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Jiangxi Jinko Announces Proposed Issuance Of Convertible Bonds

Jinko Solar Holding Co. Ltd., among the largest solar module manufacturers globally, has revealed that Jinko Solar Co., Ltd., its principal operating subsidiary, is looking to issue convertible bonds in the principal amount of up to RMB10 billion. To be listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, the Convertible Bonds will have a term […]

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First Offshore Wind Farm Order In Japan Goes To Siemens Gamesa

Global RE conglomerate, Siemens Gamesa Renewable Energy has announced that it has received an order for the 112 MW Ishikari offshore wind power project from Green Power Investment. This project is the first firm offshore order in Japan for offshore wind turbines maker. The official statement of Siemens Gamesa said that the order includes 14 […]

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NTPC Q1 Results, Revenues up 43% YoY, Profits up 15%

NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal.  At […]

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Omega Seiki Mobility & Log9 Launch E-Three Wheeler

Electric Vehicle manufacturer Omega Seiki Mobility and Bengaluru based battery maker Log9 Materials have unveiled the longer-range version of Rage+ electric 3-wheeler called ‘Rage+ RapidEV Pro’. The e-vehicle has been developed by the two players jointly. The Rage+ RapidEV Pro, available in two variants with different cargo body volumes, comes with the RapidX 8000 battery […]

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Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru

Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […]

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Total Eren Launches Ambitious Wind Farm Project

Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced the launch of the construction and successful financial close of the Parang Project, which entails a 16.7 MW wind farm, set up together with its partners WEEN E&S and Korea Midland Power (KOMIPO). The Project has been co-developed by Total […]

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Tata Green Switch Project Provides Access to Green Electricity in Jharkhand

The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […]

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Sungrow Brand Value Hits CNY 61.686 Billion

Fresh from climbing the peak to no. 1 among solar inverter manufacturers in 2021 Sungrow has logged another top achievement this year. In the  “2022 China’s 500 Most Valuable Brands” list, compiled by World Brand Lab, that was released recently, Sungrow makes it to the  list with a brand value of 61.586 billion RMB, a […]

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From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022

California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […]

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