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Are lower margins making the Indian solar market unattractive?

In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […]

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North America Solar Tenders Activity Drops 67% in Third Quarter

Solar tenders activity in the third quarter of 2019 saw 20 tenders announced in North America, marking a drop of 67% over the last four-quarter average of 61 The North America solar technology tenders in the third quarter of 2019 saw 20 tenders announced, marking a drop of 67 percent over the last four-quarter average […]

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Envision Bags Solar Powered EV Charging Solutions Contract in Massachusetts

The State of Massachusetts has awarded Envision Solar a statewide contract for the deployment of EV ARC transportable solar-powered EV charging solutions Envision Solar has announced that the State of Massachusetts has awarded the company a new statewide contract for the deployment of EV ARC transportable solar-powered EV charging solutions, as a result of the […]

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Acciona to Supply 173 GWh Renewable Electricity to Vidrala in Portugal

Acciona has signed a contract with Vidrala to supply renewable electricity to its 2 glass container plants in Portugal, for an estimated capacity of 173 GWh Acciona has signed a contract with the Vidrala group to supply electricity of renewable origin in 2020 to its two glass container plants in Portugal, for an estimated volume […]

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Vestas Secures 103 MW Order and EPC Contract in New Zealand

Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […]

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Hexagon Peak, Huawei Ink Pact for 200MW Solar Projects in Vietnam

China-based one of the leading photovoltaic (PV) inverter makers, Huawei has entered into an agreement with Hexagon Peak, the project development arm of Hexagon Holdings Singapore, for Hexagon’s pipeline of 200 MW utility scale projects in Vietnam, which estimated COD in first quarter of 2021. Commenting on the partnership, Hexagon Peak, Chief Executive Officer, Milan […]

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Global Solar Tender Activity Down 26 Percent in Q3 of 2019

Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427. Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427, according to GlobalData’s power industry tenders database. […]

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Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040

A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […]

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AAP Challenges BJP to Match 200 Units of Free Electricity in Ruling States

AAP has challenged BJP to give 200 units of free electricity in any state it rules after a BJP spokesperson promised to give 5 times more benefits if voted to power The Aam Aadmi Party (AAP) has challenged the Bhartiya Janta Party (BJP) to give 200 units of free electricity in any state it rules, […]

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