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Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report

A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally.  It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […]

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Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender

Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […]

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Chinese Module Majors Feel The Pinch From Module Price Drop

As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […]

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How is Soltec’s Tracker for US Market Different than Its Other Trackers?

Solar tracker manufacturer from Spain, Soltec, has designed a single-axis tracker specifically for the US market. The tracker, SFOne US, vis-a-vis Soltec’s trackers for other markets, sees a fewer number of parts. It also comes with the option with some pieces pre-assembled. In the US market, the tracker is longer with thicker piles, which means […]

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Suzlon Gets RLMM Enlisting for S144 – 3 MW Turbine Series

Indian wind turbine manufacturer Suzlon has received the RLMM (Revised List of Models & Manufacturers) Listing from MNRE (Ministry of New and Renewable Energy) listing of its S144 – 3 MW series of wind turbines. This will enable the firm to pave the way for the successful commercialization of the product. Suzlon has already installed […]

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SOFAR Strengthens Utility Scale Offering With 350kW Utility PV Inverter for India

SOFAR, the global leading provider of all-scenario PV & ESS solutions, has launched the PowerMega (350KTLX0) for the Indian market at REI 2023. The company says that the newest product offering is tailored for utility-scale projects both in India and globally. With a maximum efficiency of 99.05% at 50 degrees and integration of ultra-high current, […]

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100KW Open Access Limit Not Applicable to Captive Consumers: MERC

It may be recalled that in May, the Ministry of Power has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. Heeding the request, MERC has introduced the draft notification on Green Energy Open Access.  The MERC (Maharashtra Electricity Regulatory Commission) DOA Regulations pave the way […]

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Hithium & Perfect Power Join Forces for 1 GWh Energy Storage

Manufacturer of stationary energy storage products for large-scale energy project developers as well and commercial and industrial sector, Hithium has forged a partnership with energy storage project developer Perfect Power LLC. The agreement was signed at Hithium’s headoffice located in China. The agreement will pave the way for Hithium to supply battery products of 1 […]

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Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits

Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […]

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