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BHEL Aims to Enhance Solar PV Business

BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […]

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Sunverge Advanced AC-coupled Energy Storage System

Product Brief: Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses has announced the immediate availability of an AC-coupled model of its industry-leading energy storage product. Product Feature: Offered to renewable energy installers and electric utility partners, this alternative method for connecting to rooftop solar systems provides superior backup […]

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Floating Solar Panels Market Size to Reach USD 2.70 Billion by 2025 Grand View Research

Grand View Research expects the floating solar panel technology to foresee abundant growth over the forecast period on account of rapid demand primarily in Asia Pacific. Rising installations in China and Japan coupled with upcoming commercial projects in India is likely to fuel growth over the projected period. According to a new report by Grand […]

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El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour

El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […]

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Middle East is The New Market for Chinese Solar Players

Chinese solar panel manufacturers are tapping the Middle East, North Africa, and South Asia markets, with large-scale investment in renewable energy expected to drive a rapid increase in demand for imported technology. Local demand has underpinned the rise of China’s solar energy industry, but faced by a slowdown in domestic solar energy projects and reduced […]

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Celestica to Exit Solar PV Panel Manufacturing Business

Celestica Announces Exit from the Manufacturing of Solar PV Panels Celestica Inc. has announced to exit the manufacturing of solar PV panels. The company quotes disclosed PV market instability and global oversupply of solar panels which have continued to negatively impact its solar PV panel manufacturing business, including the pricing and demand for solar PV […]

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Training of “Solar Mamas” have been successful in enhancing India- Nauru relationship: President Pranab Mukherjee

Our collaboration in creating a Centre for Excellence in Information Technology in Nauru and our initiative in solar electrification of two hundred homes in Nauru through the training of “Solar Mamas” have been successful President Pranab Mukherjee extending his greetings and felicitations to the Government and people of the Republic of Nauru on the eve […]

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Solar players expect tax incentives in budget, uncertainty over GST remains

According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […]

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