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Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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CRISIL Report on The New Power Couple in Town

As the government continues to focus on increasing the share of renewable energy in the country, nearly 15,000 MW of wind-solar hybrid capacity is expected to come up over the next five years, a new report by CRISIL has revealed. Out of this 15,000 MW, works on nearly 10,000 MW are already either under construction or […]

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Xpeng Motors Unveils its new Self Made Smart EV Factory in China

Xpeng Motors, a leading EV technology company, has revealed an exclusive inside view into its self-built wholly-owned factory in Guangdong Province of China Xpeng Motors, a leading electric vehicle (EV) and technology company, has revealed an exclusive inside view into its self-built wholly-owned factory in Zhaoqing, Guangdong Province of China. The new factory – Zhaoqing […]

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New Massachusetts Regulations Would Cancel Nearly 80 Solar Projects: Analysis

CCSA recently released a comprehensive analysis revealing how new regulations would have the unintended consequence of canceling nearly 80 solar energy projects in Massachusetts The Coalition for Community Solar Access (CCSA) recently released a comprehensive analysis revealing how new clean energy regulations would have the unintended consequence of canceling nearly 80 solar energy projects in […]

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Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad

A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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EESL Plans to set-up 2000 EV Charging Stations in 2020-21

EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […]

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Enel Awarded 106.3 MW in Italy in GSE’s Second Auction

Enel Green Power has been awarded 68 MW of wind projects and 38.3 MW for repowering of already-operational hydro plants in the second GSE auction in Italy. Enel Green Power has announced that it has been awarded 68 MW of new renewable capacity for two wind projects and 38.3 MW of nominal capacity deriving from […]

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ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect

With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […]

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