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solar energy companies

Lower Auction Volumes, Supply Chain Challenges May Slowdown 20% of India’s PV Capacity Additions in ’23: IEA

The IEA (International Energy Agency), in its latest study, “Renewable Energy Market Update 2023 & 2024” has offered significant insights on worldwide markets in the renewable segment. The revelations of the report are as follows- Global Renewable Capacity Additions  As per the report, the global renewable capacity additions are set to soar by 107 gigawatts […]

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Airtouch In Key Deal With ReNew For Its Panel Cleaning Equipment

Israel based robotic cleaning solutions firm Airtouch Solar continues to make inroads into the Indian market. In it’s latest deal announcement, the firm has announced the closure of its fifth and largest agreement with ReNew  worth $8.5 million for supply of Airtouch’s advanced robot model –  Airtouch AT 4.0 for ReNews solar projects in India. […]

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C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings

A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […]

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Tongwei Becomes First Chinese PV Maker in Fortune 500 List

China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […]

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Jharkhand Releases Tender For O&M of 212 Mini-Grids

The Jharkhand Renewable Energy Development Agency (JREDA) has now issued tenders to outsource the Comprehensive Maintenance Contract & Operation (CMCO) of 212 solar mini-grids/microgrids installed in seven districts of the state. The state nodal agency has asked the prospective bidders to submit their bids by the end of August 22. JREDA will open the technical bids […]

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China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities

China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation.  This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […]

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Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation

A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning.  The report highlights the significant reduction in GHC […]

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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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