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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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CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project

The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […]

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PSU Gas Major GAIL To Join Solar Bandwagon

Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […]

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After Record 2020, South Korea To See Moderation In Solar Growth

South Korea, which has emerged as an unexpected bright spot for growth in the past three years, added almost 4.1 GW of solar in 2020.That places the country well above other relatively large markets like India for instance, which added barely 3.2 GW in 2020. The large additions in South Korea have been a function […]

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Will Larger Solar Module Sizes Work For Everyone?

As Panel Sizes Grow, Time For A Reality Check For C&I Buyers & Residential homeowners looking for Rooftop Solar. The second half of 2020 marked a new shift in the solar module segment, with many manufacturers announcing the launch of bigger, better & higher output modules. Some have called these the next level of technology […]

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Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan

Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […]

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India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry

Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […]

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Recycling, The Coming Challenge For Solar Panels

With Global Solar Capacity crossing 600 GW this year, the industry can no longer afford to ignore the issue of recycling faulty or retiring solar panels. The 600 GW milestone for solar might have passed by unannounced this year, but it is a huge milestone, and 2020 might still end with close to 650 GW […]

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Perovskite Solar Cells, Coming Soon To a Product Near You

Perovskites, named after Russian mineralogist Lev Perovski who discovered the base material over 170 years ago in the Ural Mountains of Russia are found abundantly in the earth’s mantle and sometimes, surface deposits even. They have now found an interesting and potentially breakthrough application in solar power generation technology. Different from the traditional silicon wafers […]

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