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Solar Inverter Firm INVTSolar Launches Single-Phase-MPPT Inverter

Global solar inverter company INVTSolar launched its latest product, XG1-5kW-S on-grid solar inverter, at the State Business Meet 2023 held at Ahmedabad in Gujarat. The firm had a product unboxing and recommendation event that encouraged the inverter for idea exchange and gaining attention.  The solar inverter company also bagged the ‘Most Innovative Product Launch – […]

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GoodWe Partners With Sunprime For Solar-Powered Smart Cowshed

Leading inverter company GoodWe has announced a 500KWp solar project in India. This project marks the company’s first smart cowshed in the country, showcasing a potential model for energy independence in the nation’s dairy sector. The smart-cowshed, powered with solar energy was commissioned by GoodWe in collaboration with EPC leader–Sunprime Energy Solutions. It was powered […]

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US Expected To Add 33 GW Of Solar Capacity In 2023: Wood Mackenzie

Wood Mackenzie, a research-based organization and SEIA (Solar Energy Industry Association), a solar industry association of the US shared an update on installed utility PV capacity in the US. Based on evidence, it estimates solar capacity can reach 4 GW by 2023. It showcases that the sector has achieved 58% growth compared to Q3 2022. […]

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GERC Seeks Consultants To Determine Banking Charges For RE Projects

The Gujarat Electricity Regulatory Commission (GERC) has now planned to impose banking charges against the generation of renewable energy in the state. To undertake the mission, the state commission has floated a tender seeking bids from consultants who can help the state commission in imposing the charges. The GERC, in its document mandated the consultants […]

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Global Solar Capacity Can Touch 75,000 GW by 2050 With Energy Storage: ISA

A latest report from the International Solar Alliance (ISA) and Long-Distance Energy Storage (LDES) Council projects a target of 75,000 gigawatts (GW) of solar capacity by 2050. Their target is to provide long-term energy storage to fully realize the potential of these solar installations for complete decarbonization. LDES is estimated to become a $4 trillion […]

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Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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Waaree Partners With IRCON To Supply Solar Modules To Karnataka

Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a […]

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CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays

The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […]

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Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project

Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […]

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