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Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants

Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO

Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […]

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$130 Mn Grant For Early-Stage Solar Research Project

The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […]

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SNEC 2019 PV Power & Energy Storage and Hydrogen Expos to be Held in June

SNEC 13th (2019) PV Power Expo & Conference and the 2019 International Energy Storage and Hydrogen & Fuel Cell Exhibition and Conference (Energy Storage and Hydrogen Expo and Conference) will be held on June 3-6, 2019, in Shanghai, China. The two events were announced at the inaugural Solar Power Mexico (SPM). The event was organised […]

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100MW Solar-Fishery Plant Takes the Lead with Huawei 1500V Smart PV Solution

Multipurpose use of land increases both the agriculture and fishery revenue and improves the integrated utilisation efficiency of land. The Sihong 100MW PV project, a solar-fishery plant constructed by SPIC Jiangsu Electric Power Co., Ltd. in China has taken a step towards the lead in grid-tied power generation, with the use of the most advanced Huawei […]

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More Than 100 GW of 1500V Solar Inverters to Be Shipped in Next 2 Years

According to a new report, more than 100 GW of 1500V solar inverters are expected to be shipped in the next 2 years. A new report by consultancy firm IHS Market predicts that having grown from just 2 GW of shipments in 2016 to surpass the 30 GW milestone in 2018, 1500V inverters will continue […]

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Solar Crosses 28 GW Mark in India : BTI

Only 1,446 MW of new capacity additions were made in the October-December 2018 period, of which 990 MW was in utility-scale solar and 456 MW in rooftop solar. India’s total solar energy generation capacity at the end of December, including the 3.85 GW rooftop segment, stood at 28.05 GW according to a report by the […]

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Tender For 100 kW of Solar Inverters Issued in Maharashtra

The last date of bid submissions is February 16, 2019, and the bids will be opened on February 18, 2019. The Pimpri Chinchwad New Town Development Authority (PCNTDA) in Pune has issued tender inviting bids for the supply and installation of 2 numbers of 50 kW online solar inverter for a solar system installed at […]

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