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SolarEdge’s EV-Charging Inverter Wins 2018 BIG Awards for Business

SolarEdge has developed the world’s first EV-charging solar inverter which offers the fastest AC EV charging rates by supplementing grid power with PV power. Israel-based SolarEdge Technologies has received the ‘New Product of the Year Award’ for its EV-charging inverter in the Energy Category. It is a winner of the 2018 BIG Awards for Business. The company […]

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Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter

However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […]

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Seraphim Solar Gets 80 MW Supply Pact in Vietnam

The company has agreed to deliver the PV modules for a targeted commission date in late April 2019. Jiangsu Seraphim Solar System (Seraphim) has inked new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the Philippines. The company has agreed to […]

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India’s Solar Capacity Addition to Fall by 55% in FY19

However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […]

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Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL

Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […]

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Tata Power Solar Launches Residential Rooftop Solution in Bhubaneswar

The consumers can avail a chance to earn from their idle rooftop space. Tata Power Solar has launched a complete residential rooftop solution in Bhubaneswar providing up to Rs 50,000 worth of saving annually for a period of 25 years. The consumers can avail a chance to earn from their idle rooftop space. To further […]

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ENGIE Acquires 90% Stake in Simpa Energy India

ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […]

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Solar Power Generation Set to Touch 600 GW by 2023: Report

This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […]

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Solar will Become More Competitive than Coal by 2040: IEA

IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […]

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