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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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Budget 2021 Highlights For Solar Sector

In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […]

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Solis Makes A Point, With 1 GW Milestone In India

Jan 29th– Ginlong (Solis) Technologies, the Ningbo, China headquartered inverter firm  released its  2020 estimated annual financial report on January 22: the annual sales  is expected to up to 3,40 million USD dollars, the highest growth than the same period last year of 93%. Ginlong (Solis) Technologies entered India in 2015, and has underlined its strong […]

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Tech Startup Matter To Launch EV Two Wheelers For India

Gujrat based tech startup – Matter has announced that it is set to launch its electric vehicles (EVs) and a range of energy solutions in India in 2021. The company will be producing electric two-wheelers (E2Ws) and setting up its market in major Indian cities, including New Delhi, Bengaluru, Mumbai, Chennai, Hyderabad, Kolkata, Pune, Lucknow, […]

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MNRE Extends Last Date for BIS Testing to June 30, 2021

Responding to pleas by multiple manufacturers and trade bodies, the Ministry of New and Renewable Energy has extended the last date for self certification for SPV (Solar) inverters has been extended yet again from December 31 2020 to  June 30, 2021 now. This is subject to the condition that relevant manufacturers will have valid IEC […]

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Exploring the Reasons behind Solis’ Rapid Growth

Zhejiang, China, 21 January 2021- 2020 is deemed to be a year that is hard to forget. It witnessed COVID-19 sweeping the world, and the global economy faltered. However, in China, new solar PV installations were up to 48.2GW in 2020, a 55% year-on-year increase. Among leading global inverter manufactures, there is a one that […]

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Sungrow Supplies a 100 MW Energy Storage Project in Texas

Sungrow, the global leading inverter solution supplier for renewables, announced that it has forged a contract to supply its fully integrated Energy Storage System to the 100 MWac Chisholm Grid project in Fort Worth, Texas. Chisholm Grid has been under construction since August of 2020 and will be one of the largest battery energy storage […]

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NISE Develops Solar Powered Products Besides Testing and Certification

We caught up with Dr. Arun Kumar Tripathi, Director General (DG) at the National Institute of Solar Energy (NISE), to understand developments at the top national R&D institution in the field of solar energy. As he informs us, an autonomous institution of the Ministry of New and Renewable (MNRE), NISE was established to be a […]

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REC Seeking Bid Assistance for Participating in Solar Tender in Karnataka

RECPDCL, a REC subsidiary, is seeking bid assistance for participating in a tender for setting up ISTS-connected solar projects in Karnataka REC Power Distribution Company Limited (RECPDCL), a wholly-owned subsidiary of REC, has issued a tender, inviting bids from its empaneled agencies, for providing bid assistance to the firm as it intends to participate in […]

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