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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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REIL Invites Bids For Supply Of 200000 Mono PERC, Solar Cell

Rajasthan Electronics and Instrument Limited (REIL) solar PV monitoring system in Jaipur issued a tender for the supply of 200000 of mono PERC solar cell 5.50 Wp. This tender was issued on 10th April 2024 and the bid end date is 1st May 2024 at 4 PM The bid opening date is 1st May 2024 […]

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US Solar Manufacturers Come Out With Prescription for Domestic Manufacturing

A new report commissioned by the Solar Energy Manufacturers for America (SEMA) Coalition and authored by Guidehouse Insights Inflection Point makes a case for stronger government efforts to ensure the US domestic solar manufacturing industry withstands the challenge mounted from China or Chinese  linked imports. “Thanks to the efforts of Congress and the Administration, with […]

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JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid

Four firms won the bid that was issued by Solar Energy Corporation of India’s (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar Energy were the winners in the auction by SECI. The […]

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Recurrent Energy Secures $160 Mn For Solar Project, Microsoft as Customer

Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets, announced that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Northeast Louisiana. Recurrent Energy said that the project is currently under construction and is expected […]

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COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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Chinese Solar Module Exports Cross 200 GW in 2023

Record high solar installations in 2023 globally have been a bonanza for Chinese module makers and associated firms, with exports expected to end at 200 GW in 2023. Based on data till November, China-based consultancy firm InfoLink Consulting’s placed Asia Pacific in the lead destination for China-made module exports in November, with India leading the […]

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India and US Are Major Drivers Of Utility-Scale Solar Power: ISA

The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been  primarily driven […]

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Sweden Tries Solar-Powered Hybrid Truck On Public Roads

A unique hybrid truck with a solar panel-covered trailer is being tested on public roads, as a result of a two-year research collaboration involving Scania, Uppsala University, Eksjö Maskin & Truck, Midsummer, Ernsts Express, and Dalakraft.  The solar-powered truck has been developed in a research project partly funded by the government agency of innovation Vinnova […]

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