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Growatt Launches battery System For Off Grid Storage

Leading PV inverter and energy storage system provider Growatt has added the AXE LV battery system to its smart energy product portfolios, expanding market reach to meet the growing demand for residential off-grid lithium battery storage systems. Growatt is counted as the leading inverter form for residential inverters, and among the top 5 globally for […]

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Bosch India gets a 30 MW Solar Project Through AMP Energy

German MNC Bosch Limited, a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India has partnered with leading renewable IPP Amp Energy India for its solar energy requirements. The solar project capacity is 30 MW and would be provided from Amp Energy […]

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Azure Power Commissions 600 MW Project In Rajasthan

NYSE listed Azure Power yesterday announced the successful commissioning of its largest project- 600 MWs Interstate Transmission System (ISTS) connected solar project, allocated by Solar Energy Corporation of India (SECI). The project is in Bikaner, Rajasthan and the power generated from the project will be supplied to SECI at a tariff of INR 2.53 (~US 3.5 cents) […]

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2021 Best Year in History for Solar in the EU: Report

The 27 member states of the European Union saw around 25.9 GW of new solar PV capacity connected to their grids in 2021, an increase of 34% over the 19.3 GW installed the year before, a report by SolarPower Europe has found this month. This growth makes 2021 not only another record year for solar […]

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Solar Module Prices Hit 2 Year highs, Gap Between Multi, Mono-Perc Widens

Solar Module prices in China’s ‘spot’ market continued to rise further at the end of the China National Day Holiday Weekend. Thus, the price trend continues unabated from before, with no immediate sign of respite. We had reported last week on how the top 5 Chinese manufacturers had urged developers to go slow, or defer […]

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Developers, Indian Government May Need To Discuss Solar’s Perfect Storm Soon

As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, […]

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Power Sector PSU’s Get Strong Backing To Push For Renewables

Yesterday, (September 8) at a meeting to discuss the action plan for enhancing the investment by power sector CPSEs (Central Public Sector Undertakings) in renewable energy projects under the Chairmanship of R.K Singh, Union Minister of Power & NRE yesterday representative of all Hydro CPSEs, NTPC Ltd., MNRE and SECI came in. Key decisions were […]

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Premier Energies to Invest ₹1200 Cr for Additional 2 GW Capacity

Telangana-based Premier Energies is planning to expand its annual manufacturing capacity by 2 GW through an investment of around Rs 1,200 crore over the next 2 years. The solar PV cells and module maker’s existing capacity stands at 1 GW. Chiranjeev Saluja, Founder and Managing Director, Premier Energies, has said, “The plan is to be […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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