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Shinsung E&C to Supply $19.6 Million Solar Cells to France

According to the Shinsung E&G official the company conducted a year-long test to achieve the certification with an aim to make inroads into the French market. Shinsung E&G Co., South Korea based solar energy firm has signed a 21.1 billion won ($19.6 million) deal to supply monocrystalline solar cells to Upsolar, a global developer and []

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Uttar Pradesh Investors Summit 2018: Uflex to Invest Rs 1,200cr on Solar Project

Uflex Limited, Indias largest flexible packaging materials company plans to invest Rs1,700 crore to enhance its manufacturing capacity and set up a solar power project in Uttar Pradesh Prime Minister Modi inaugurated twoday Uttar Pradesh Investors Summit 2018 in Lucknow. The event organized by Uttar Pradesh Government is aiming to showcase the investment opportunities and []

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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nations and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 []

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L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders

The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. Indias largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for []

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Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment

As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit Magnetic Maharashtra: Convergence 2018 held in the financial capital of the country.   In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment []

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Alec Energy to Construct 6.5 MW Solar Rooftop Project for Dubai Hills Mall

Alec Energy will be responsible for the system design, sourcing local approvals and construction of the facility. Alec Energy, Alec Engineering and Contractings renewable energy unit, has signed off on a contract to construct a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction. According to []

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Enel Begins Operations at 103 MW Solar Park in Brazil

For this project, Enel Green Power claims to have invested around $110m for the construction of the Horizonte solar park. Italian renewable energy company Enel has begun operations at the 103MW Horizonte solar park in Brazil through its subsidiary Enel Green Power Brasil Participações (EGPB). The solar park is located in the municipality of Tabocas []

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Alfen to Supply 140kW Energy Storage System to Belgian Grid Operator

Alfen supplies a 140kW energy storage system that will be connected to Eandis logistical center. Alfen, specialist in energy solutions for the future has announced the start of a smart energy storage system for Eandis logistical center in Lokeren, Belgium, that will be used to optimize self-consumption of the rooftop solar energy generation. The storage system, []

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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly []

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