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Sungrow Takes Top Spot in BESS Integrator Market in 2022: Wood Mackenzie

Wood Mackenzie has released a report shedding light on the BESS Integrator market share rankings basis the number of BESS shipments in megawatt-hour (MWh) in 2022. The report finds that the global Battery Energy Storage Systems (BESS) integrator market has grown increasingly competitive in 2022. The top five global system integrators account for 62% of […]

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Growatt Brings ‘NEO 2000M-X’ Microinverter to Market 

Distributed energy solution provider, Growatt has launched its inaugural product in the microinverter category, the NEO 2000M-X. Microinverters are mainly designed for small residential rooftops or balconies and have garnered interest increasingly. With in-house R&D capabilities, Growatt microinverter series, the NEO 2000M-X highlights higher system productivity and yields with 2kW full power output, four MPP […]

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Solar Exports From India to USA Will Keep Rising Till 2025: IEEFA

A study by the Institute for Energy Economics and Financial Analysis (IEEFA) states that India’s solar photovoltaic (PV) module exports to the United States of America (the U.S.) are likely to keep rising for another couple of years before stagnating from 2025 and declining from 2027. It adds that following the implementation of the Inflation Reduction […]

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EU PPA Market Shines with 7.8 GW of New RE Contracts To Date

RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […]

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October Solar Additions Equal To Full 2022 As Europe’s Solar Romance Blooms

Rystad Energy Research reports that Europe’s solar installation levels are exceeding expectations, with the amount installed in October 2023 already matching the total installed in all of last year. Rystad Energy modeling forecasts new solar capacity additions will grow 30% this year versus 2022, surpassing 58 gigawatts direct current (GWDC) of new panels by the […]

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Is Solar Trumping Wind, Again?

Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […]

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Solar Cell Maker AIKO Debuts At Australia’s All Energy Exhibition

Shanghai-based renewable energy company AIKO launched itself at the All-Energy exhibition in Melbourne, Australia on Oct 25 with its cutting-edge solar cell products. The exhibition, one of Australia’s largest, highlights cutting-edge renewable energy and energy efficiency technologies from around the world. AIKO unveiled its products for the first time in the Australia as part of its efforts to expand globally. One of […]

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Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA

The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […]

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Solex Onboards Amit Thussu as Head of Marketing

Gujarat-based solar panel manufacturing Solex has announced the appointment of Amit Thussu as the Head of Marketing. Before he joined Solex, Amit held the role of Key Account Sales at Solar Labs. The marketing professional has also worked with China’s Suzhou Empire New Energy Ltd. He was Head Sales and Marketing India – Solar inverter […]

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