Solar Industry

Elon Musk to introduce Tesla/SolarCity solar roof on 28 October 2016

The boss of Tesla, SolarCity and SpaceX – Elon Musk is planning to introduce a roof integrated with solar panels, at an event on October 28 in San Francisco. Musk tweeted “Aiming for Oct 28 unveil in SF Bay Area of new Tesla/SolarCity solar roof with integrated Powerwall 2.0 battery and Tesla charger.” According to […]

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Azure Power announces the launch of its initial public offering

Azure Power Global Limited (“Azure Power”) has announced the launch of its initial public offering of 6,818,182 equity shares. 5,863,637 equity shares will be sold by Azure Power, while 954,545 shares will be sold by certain selling shareholders says the official statement. The company expected to grant the underwriters a 30-day option to purchase up […]

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DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital

Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […]

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Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee

Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […]

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French Technology Companies in Renewable Sector Pledges to Contribute to India’s Energy Targets

A French delegation specializing in the renewable energy sector recently visited India. The delegation comprised leading French technology companies, and representatives of associations and federations of the French renewable energy sector. The French technology companies are looking for partnerships to contribute to the renewable energy targets in India through innovative solutions and technology cooperation. These […]

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Indian companies dominating the domestic solar market: Report

Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […]

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BayWa Group acquires Australian PV distributor Solarmatrix

BayWa group has entered the solar module and component business in Australia acquiring photovoltaic distributor Solarmatrix based in the West Australian city of Perth. The activities of Solarmatrix will be continued with the company BayWa r.e. Solar Systems Pty Ltd. formed specifically for this purpose. “After entering the market in South East Asia a good […]

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Premier Solar Limited to expand solar PV module manufacturing capacity by 200MW

Hyderabad based solar PV installation solutions provider Premier Solar is reportedly gearing up to expand its solar PV module manufacturing capacity setting up additional capacity of 200 MW by the year-end. The company currently has an installed capacity of 100 MW for module manufacture and 50 MW for solar cell manufacture, at Dundigal, near Hyderabad. […]

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Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital

Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […]

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