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Signify Innovations Predicts Growth in Solar Lights Segment

Signify Innovations India is expecting a good opportunity in the solar lights segment going forward, not only from the rural market but also from the urban market. Signify Innovations India (earlier Philips Lighting India), with 29 million connected light points worldwide is expecting good opportunity in the solar lights segment going forward, not only from the […]

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FAME Alone Not Enough to Boost EV Adoption

FAME alone is not enough to reach the 2030 target, various measures as prerequisites are needed in this transition. Policies like FAME need to be supplemented with measures such as domestic manufacturing of vehicles, batteries, and components to boost mass adoption of electric vehicles by 2030, industry body Confederation of Indian Industry (CII) has said.  […]

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Greenlight Planet’s Solar Fans to Keep Rural India Cool This Summer

Greenlight Planet, an organization that designs, distributes and finances solar home energy products has recently launched the Sun King Fan, a portable solar-powered fan. While the country braces for the hottest year since 1901, this model provides powerful airflow for grid-like cooling, striking the perfect balance between performance, durability, and affordability. For ten years, Greenlight […]

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Spruce Finance Secures $208 Million for Residential Solar Assets

Spruce Finance owns and operates a growing portfolio of distributed generation solar and residential energy assets in the U.S. Headquartered in Houston with executive offices in San Francisco. Distributed generation solar plants operator Spruce Finance, a leading owner and operator of residential energy assets in the U.S., has announced the successful closing of a $208 […]

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Indian Solar Sector Contracts in 2018-19

The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […]

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Interview with Pawan Pandey, Director | Radite Group

Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […]

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Interview with Eric Zhang, Sales Director Asia, Ginlong (Solis) Technologies Co. Ltd

We see EV segment linked with the solar co-generation as better project realization factor. Our grid tied and hybrid storage inverters has potential to make the EV charging stations financially and operationally more viable. Solar can bridge the gap of 7% extra requirement of electricity with induction of EV ecosystem, believes Eric Zhang, Sales Director […]

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South Korea Steps Away From Coal and Towards Renewables

The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […]

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STMicroelectronics Reports First Quarter Financial Results

The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. […]

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