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renewable energy

SolarEdge A leading Global Inverter Company

Now a leading global inverter company, SolarEdge was initially founded in 2006. Its founders include Guy Sella, CEO and Chairman, Lior Handelsman, VP of Marketing and Product Strategy, Yoav Galin, VP of Research and Development, Meir Adest, VP of Core Technologies, and Amir Fishelov, Chief Software Architect. SolarEdges founders and executive team bring extensive multidisciplinary []

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Azure Roof Power to Electrify Government of India Buildings across 10 States

50 MW allocation to Azure Power is the largest solar rooftop allocation done by SECI to supply power to Government buildings, approximately 14% of the total allocated capacity of 360 MW announced. Azure Power, a leading solar power producer in India, announced that it has won a 50 MW solar project in an auction conducted []

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NEXTracker Achieves 10 Gigawatts of Solar Tracker Sales Worldwide

NEXTrackers single-axis solar tracker, NX Horizon is the leading tracking solution for ground-mounted solar power systems, with over 175 MW per week of manufacturing capacity. NEXTracker has announced that it has achieved an industry-first milestone of ten gigawatts (10 GW) of trackers sale to hundreds of projects across five continents. NEXTrackers success is a direct []

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Ultimate Sun Systems ropes in Sabyasachi Pattanaik as Vice President Business Development

Sabyasachi previously served as the Head of Business Strategy, Development, Sales & Marketing at GP Green Energy Systems Pvt. Ltd. Ultimate Sun Systems has appointed industry veteran- Sabyasachi Pattanaik as Vice President Business Development. The seasoned professional has 18.5+ years of all-round experience in Infrastructure, Energy, and Power industries. He is skilled in international/strategic []

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Heraeus Photovoltaics, JinkoSolar partners to develop new generations of super PV cells

Heraeus will work with JinkoSolars new R&D efforts in efficient black silicon cells and n-type cells are expected to further increase the cell efficiency. Heraeus Photovoltaics has signed a comprehensive strategic partnership agreement with JinkoSolar to jointly develop new-generation Super PV Cells with higher efficiency and lower costs. Additionally, the agreement includes exploring energy markets []

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First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the banks loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 []

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through []

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Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra

An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids, Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and []

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