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solar equipment

Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project

Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […]

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Budget 2022. Keep Up The Good Work, Says FM To RE Sector

In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […]

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Wind Energy Fight Escalates, As Europe Imposes Tariffs On Chinese Steel Turbine Towers

Europe’s focus on protecting its lead in Wind Energy sector, especially offshore wind in recent times, has just escalated with the European Commission imposing tariffs of upto 19.2% on China-origin steel wind turbine towers. According to the EU statement, it found that Chinese firms had dumped about 300 million euros ($337 million) a year worth […]

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Top 3 Things You Need to Know About PV Plant Safety

  Introduction Solar energy has become one of the most popular forms of renewable Energy and the numbers of PV systems in use have rapidly grown in recent years. Like any energy generating option, Safety is always a key focus of attention. A solar system is normally composed of PV array, inverter, combiner box and […]

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Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20

California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […]

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ISA Could Be Welcoming the US As Member Soon

Reports quoting news agency IANS have claimed that the US is likely to join the International Solar Alliance (ISA) at some stage soon. For the ISA, the move, if it happens, will be more than welcome, as the organisation pushes to meet its core objectives of using a solar fuelled energy transition to mitigate emissions […]

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Wind Manufacturers Progress On Recycling, With Siemens Gamesa Claim on Turbine Blades

Spanish turbine maker Siemens Gamesa announced on September 7 that it has started producing recyclable offshore wind turbine blades for commercial use. The move matters to an industry that, even while seen as renewable and clean, needs to do more to truly reduce its carbon footprint, and start carbon free payback earlier for projects. Competitor Vestas […]

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Tongwei Earns $462.3 Million Net Profit in H1 FY21

Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […]

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