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Demand of Solar Powered Devices in Odisha Shoots Up after Cyclone Fani

Cyclone Fani might have sent shudders down plans for large sized solar parks in the region, but ironically, the demand for distributed solar products has gone up. People are now grappling with water shortage, lack of electricity, poor mobile connectivity and cash crunch. With no end to electricity woes on sight, residents of the capital []

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Vestas Reports Drop in Earnings in Q1 Results

Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the []

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Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US

C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailers operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for []

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Indias Solar Powered IPOs. Why Success Will Matter

Recent weeks have brought news of two IPOs from firms in the sector. First is of course Sterling and Wilsons plans for a billion dollar  IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of []

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MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications

The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministrys Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which []

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Aviation Task Force to Tackle One of Wind Energys Biggest Hurdles

WindEurope has launched a new Aviation Task Force, gathering a wide range of stakeholders to tackle one of the major challenge areas for wind energy. According to many in the wind energy sector, aviation-related issues are now the leading cause of permitting problems across the several Member States. And the launch of the Aviation Task []

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Tender For 170 kW Rooftop Solar Projects Issued in Haryana

The last date for bid submission is May 10, 2019 Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible parties for the deployment of 170 kW of grid-tied rooftop solar power projects at four locations in Haryana. The 170 kW tendered capacity will be developed as four different projects at the []

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Sungrow Bags 400 MW Inverter Deal For Chiles Largest Solar Plant

The solar PV farm in Copiapó, once completed, is expected to be the largest PV plant in the South American nation. Sungrow, one of the leading global inverter solution supplier for renewables, has signed an agreement with Enel Green Power Chile to supply its featured 1500V inverter solutions to a 400 MW PV farm in []

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Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed

Gujarats move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar []

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