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solar business

Sungrow Bags 500 MW Strategic Agreements during PV Japan Expo

Sungrow, the global leading inverter solution supplier for renewables, has signed 500 MW strategic agreements to supply PV inverter solutions in Japan during the recent PV Expo. The Company also debuted a future-proof PV and energy storage product lineup optimized for various Japanese market segments; therefore, fueling the transition to a low carbon economy and overshooting Japan’s 2050 carbon […]

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Tabreed and IFC to set up a District Energy Investment Platform

National Central Cooling Company PJSC (Tabreed), the leading UAE-based international district cooling developer and the International Finance Corporation (IFC), a member of the World Bank Group, are planning to establish a district energy investment platform in Singapore that will invest in district cooling, trigeneration and cooling as a service offering with primary focus on India […]

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Magenta & HPCL Install First set of Street Lamp Integrated EV Chargers

The “ChargeGrid Flare” street lamp integrated EV chargers, an initiative by HPCL and Magenta, has opened at HPCL outlets in Mumbai and Delhi. The “ChargeGrid Flare” street lamp integrated EV chargers, a unique initiative by HPCL and Magenta, is all set to open at HPCL Bandra Kurla Complex outlet in Mumbai and Nitimarg T&E outlet […]

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The Hydrogen Roadmap to 2030.

Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […]

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Maha Regulator Dismisses BEST Plea For ‘Limited Open Access’

In an order published just before the weekend started last week, the Maharashtra Electricity Regulatory Commission (MERC) has  dismissed a petition by BEST, one of two Mumbai discoms, wherein BEST had requested for allowing limited Open Access in its area of supply and for determining and allowing Open Access charges and other fees and charges. […]

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BCD Announcement This Week? Speculation Reaches Fever Pitch, Again

A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […]

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Yamaha, Honda, KTM, and Piaggio Team Up to Create Swappable Batteries Consortium

Yamaha Motor Co., Ltd. has announced that the company has signed a Letter of Intent with Honda Motor Co., Ltd., KTM AG, and Piaggio & C SpA to set up a Swappable Batteries Consortium for Motorcycles and light electric vehicles (EVs). By extending the range, shortening the charging time, and lowering vehicle and infrastructure costs, […]

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EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030

EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […]

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6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC

The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […]

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