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DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah

With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […]

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Total Solar Forays into Vietnam; Inks Pact for 3.2 MW Rooftop Solar Projects

Total Solar Distributed Generation (DG), an arm of energy giant Total, has forayed into the Vietnam market after signing an agreement with sports footwear maker Ching Luh Group to provide 3.2 MW rooftop solar plants for two of its facilities in Vietnam. Through this move, the energy giant has continued its strategy of expansion of footprints […]

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Huawei Showcases New Product Line Virtually

Huawei, the global inverter market leader, has not allowed the pause in industry events and shows to stop its own product launches and displays. The company organised its first global FusionSolar Smart PV virtual show with a live broadcast to customers and partners in Asia Pacific, Europe, Latin America and the rest of the world […]

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COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData

With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […]

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Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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Leading Electrical Equipment Firm RR Global Enters EV Segment

RR Global has announced its entry into the EV segment with the proposed launch of two electric scooter models under the firms’ new venture in ‘BGAUSS’. RR Global India, a leading electrical equipment company has announced its entry into the electric vehicle (EV) segment with the proposed launch of two electric scooter models under the […]

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Solis Gets BIS Certification for all its Solar Inverters in India

Ginlong Technologies (Solis) has obtained its BIS  receive the BIS certification for all its solar inverters in India. The firm claims  it is the first one to have done so, although we have reports of some other firms also having received their confirmations. Ginlong Technologies (Solis), a leading global manufacturer of solar photovoltaic (PV) string […]

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Tata AutoComp Finds Partner to set up EV Charging Stations in India

Tata AutoComp Systems has signed an MoU with Tellus Power Green to supply AC and DC Fast Chargers for the entire range of electric vehicles in India. Tata AutoComp Systems, a leading auto-component conglomerate in India has signed a Memorandum of Understanding (MoU) with USA based DC charging infrastructure company Tellus Power Green to supply […]

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RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA

The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […]

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