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Wacker Chemie Rides Polysilicon Boost To Double Sales in 2021

One of the earliest global polysilicon manufacturers, German chemical group Wacker Chemie made the most of the massive surge in demand, and prices for key solar raw material polysilicon in 2021, which hit a decade high during the year. The firm doubled its polysilicon sales boosting  earnings even as it coped with higher raw material […]

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Strong Q3 Fy22 Results From NTPC Set The Stage For Renewable Push

The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 67,757.42 MW, declared the unaudited financial results for Q3/9M FY22 on 29 January 2022. NTPC group has recorded gross generation of 87.92 Billion Units in Q3 FY22 and 264.70 Billion Units in 9M FY22 as against 76.53 Billion Units and 222.41 […]

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Sungrow Gets a Role At The 2022 Beijing Winter Olympics

Sungrow, the leading inverter solution supplier for renewables, has announced that the Company supplied string inverter solutions to the PV plant installed on the rooftop of the National Speed Skating Oval (known as “The Ice Ribbon”) in Beijing. The venue will host speed skating during the upcoming 2022 Winter Olympic Games. This marks a significant […]

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In Australia, NSW’s Second REZ Targets $10 Billion Investments

New South Wales (NSW), which also houses state capital and Australia’s largest city Sydney, has just declared its second Renewable Energy Zone (REZ), as part of its long term strategy to replace its fossil fuel driven electricity sector with renewable energy. The latest zone is the New England REZ, based around Armidale in the state’s […]

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Sungrow Tops ESG Rankings in China

Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […]

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Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles

LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […]

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NTPC 3 GWh Tender For Renewable Storage

NTPC’s renewable focused subsidiary, NTPC Renewable Energy has released a tender inviting developers for renewable storage systems across the country that will add up to 3000 MWh of supply. These systems would be connected to the ISTS grid too. The high minimum bid level indicates a search for large players able to execute at scale, […]

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NREL Study On Storage Requirements Finds High Alignment With PV, Over Wind

The United States National Renewable Energy Laboratory’s (NREL) latest Storage Futures Study (SFS) reports is out. The SFS is a multiyear research project that explores the role and impact of energy storage in the evolution and operation of the U.S. power sector. Designed to examine the potential impact of energy storage technology advancement on the […]

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Vistra Announces Expansion Of California Storage Facility To 3000 MWh

Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage capacity already at the site. On Jan. 21, 2022, PG&E filed its application with the California Public Utilities Commission (CPUC) […]

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