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IFC Invests $10 Mn in Globaltronics to Improve Energy Efficiency in Egypt

IFC is investing in a local Egyptian company to help it expand the installation of digital prepaid and smart electricity meters in homes across Egypt. IFC, a member of the World Bank Group, is investing up to USD 10 million in a local Egyptian company to help it expand the installation of digital prepaid and […]

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EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA

While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […]

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Huawei Showcases New Product Line Virtually

Huawei, the global inverter market leader, has not allowed the pause in industry events and shows to stop its own product launches and displays. The company organised its first global FusionSolar Smart PV virtual show with a live broadcast to customers and partners in Asia Pacific, Europe, Latin America and the rest of the world […]

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Ircon Partners With NIIFL, Ayana to Explore Opportunities in Solar Energy

Ircon International has signed a pact with NIIFL and Ayana Renewable Power for exploring opportunities in the solar energy segment. Ircon International Limited, formerly Indian Railway Construction Limited, an engineering and construction organisation has announced that it has signed a pact with the National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power for exploring opportunities in the solar energy […]

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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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CEL Extends Deadline for 535 kW Solar Project at NIBSM Campus

CEL has extended its bid submission deadline for its tender for the commissioning of a 535 kW solar power plant at the NIBSM Campus in Raipur, Chhattisgarh Central Electronics Limited (CEL) has extended its bid submission deadline for its tender for the commissioning of an on-grid solar photovoltaic (PV) power plant of capacity 535 kWp […]

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Solar Energy and EV Charging Infrastructure

With the push to move to electric mobility at a national scale, and with the government being very enthusiastic about deployment of electric vehicles, the electronic industry can expect to see a lot of activity around indigenous development and manufacturing. While electric vehicles are being worked upon by major OEMs, an ecosystem for development of […]

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We are Planning to Launch 1500V Inverter Solution for Indian Market: James Hou

India being one of the largest solar market globally, GoodWe have always focused on product quality and customer services being fruitfully awarded with regular building customer trust and increasing inverter supply in India. Focusing on Indian Solar market requirements, we are planning to launch 1500V inverter solution in its product basket. Thus, keeping inverter solutions […]

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