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energy markets

Global Solar PV Installations to Reach Record 114.5 GW in 2019

A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […]

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Japan’s Mitsui Invests Rs 100 Crore in SmartE

SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […]

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Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023

A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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ZunRoof Expands Footprint to 3 More Cities; Mulls to Reach 100 Cities by FY20

Chaudhary further added that “the solar panel market in the southern states is dominated by the unorganized sector and initial market survey revealed instances of improper installations, customers being cheated by local players and the absence of substantial after sales service.” In its second phase of expansion, Gurgaon-based rooftop solar solutions provider ZunRoof has expanded […]

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MiaSolé Acheives Flexible Substrate Solar Cell Efficiency of 20.56%

MiaSolé has announced that the U.S. DOE’s NREL has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film solar cell MiaSolé, the US-based subsidiary of Hanergy, has announced that the US Department of Energy’s National Renewable Energy Laboratory has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film device (0.86cm2) deposited […]

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Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource

Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […]

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Canadian Solar Awarded 51.1 MW Solar Project in Brazil Auction

Canadian Solar has been awarded a 51.1 MW solar PV project in the Sixth Federal Energy Auction (A-4) held in Brazil. Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded a 51.1 MW solar photovoltaic (PV) project in the Sixth Federal Energy Auction (A-4) held in Brazil […]

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Azure Power Appoints new CEO and President

Azure Power has announced the appointment of Ranjit Gupta as CEO and a member of the Board, and Murali Subramanian as president. Azure Power, one of the leading solar power producers in India has announced the appointment of Ranjit Gupta as chief executive officer (CEO) and a member of the Board, and Murali Subramanian as […]

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