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Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021

China-based Solar Inverter manufacturer, Sungrow shipped 47.1 GW of products in 2021 to become the global leader. Not only that, but they also expanded their production facilities across Asia in 2021. Sungrow has a 10 GW manufacturing facility in Bengaluru, that was recently expanded, besides another 10 GW plant in Thailand. The top 10 global […]

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Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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Solar Capacity Additions In Q2 Starts Off On a Strong Note In India

After a strong Q1 (Jan-March’22) when close to 4650 MW of solar capacity was added in India, capacity additions have continued apace in Q2 also, going by the figures for April and May. So far, 2955 MW of fresh capacity has been added during the two months, indicating a high chance of overtaking the capacity […]

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E-Bike Maker One Electric Looks Overseas For Expansion

Having already set up business in eight export markets, Noida-based electric motorcycle maker, One Electric is now looking to raise $5 million and another $20 million at the end of this year to fund its overseas expansion plans, which will entail an assembly plant in Nairobi, Kenya. As per Gaurav Uppal, the chief executive, One […]

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State Of Offshore Wind Power in India

The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […]

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US Automakers Want Congress To End Tax Credit Cap On Electric Vehicles

The American electric vehicle manufacturers are devising means that could help the faster adoption of electric vehicles and seamless growth of the EV sector in the USA at a time when the European and Chinese electric vehicle markets are booming. In a fresh development, Chief Executive Officers of General Motors, Ford Motor, Stellantis and Toyota […]

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LONGi gets contract to supply 400MW of solar modules for Saudi Arabia project

Global Chinese manufacturer LONGi has been awarded a module supply contract for the 400MW (DC) Rabigh Solar PV IPP project in Saudi Arabia. The contract is realized through its EPC contractor, China Energy Engineering Group, Guangdong Power Engineering Company (GPEC). The announcement was made at a ceremony attended by LONGi and its partner GTek Solar […]

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The Wind Picks Up For Offshore Energy In India, R.K Singh Leads Key Decisions On Tendering, Transmission

In one of the most decisive steps for India’s offshore wind energy ambitions, R.K Singh, Union Minister for Power and New & Renewable Energy held a meeting yesterday on transmission planning for offshore wind energy projects in India. Alok Kumar, Secretary, Power and Indu Shekhar Chaturvedi, Secretary, Ministry of New & Renewable Energy were also […]

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China’s Dajin To Supply World’s Largest Monopiles To Moray West Wind Farms

China’s Dajin Offshore Heavy Industry has announced that it has signed a contract for the UK’s Moray West Offshore Wind Farm for the manufacturing and supply of ‘XXL monopoles.’ The monopiles will be one of the largest to be installed so far in the world and Dajin will supply it. Dajin has also declared that […]

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