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Waaree Distinguished with SP 1 A Grading by ICRA

The latest grading by a reputed rating agency showcases Waaree’s credentials and market standing The Indian solar manufacturer and solutions heavyweight, Waaree Energies announces to have secured the highest grading of SP 1A for solar projects. The new accreditation will formally proclaim the highest performance capability and highest financial strength of Waaree Energies to undertake solar projects. […]

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BHEL Aims to Enhance Solar PV Business

BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […]

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Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation

By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […]

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Floating Solar Panels Market Size to Reach USD 2.70 Billion by 2025 Grand View Research

Grand View Research expects the floating solar panel technology to foresee abundant growth over the forecast period on account of rapid demand primarily in Asia Pacific. Rising installations in China and Japan coupled with upcoming commercial projects in India is likely to fuel growth over the projected period. According to a new report by Grand […]

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El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour

El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […]

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NEXTracker NX Fusion Plus

Product Brief: NEXTracker has designed an innovative solar plus energy-storage solution ‘NX Fusion Plus’ US and international markets. NX Fusion Plus integrates solar tracker, battery, inverter, and software to deliver better return on investment to owners of solar power plants. By incorporating battery storage technology into its product, NEXTracker is further increasing the energy output […]

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Middle East is The New Market for Chinese Solar Players

Chinese solar panel manufacturers are tapping the Middle East, North Africa, and South Asia markets, with large-scale investment in renewable energy expected to drive a rapid increase in demand for imported technology. Local demand has underpinned the rise of China’s solar energy industry, but faced by a slowdown in domestic solar energy projects and reduced […]

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Super China to Edify World’s Biggest Solar Power Plant

The solar power project is estimated to span an area of 27 square kilometers of solar panels and has a total cost of 6 billion yuan. The plantation will produce 850MW of power and enough to supply up to 200,000 households. To the right of the plantation, a billboard will be erected bearing the slogan: […]

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Solar players expect tax incentives in budget, uncertainty over GST remains

According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […]

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