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EESL to set up Decentralised Solar Projects Worth 1.5 GW by 2021

EESL plans to set up 1.5 GW of decentralised solar power projects across the country by the end of 2020-21, its managing director, Saurabh Kumar has said. State-owned Energy Efficient Services Ltd (EESL) has forayed into solar power generation and plans to set up 1.5 GW of decentralised solar power plants across the country by […]

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Driving Forces behind JinkoSolar 2 GW Ordered Swan Bifacial

Bifacial solar modules have attracted a lot of market attention in recent years. Installed capacity grew from only 97 W globally in 2016 to over 5,400 W in 2019. Furthermore, between 2019 and 2024, the size of the bifacial market is poised to increase tenfold. The driving forces behind this phenomenal growth differ from region […]

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LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors

LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […]

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India to be Electricity-Based Economy Eventually: RK Singh

Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […]

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Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA

ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […]

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Gujarat Sets the Pace for Solar Rooftop in 2020

At a time when solar rooftop has not really created the sort of impact many experts felt it could, comes news of success in Gujarat. The state, among the top 3 industrialised states in the country with conditions considered ideal for rooftop solar, has seen a strong response to its latest rooftop solar policy push. […]

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Northland Power Expands Offshore Wind Pipeline in Asia

Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea. Canadian firm Northland Power has announced the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites near Chodo Island, off the south coast […]

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EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs

Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […]

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Possible Effects of Coronavirus on Solar Industry

China is the largest producer of solar raw material globally. It supplies 85 percent of the raw material to the solar industry. China virtually controls the entire value chain from silicon to ingot, wafer, cell and module. Any potential strain could have an adverse impact in supplies. Southeast Asian module manufacturers to a large extent […]

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