Solar News

WTO: US Challenges Ruling Favouring India on Solar

According to the WTO communication “the US hereby notifies its decision to appeal to the appellate body certain issues of law covered in the report of the panel in the US – certain measures relating to the renewable energy sector and certain legal interpretations developed by the panel”. Taking another step towards trade war brewing […]

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Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog

Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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Sungrow Supplies Central Inverters for Argentina’s Largest Solar Plant

Also, the project is expected to supply approximately 240 GWh of clean energy to the Argentinean power system every year. One of the global leading inverter supplier for renewable, Sungrow has supplied its 1500Vdc central inverter solutions for Argentina’s largest solar plant. The 100.1 MWp solar plant came online in Cafayate of Salta Province in […]

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RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF

The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF   The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […]

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REC Group and Meyer Burger Sign MoU for Strategic Collaboration

REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […]

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Solar Plates on all Government Installations: Bihar Deputy CM

Bihar Deputy CM Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. Bihar Deputy Chief Minister Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. “A tender has been floated to install 250 MW solar power […]

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Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter

Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […]

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