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Distributed Renewables Could Create 400,000 Jobs in India

A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […]

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Sungrow Announces Expansion of Its Product Portfolio at SNEC

Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai. Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai, China, illustrating the unrivaled access to the maximized added value for the customers and unleashing informative […]

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Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL

The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […]

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India’s Road Towards EV Adoption…

When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […]

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Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd.

Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […]

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Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants

Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […]

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Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind

The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […]

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More Than 100 GW of 1500V Solar Inverters to Be Shipped in Next 2 Years

According to a new report, more than 100 GW of 1500V solar inverters are expected to be shipped in the next 2 years. A new report by consultancy firm IHS Market predicts that having grown from just 2 GW of shipments in 2016 to surpass the 30 GW milestone in 2018, 1500V inverters will continue […]

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Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries

A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […]

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