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Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion

Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […]

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Interface of Solar with DC Technology will help Secure Energy Security & provide green energy: Piyush Goyal

Union Minister of State for Power, Coal, Mines and New & Renewable Energy Piyush Goyal, said that the interface of solar technology with DC technology will help to secure energy security & provide green energy. Goyal further added that this fusion of Solar Technology for providing green energy & energy security can be utilized for […]

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SPI Energy signs non-binding framework agreement with GSR GO Scale Capital

SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […]

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Tesla makes an offer to acquire SolarCity

Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […]

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Analog Devices announces new power conversion platform

Analog Devices has announced its fully integrated power conversion platform for next-gen solar power, energy storage, and electric vehicle infrastructure applications. Company’s power conversion platform includes processing, gate driving, and sensing components, designed to enable faster-switching architectures and house safety regulations. Integrating ADI’s iCoupler digital isolation technology with the mixed-signal processor design (ADSP-CM41x), the platform […]

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Vishay Intertechnology introduces new 650 V EF Series devices

Vishay Intertechnology has expanded its portfolio of fast body diode n-channel power MOSFETs with the launch of new 650 V EF Series devices. The 650 V EF Series devices include the Vishay Siliconix SiHx21N65EF, SiHx28N65EF and SiHG33N65EF which according to the company will provide additional voltage headroom for industrial, telecom and renewable energy applications when […]

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Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy

Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […]

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