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Maxeon Launches New PV Module, Extends its AC Series

Singapore-based solar company Maxeon has announced the entry of a new product Performance 3 AC solar PV module into its AC portfolio, following the introduction of the Maxeon 5 AC panel in late 2020. AC Energy Solutions combine Maxeons solar panel technology with advanced microinverter technology, offering a customizable solar solution to maximize []

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BlackRock Real Assets Takes Over South Korean Offshore Wind Developer

A New York-based investment management company, BlackRock Real Assets today announced that it has taken over Korea Renewable Energy Development & Operation Holdings Co Ltd (KREDO Holdings). The global investment manager has made it its first-ever investment in the South Korean offshore wind sector with this acquisition. Also, it plans to spend more than USD []

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Wind Farms in Brazils Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak 11,548 MW at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous []

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GAIL To Invest Rs 5,000 Crore For 1 GWh of RE Portfolio

Indias government-owned natural gas corporation, GAIL Limited has announced to foray into Renewable Energy (RE) sector with targeting a 1 GWh RE capacity by investing around Rs. 5,000 Crores for setting up compressed biogas as well as ethanol plants. As the corporation is stepping up to establish its business beyond natural gas, GAIL will be []

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Researchers Create 68.9%-efficient PV Cell for Laser energy Transmission

At the recently held 48th IEEE Photovoltaic Specialists Conference, researchers from the Fraunhofer Institute for Solar Energy Systems ISE presented their achievement of a record conversion efficiency of 68.9% for a photovoltaic cell under monochromatic laser light. The scientists at Fraunhofer ISE claimed the success, explaining that it was made possible with a special thin []

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HPL Electric and Power Ltd reports revenue of 308 Crores in Q4 FY21

Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April20 to March21) yesterday, reporting total revenue of 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than []

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Hitachi ABB & BW Ideol to Take Offshore Wind Power to Next Level

Switzerland-headquartered technology company Hitachi ABB Power Grids announced today that it has signed a memorandum of understanding with BW Ideol, a pioneer in floating offshore wind, to accelerate delivering a market-ready floating substation offering and solution to global customers. Floating offshore wind is considered to be the next big frontier in offshore wind power. By []

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Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future

What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which []

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MNRE to Hold Webinars for 75 Weeks to Mark 75 Years of Independence

In a statement released yesterday, the Ministry of New and Renewable Energy (MNRE) said that it has been conducting a series of webinars on achievements in new and renewable energy since March 15, 2021. The purpose behind the webinars, which are to continue for 75 weeks since its beginning date, is the commemoration of 75 []

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