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Sungrow Prepares for Major Growth in Emerging APAC Solar Markets

Sungrow South Korea is now providing complete solutions comprising of central inverters, string inverters, power control systems (PCS) for energy storage system (ESS), and ONE-STOP solution for floating PV power plants, addressing a wide range of demands from the market. Sungrow, is expanding its presence in emerging APAC solar markets, in particular South Korea and […]

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India’s PV Module Manufacturing Sector Needs Serious Attention

India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […]

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Waaree Energies Welcomes ISA Delegates at its 50 MW Solar Plant in MP

ISA Delegates’ India visit was to study the deployment of solar in India. The summit was significant to India as it tries to achieve the ambitious target of generating 175 GW of renewable energy, including 100 GW of solar energy, by 2022. Waaree Energies Ltd., one of India’s largest solar panel manufacturers, welcomed delegates from International […]

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Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility

Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […]

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NDB, ISA Join Hands to Promote Solar Energy

The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […]

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S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering

The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […]

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Solar Home Lighting System Powers Rural India

With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […]

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Shinsung E&C to Supply $19.6 Million Solar Cells to France

According to the Shinsung E&G official the company conducted a year-long test to achieve the certification with an aim to make inroads into the French market. Shinsung E&G Co., South Korea based solar energy firm has signed a 21.1 billion won ($19.6 million) deal to supply monocrystalline solar cells to Upsolar, a global developer and […]

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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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