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Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS

According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […]

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Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […]

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Berlin-based Betteries Closes €2.1m Seed Funding Round to Upcycle EV Batteries

Betteries, a startup based in Berlin which upcycles electric vehicle (EV) batteries into affordable power systems, announced that it has successfully closed its Euro 2.1m seed funding round led by impact funds Factor[e] Ventures and Beyond Black. Speaking of this investment achieved, CEO and founder of betteries, Dr. Rainer Hönig stated, “This seed round is […]

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Nextracker Awarded Master Supply Agreement by Solaria to Supply 125 MW of Smart Solar Trackers Across Spain

Nextracker, a Flex company, announced that is has been selected by Solaria Energía Medio Ambiente (SOLARIA) to supply 125 megawatts of its world-leading solar tracker technology, NX Horizon™ for numerous project sites in Spain. Solaria will utilize Nextracker’s smart solar tracker technology, NX Horizon, to maximize performance and minimize operational costs. The announcement comes as Spain […]

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JinkoSolar Launches New Tiger Pro Modules for Distributed Generation Market

JinkoSolar Holding Co., Ltd (the “Company” or “JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that it has launched a new series of ultra-efficient Tiger Pro modules with higher power capacity targeted for distributed generation market. The new module is based on the Tiger Pro 182mm, 54-cell […]

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Global Wind Power Installations Hit Record Levels in 2020

Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.   China’s National Energy Administration reported 72 GW […]

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Record Fall in Coal Generation in 2020, but Emissions Remained High: Ember

New research has revealed a record fall in coal generation in 2020, however, power sector emissions were still higher than in 2015. New research has revealed that China was the only G20 country that saw a large increase in coal generation in the pandemic year. Globally there was a record fall in coal generation in […]

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Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System

Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […]

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Waaree Energies Powers up Pondicherry’s First Solar Power Project

Waaree Energies has commissioned a 10 MWp solar power project in Pondicherry, the first and only solar plant in the city, so far. Waaree Energies, one of India’s leading solar manufacturers, has announced that it has commissioned a large-scale10 MWp solar power project in Pondicherry. This first and only solar plant in the city, the […]

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