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solar energy uses

Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research

The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […]

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Yulu, Adani Partner to Provide 24×7 Battery Charging Access in Mumbai

Bengaluru-based e-mobility service provider Yulu has partnered with Adani Electricity Mumbai Limited (AEML), one of the key Mumbai discoms, with the mutual objective of working towards building a sustainable city by reducing traffic congestion and air pollution in Mumbai. With this collaboration, Yulu will have access to multiple AEML premises across Mumbai, and will work […]

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Geothermal Power Push Points to Record Well Count in 2021: Rystad

Renewed interest in the geothermal sector in recent years, which has seen oil and gas majors make investments in numerous startups, is set to see a new record in the number of wells drilled for power generation, surpassing 200 this year for the first time. Spending on geothermal activity is expected to boom in the […]

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US Firm Modine to Open Exclusive EV Business Unit

US-based thermal management company Modine Manufacturing is establishing a separate business unit to focus exclusively on thermal management systems for electric vehicles. “We are making a significant commitment to the EV market to better serve customers who are leading the transition to alternative powertrains,” said Neil D. Brinker, President and Chief Executive Officer. “We plan […]

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Sungrow Reports $1.26 Billion Revenue in H1 FY21

Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […]

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“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter

Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […]

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Spanish Firm Designs System To Maximize RE In Commercial Buildings

Spain-based Wallbox has unveiled Sirius: an innovative energy management solution designed to maximize use of renewable energy in commercial buildings. Representing a big shift from the traditional one-direction flow of electricity from the grid to the building, Sirius is capable of managing various energy sources and will automatically choose the greenest or cheapest one available […]

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ReneSola Yixing Appoints Sun Qing as New CEO

ReneSola Yixing Co Ltd (a globally reputed manufacturer of Solar PV Modules) has announced the appointment of Sun Qing as CEO of the company. Qing succeeds Sky Wang and assumed the responsibilities of his new role on September 1, 2021. Sun Qing, is an experienced business leader with more than two decades of experience in […]

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