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H1 Global Wind Turbine Orders At High Of 69.5 GW

Research from research firm Wood Mackenzie. indicates that global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year. The figures include offshore as well as onshore wind turbine orders. A big driver of this activity was offshore wind turbine orders from outside of China, […]

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Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA

A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […]

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Trina Solar Commissions 15.5 GW Solar Manufacturing Complex In Vietnam

Keeping up with its international manufacturing expansion, Chinese solar major Trina Solar has commenced the production of 210mm monocrystalline silicon wafers in Vietnam. The first wafers rolled off the production line at the factory in Thai Nguyen city, 80 kilometers north of Hanoi, on Aug. 23. The factory will be able to produce 6.5 GW of wafers per […]

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Suzlon Updates Orderbook with 31.5 MW Project Win from Integrum Energy Infrastructure

Renewable energy solutions provider, Suzlon Group, has announced a new order win for the development of a 31.5 MW wind power project for Integrum Energy Infrastructure Private Limited. Suzlon will install 15 units of their S120 – 140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 […]

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5.2m Solar Kits Sold Globally In 2nd Half Of 2022: ISA Tells SAFDE

The International Solar Alliance (ISA) said that 5.2 million solar kits were sold globally during the first half of 2022, hinting at the industry’s growth worldwide. Ajay Mathur, Director General (DG) of the ISA, furnished the information at the South Asia Forum for Distributed Energy (SAFDE) event held in New Delhi.  “In the past year, […]

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Global Inverter Market Remains Top Heavy In 2022, Solis Moves To No 3

It’s concentrated at the top, when it comes to the Global Inverter market. The top 10 players accounted for 86% of all shipments, continuing their iron grip over the market. These are the findings from Wood Mackenzie’s global inverter report for 2022. Solis Inverters (the company), which has emerged as a global powerhouse in the […]

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Tata Power Plans to Add 2.5 GW of Solar Power In FY24

Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […]

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US Energy Firm Origis Energy Raises $750 Million For Solar, Storage Plans

Origis Energy, one of America’s leading renewable energy platforms, announced on Aug 16 that it has closed a $750 million construction warehouse funding facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. The move follows the announcement of […]

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Gujarat Tops In Residential Rooftop Programme: Govt Data    

A recent data from the Lok Sabha on Residential Rooftop Solar Systems indicated that India had garnered a total of 2.1 GW of solar power through the residential rooftop solar scheme of the Union government in Phase II of the programme. MNRE Minister RK Singh shared the data during his written reply before the House. […]

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