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Solar O&M Market To Be $9.4 Billion By 2025

Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […]

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MHI Vestas Gets Firm Order for 1140 MW Offshore Wind Project

Seagreen Wind Energy has finalised the turbine supply contract with MHI Vestas for 114 turbines for Scotland’s largest offshore wind farm. MHI Vestas has announced that Seagreen Wind Energy has finalised the turbine supply contract with the manufacturer for 114 turbines for Scotland’s largest offshore wind farm. It was in October 2019, when MHI Vestas […]

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Panasonic Extends Warranty on Solar Panels to Cover Labour on All Components

Panasonic has expanded its 25-year warranty on solar panels to include labour on all components of the residential solar system, including monitoring and interconnection hardware and racking system. The announcement builds on its recent warranty expansion to cover labour on Enphase microinverters included in Panasonic AC modules. Earlier, only labour for solar panels was covered […]

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Ørsted Reaches Offshore Milestone, Installs 1500th Turbine

Ørsted has reached another milestone in its expanding offshore wind business with the installation of wind turbine 1,500 at the Borssele 1 & 2 project Global offshore wind major – Ørsted has announced that it has reached another milestone in its expanding offshore wind business with the installation of offshore wind turbine 1,500. The firm […]

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REIL Issues NIT for Supply of DC Solar Submersible Pump 10 Hp in Jaipur

Central CPSU Rajasthan Electronics & Instruments Limited (REIL) has issued a notice inviting tender (NIT) from interested bidders for rate contract for the supply of DC solar submersible pump 10 Hp in Jaipur. The scope of work for the selected bidders will include the supply of DC solar submersible pump 10 Hp with their controller […]

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Mitsubishi to Buy Sharp Factory to Expand EV Power Device Biz

With an aim to tap the rising market demand for power devices used in the electric vehicles (EV) sector, Japanese electronics giant Mitsubishi Electric Corporation has entered into an agreement with Sharp Corporation to acquire land and buildings from Sharp Fukuyama Semiconductor Co Ltd. Sharp Fukuyama Semiconductor is a wholly-owned subsidiary of Sharp Corporation which […]

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Panasonic & Span to Deliver Energy Storage and Management Solutions

Panasonic has announced a new strategic alliance with Span to deliver a combined energy storage and management offering to homeowners Panasonic has announced a new strategic alliance with Span to deliver a combined energy storage and management offering that will give homeowners a new level of control over their battery backup power with intuitive energy management for the entire […]

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Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad

A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […]

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