SUBSCRIBE NEWS LETTER

solar market

Top 10 Solar Inverter Companies in India

With growing economic activity and growth,  India’s power consumption too reached to 1,164 TWh till November 2019. That makes India  the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […]

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Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal

The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […]

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JinkoSolar Tops in Module Shipments to India in Q1 2020

JinkoSolar Holding, a leading solar module manufacturer, has topped in the list of solar module suppliers to India during the January-March quarter of 2020, as per the research and advisory services provider firm. According to the quarterly report of JMK Research and Analytics, in which it has ranked domestic and international module suppliers based on their shipments […]

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Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan

Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […]

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Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL

Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […]

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Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers

The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […]

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CEL to Empanel Solar PV Modules and Related Products Suppliers

CEL is looking to engage firms as Authorised Dealer-Solar (AD-SOLAR) for selling its solar PV modules, power pack, and other products. Central Electronics Limited (CEL) has issued an expression of interest (EOI), through which the firm is looking to engage, throughout India, companies/ firms/ individuals, etc. having their own well-established marketing network, as Authorised Dealer-Solar […]

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India’s Solar, Wind Capacity Installation Falls 70% in Q1 2020

The solar and wind energy installations in India fell short by 70 percent with 720 MW of solar energy and 188 MW of wind energy projects installed during the January-March quarter of 2020, as compared to the previous quarter, as per the research and advisory services provider firm. On a yearly basis, India commissioned 35 […]

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Etrion Sells 70% Stake in Solar Asset in Chile to Innergex for about $46.6 Mn

Switzerland headquartered Etrion Corporation (Etrion) has completed the sale of its 70 percent shareholding in a solar photovoltaic (PV) power plant, PV Salvador SpA, in northern Chile, to Canada-based Innergex Renewable Energy Chile Spa. This is an independent solar power producer’s last sale of a non-core solar asset outside of Japan. Etrion owns and operates […]

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