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Residential Storage Market Project to Reach $17.5 Bn by 2024

A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining []

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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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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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STMicroelectronics IGBTs Boost Performance with Latest High-Speed Technology

IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as uninterruptible power supplies (UPS) and solar inverters. The STMicroelectronics HB2 650V IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as PFC converters, welders, uninterruptible power supplies (UPS), and solar inverters, leveraging STs latest Trench Field Stop (TFS) []

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BHEL Floats Tender For Procuring PV Modules Worth 71 MW

The last date for bid submission is May 21, 2019 State-owned Navaratna enterprise, Bharat Heavy Electricals Limited (BHEL), has issued a tender seeking bids from eligible vendors to supply Solar Photovoltaic (PV) Modules worth 71.177 MW for development fo solar projects the company is executing. The last date for bid submission is May 21, 2019, []

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Siemens Gamesa Has Record Order Backlog of 23.6 Bn in First Half of 2019

Net income amounted to 67 million in the first half, compared to 0 million in the same period last year, and to 49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the []

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Greenlight Planet Launches Solar fans for Rural India

Greenlight Planet, a US for-profit company that designs, distributes and finances solar home energy products has recently launched the Sun King Fan, a portable solar-powered fan. While the country braces for the hottest year since 1901, this model provides powerful airflow for grid-like cooling, striking the perfect balance between performance, durability, and affordability. For a []

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Timex Expedition Solar Watches

PRODUCT BRIEF: The Expedition Ranger Solar is a sustainable, adventure-ready companion powered by natural energy. With a water-resistant tan leather strap, silver-tone case and blue dial, this solar-powered watch is well-built for the outdoors. PRODUCT FEATURES: The watch can be charged by directing sunlight towards the dial of the watch. In addition to sunlight, the watch []

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