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Fourth Extension For SECIs 97.5 MW Rooftop Scheme

The deadline for bid submissions has been extended until May 21, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the third time in April. On March 28, 2019, the agency had issued amendments []

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Caffeine Improves Performance of Perovskite Solar Cells

A team of scientists at the University of California, Los Angeles have discovered that caffeine can be a promising alternative to make traditional solar cells more efficient at converting light to electricity. The latest research which began as a cafeteria joke over morning coffee led to this unusual solution. One day, as we were discussing []

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Fortums Q1 Profits Hurt by Lower Hydro Volumes

Finlands utility Fortum reported its operating profit grew merely by 1 percent to EUR 408 million during the January-March quarter of 2019, on the back of positive effect of improved prices offset by lower hydro volumes. The company has reported an operating profit of EUR 405 million during the same quarter last year. Commenting on []

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Interview with Pawan Pandey, Director | Radite Group

Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in []

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Interview with Eric Zhang, Sales Director Asia, Ginlong (Solis) Technologies Co. Ltd

We see EV segment linked with the solar co-generation as better project realization factor. Our grid tied and hybrid storage inverters has potential to make the EV charging stations financially and operationally more viable. Solar can bridge the gap of 7% extra requirement of electricity with induction of EV ecosystem, believes Eric Zhang, Sales Director []

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European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania

The scheme will contribute to Lithuanias transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types []

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South Korea Steps Away From Coal and Towards Renewables

The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nations ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nations ambition to move []

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STMicroelectronics Reports First Quarter Financial Results

The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. []

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Indias Road Towards EV Adoption

When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even []

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