SUBSCRIBE NEWS LETTER

battery energy storage systems

SolarEdge Announces Third Quarter 2018 Financial Results

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights  Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […]

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Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd

Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […]

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SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn

As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses.   Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […]

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$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report

Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […]

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SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh

The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […]

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Viz-A-Viz with John Martin Thomas, MD, Talesun Solar, Switzerland AG

Q. Can you please introduce John Martin for us? I am an Overseas Citizen of India (OCI) and did my studies in Switzerland, settled in Italy in Milan. I am the Chairman of the save Indian Royal Heritage that is the (Trust of 560 royal families) for saving our royal heritage viz palaces and forts […]

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Solar Manufacturing Scenario of India

The incredible growth shown by Indian solar market is un-matching and an important for sector where the country can excel. Initiatives` like International Solar Alliance by India and multiple schemes that benefit the industry have been put in place. If fully harnessed the industry has a strategic importance for the country as it can save […]

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Viz-A-Viz with Saurabh Srivastava, President – Marketing & Product Strategy, Eastman Auto and Power Limited

Q. What are the initiatives Eastman Auto & Power has taken in contributing towards India’s clean and green energy initiative? We, at Eastman Auto and Power Limited, are committed to encouraging clean and green energy adoption. In this regard, we have developed batteries for e-rickshaws which play an instrumental role in reducing carbon footprint. We […]

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