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photovoltaic

Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems

The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […]

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NTPC, Avaada Emerge Winners for MSEDCL’s 500 MW Solar Project Phase VIII

The 500 MW grid-connected intrastate or interstate solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded NTPC Renewable Energy and Avaada Energy as the winners.  200 MW were awarded to NTPC Renewable Energy at a quote of Rs. 2.82/kWh. Avaada Energy requested 500 MW at Rs. 2.83/kWh, but was […]

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WAAREE Gets 500 Cr Credit Line for Solar Projects

WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […]

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Shell & Green Tie Capital’s Solar Project in the Offing in Spain

Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […]

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China’s Risen Energy Delivers Strong H1 Numbers with 51% Growth

Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 […]

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Hitesh Tungal is New Vice President of GaoRun’s Global Business

Suzhou GaoRun New Energy Technology, a provider of automatic solar photovoltaic (PV) module turnkey manufacturing lines, has appointed Hitesh Tungal as Vice President for its international operations with effect from September 1, 2022. Tungal’s base of operations will be the GaoRun headquarters in Suzhou, Jiangsu Province, China. He brings to the table more than 14 […]

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UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project

UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […]

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IRCON Renewable Issues Tender for Solar Power Projects for Karnataka

IRCON Renewable Power (IRPL) has floated a tender for the supply of 500 MW of solar power projects at Pavagada in Karnataka. The last date for submitting the online bid is September 16, 2022, and the bids will be opened on September 17, 2022. As per the tender document, the completion period of this solar […]

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Canadian Solar Wins 253 MWp Solar, 1,000 MWh BESS Project in Chile

Solar PV modules manufacturer and large scale solar project developer Canadian Solar has announced that the company has been awarded a 253 MWp solar plus 1,000 MWh battery energy storage project called ‘Zaldivar Project’ in Chile’s public tender held by Chile’s Energy National Commission (CNE) in July 2022. The official statement of Canadian Solar held […]

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