bags Award for its Concentrated Solar Technology

Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that for []

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Wpd Enters 600 MW Offshore Wind JV to bid in Taiwanese Tender

wpd has formed a JV with Taiwanese LeaLea Group, to develop a 600 MW offshore wind farm which is expected to be part of the third tender round in Taiwan. With several contracts, wpd is strengthening its presence and activities in Taiwan and intensifying its focus on this emerging energy market. Ahead of future tender []

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Solis Launches new 110kW Inverter Solution for Rooftop Solar Systems

Ginlong Technologies (Solis) has released the latest addition to its 5 Generation (5G) portfolio, the new Solis 110kW inverter. Ginlong Technologies (Solis), a global leader in PV string inverter manufacturing, has released the latest addition to its 5 Generation (5G) portfolio, the new Solis 110kW inverter. The new inverter, as the firm claims, brings a more reliable, []

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IRENAs Coalition for Action Calls for Green Recovery Based on Renewables

As COVID-19 rapidly devastates communities and livelihoods, effective response measures are urgently needed to address the immediate as well as the longer-term impacts of the crisis. Over 100 leading players in renewable energy, gathered under the IRENA Coalition for Action, have come together in a joint call for action, putting forward concrete recommendations on how governments can ensure []

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ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE

Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the worlds lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates (UAEs) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 []

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Discoms Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb

The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of Indias PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms []

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Growatt among Top 10 Global PV Inverter Suppliers in 2019: Report

With total shipments reached more than 126 GW (or 126,735 MW), the global photovoltaic (PV) inverter shipments grew by 18 percent in 2019 on a y-o-y basis, as said by the global energy research & consultancy firm. As per the new analysis done by Wood Mackenzie, or popularly known as WoodMac, the top 10 global []

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Covid-19 Hurts ABBs Q1 Results; Revenue Slips across Businesses

Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The companys net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, its []

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Chinas Solar Additions for 2020 Likely to Decline by 6.6 GW: Report

On the back of widespread coronavirus outbreak and its impact, Chinas solar photovoltaic (PV) capacity additions for 2020 is expected to fall short by 6.6 GW against the earlier projections, said the data and analytics company. Earlier, Chinese solar PV capacity additions were projected at 40 GW for the current year, which is higher than []

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