SUBSCRIBE NEWS LETTER

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Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia

China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […]

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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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For Va-Yu It’s Word OF Mouth All The Way When It Comes to Building A Base

Va-Yu Or Wind, as the name translates in English, is a Delhi-based rental EV start-up that has found success in the rough weather of the Covid pandemic in its debut year. One year down, their plans have stood the test of some of the toughest market challenges and founder Ashish Aggarwal has learned some valuable […]

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India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA

Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […]

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US Moves To Sanction Chinese Solar Firms, Implications for India

Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […]

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Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production

US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […]

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Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain

Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […]

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Togo Solar Plant With Jakson As EPC Inaugurated

The  President of Togo, Faure Essozimna Gnassingbé inaugurated a 50MWp Solar Power Plant in the West African country. The Sheikh Mohamed Bin Zayed Solar Power Plant Project is being developed by AMEA Power, Dubai and designed, installed, commissioned, and executed by Jakson Group from India. The West African Development Bank and Abu Dhabi Fund for […]

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