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“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy

The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […]

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Nitin Gadkari Launches Toyota Mirai, a Pilot Study on Hydrogen Fuel Cell Electric Vehicle

Union Minister for Road Transport and Highways, Nitin Gadkari has launched Toyota Mirai which is a pilot project on green hydrogen-based advanced fuel cell electric vehicle (FCEV). The minister said that the Toyota Mirai is the first-of-its-kind project in India that has an objective to create an ecosystem for hydrogen based fuel cell electric vehicles in India. […]

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GoodWe Hits 1.5 GW Milestone in India

Inverter major GoodWe, which has been a particularly strong player in the residential and commercial rooftop segment until recently, when it expanded offerings to the utility segment too, has crossed the 1.5 GW milestone in India. Considering the fact that a significant part of this number was achieved on the back of residential and commercial […]

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Wind Energy in Sweden to Rise by 70% in Next Three Years

Swedish Energy Agency – a government appointed agency – has published its biannual forecast report where it has said that Sweden will expand its wind power comprehensively. The published analysis says that Sweden is expected to increase the wind power generation by more than 70 per cent by 2024 compared with the level of 2021. […]

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How Australia’s States Are Leading The Renewables Push

Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world,  making rooftop solar the largest contributor to its […]

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Carbon to Launch 5GW Photovoltaic Gigafactory in France

Solar sector company Carbon has declared that it plans to build a 5-GW solar panel factory in France by 2025. The industrial start-up has also said that it hopes to triple production capacity to 15 GW by the end of this decade. As per the company, the Gigafactory project is expected to create more than […]

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Azure Power Q3 Results See Losses Narrow, Generation Up 36%

Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […]

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Sungrow Ties Up With Comtronics for Distribution in Nepal

Sungrow Power has signed a new distribution agreement with Comtronics Pvt. Ltd., a Nepalese company with an objective to develop and satisfy multi-disciplinary clients’ technical needs in Renewable Energy field. Sungrow is leading inverter supplier for renewables.   This agreement marks Sungrow’s forward-looking strategy in developing the emerging markets of renewable energy ahead of competitors. […]

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Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth

The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […]

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