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solar electricity

Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report

The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […]

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ReneSola Joins Consortium Developing 30 MW Solar Plant in France

ReneSola has announced it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. ReneSola, a leading fully integrated global solar project developer, has announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce […]

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India to add 15 GW of Wind-Solar Hybrid Power Over Next 5 Years: CRISIL

In its new report, CRISIL takes a look at wind-solar hybrid (WSH) projects in India, which it estimates will reach 15 GW capacity over the next 5 years. In its new report, ratings and research agency CRISIL has looks the case of wind-solar hybrid (WSH) projects in India. A segment that it believes is fast […]

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IESA Proposes to Have Policy Framework for Energy Storage in Electricity Act

IESA has submitted its recommendations on the proposed Draft Electricity (Amendment) Bill, 2020, proposing a policy framework for energy storage in the bill India Energy Storage Alliance (IESA), India’s leading alliance working in the space of energy storage, electric vehicle, renewable integration & microgrids has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage

Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […]

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Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac

A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […]

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West Bengal Seeking EPC Contractors for 125 MW Solar Power Plant

WBSEDCL has issued an EOI for engineering, procurement and construction (EPC) of the 125 MW phase-1 of solar park project in West Bengal. The West Bengal State Electricity Distribution Company (WBSEDCL) has issued an Expression of Interest (EOI) for the participation of the EPC contractor to express interest through e -tendering for “engineering, procurement and […]

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