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energy markets

Belectric Builds Solar System for Netherlands’ 1st Green Hybrid Project

German solar power specialist Belectric undergoes construction of a solar power system for Vattenfall’s first complete hybrid power plant called Haringvliet Zuid energy park. This park will consist of a wind farm of 22 MW of capacity, a battery storage system of 12 MW of capacity and a large-scale photovoltaic (PV) system constructed and commissioned […]

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Chinese firms look for New Models for Overseas Sales amidst Covid-19 Challenges

Amidst the coronavirus crisis, these days Chinese firms are actively searching for new ways in order to increase the sale of their products in the overseas markets. In line with this, two Chinese companies, CECEP Solar Energy Technology (ZhenJiang) Co., Ltd and Zhongshi Solar Energy Saving & Resources (Jiangsu) Co., Ltd, entered into a partnership […]

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500W Modules and Higher Efficiency, India Falling Behind

Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […]

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Pandemic is Hurting but not Halting Global Renewable Growth: IEA

The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […]

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EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF

Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […]

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PV Tracker Firm GameChange Solar Surpasses 10 GW Milestone

PV tracker manufacturer GameChange Solar has announced that is has surpassed the 10 GW milestone for sales since the company was founded in 2012. GameChange Solar has announced that is has surpassed the 10 GW milestone for sales since the company was founded in 2012. The company’s rapid expansion has been prompted by growth in […]

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Solis to Raise $100 M and Double Production Capacity to 20 GW

Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […]

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3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India

GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […]

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The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down?

It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […]

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