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Wind Majors Come Together For Africa Task Force

The Global Wind Industry Council (GWEC) has set up a new Task Force to speed up and facilitate the development of wind energy in Africa. The Task Force brings together leading developers, manufacturers and associations that are active in the African market, including Siemens Gamesa Renewable Energy, Vestas, the South Africa Wind Energy Association, Africa […]

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EESL Registers 70% Consolidated Revenue Growth in FY19

EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […]

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Heraeus Photovoltaics Expands its China, Singapore R&D Capabilities

“By streamlining and localizing R&D, we increase our market focus, accelerate product innovation and facilitate local alignment between sales, R&D and our customers,” Ackermann added. Adding another feather in its cap, Heraeus Photovoltaics has expanded its China and Singapore research & development (R&D) capabilities via setting up fully-equipped innovation centers. Through establishing new innovation center […]

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Punjab Commission Hikes Average Tariff by 2.14% Across Categories

Punjab has announced an average tariff hike of 2.14 percent across categories for 2019-20. The State Electricity Regulatory Commission of Punjab has announced the hike in average tariff by 2.14 percent across categories for 2019-20. Besides, the state power regulator also raised the fixed charge for the domestic category of consumers by Rs 10 per […]

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Huawei Launches its Latest 1500V String Inverter in India

Huawei, a leader in inverter shipments, has announced the launch of its latest utility scale 1500V smart string inverter, the SUN2000-185KTL-INH0 (“SUN2000-185KTL”) for the Indian solar market. The SUN2000-185KTL comes integrated with an AI algorithm, that makes a good case for the model to be the best choice for 1500V solar system, trackers and bifacial […]

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Flexible Lithium Textile Battery Could be a Breakthrough in Wearable Tech

The lightweight Textile Lithium Battery offers high energy density and excellent flexibility.  A group of scientists at the Hong Kong Polytechnic University has developed a thin, highly flexible textile lithium battery that could safely power wearable electronics used in healthcare monitoring, smart clothes and Internet of Things (IoT).  The battery, which is less than 0.5 mm […]

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GERC Rules in Favour of Developer For Wheeling Charges on its Wind Project

Aarvee had filed a petition with the state commission against Torrent Power and the Gujarat Energy Transmission Corporation Ltd. (GETCL). The Gujarat Electricity Regulatory Commission (GERC) in a recent hearing and subsequent order has sided with Aarvee Denims and Exports Limited (Aarvee) in the matter of wheeling of power from its wind project. In its […]

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ADB Grants $750 Mn For Railway Track Electrification in India

ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […]

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Rural Electrification Corporation Posts Q4 Profit Rise of 50%

The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […]

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