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Maxeon Reports Around $3 M Loss, 434 MW Shipments in Q2 FY21

Singaporean solar innovation company Maxeon Solar Technologies has announced its financial results for the second quarter ended July 4, 2021, reporting around $176 million in revenues and $2.8 million in losses in Q2 FY21. While the company suffered losses worth $8 million in the year-ago period, it managed to earn a profit of $1.051 million […]

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Appliance Maker Stovekraft Is Greener With Solar Power Now

Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […]

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Researchers Make High-activity Photocatalyst Using Gold Nanoclusters

Researchers from Japan have designed a stable, high-performance photocatalyst from gold nanoclusters (NCs) by removing the protective molecules around them. In a new study published in Angewandte Chemie, Prof. Negishi led a team of researchers, including Assistant Professor Tokuhisa Kawawaki, Mr. Yuki Kataoka, Ms. Momoko Hirata, and Mr. Yuki Akinaga, to dig deep into the […]

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Researchers Develop Technology to Produce Hydrogen from Agriculture Residue

Researchers from two Pune-based institutes today announced the development of a technique that produces hydrogen directly from agricultural residue. The generated hydrogen can be used in fuel cell-powered vehicles. Scientists from Sentient Labs, a KPIT Technologies incubated R&D innovation lab, and Agharkar Research Institute (ARI) of Maharashtra Association for the Cultivation of Science (MACS) came […]

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Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn

Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […]

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Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030

Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […]

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Sicona Secures AU$3.7 M to Expand Battery Supplies Tech

Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […]

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ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions

 ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […]

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Innowatts Deploys Grid Edge Solutions in US & UK

Gurugram-headquartered Innowatts, an AI-based solutions provider, has announced the deployment of its grid edge management solutions in collaboration with several major partners- the City of Fargo, North Dakota, US; Scottish and Southern Electricity Networks (SSEN), UK; etc.- which are seeking to accelerate their energy transition. Innowatts’ Grid Edge Management module enables fully automated and near […]

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