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Asia, America To The Rescue For German PV Machinery Makers

A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […]

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GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I

GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record […]

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Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK

Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […]

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Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […]

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EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan

The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […]

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EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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Chargeup Introduces Solar Battery Swap Station in Jaipur

Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […]

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DelEVery Launches Its Flagship Electric Loader ‘XL200’ At Rs 1.14 L

Tamil Nadu-based Future Motors Corporation’s commercial fleet ‘Delevery’ has unveiled its new flagship two-wheeler electric loader named XL 200. It has been crafted especially to cater to the loading and delivery needs of commercial businesses in the Indian market demands. The company has kept the ex-showroom price of the new product at Rs 1,14,900. It […]

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