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solar market

U.S. energy storage market sets Q4 record for new installations: WoodMac

The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […]

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Vikram Solar Limited files DRHP with SEBI

Vikram Solar Limited (VSL), one of India’s largest solar module manufacturers, in terms of operational capacity, and also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services as of December 31, 2021, has filed its DRHP with SEBI. With this, VSL follows another industry leader, […]

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SK E&S acquires EverCharge, sets foot in US EV charging market

Korean LNG player SK E&S is entering the U.S. electric vehicle charging market, an official announcement said. On March 23, SK E&S announced the acquisition of EverCharge, an EV charging solution provider in the U.S. This is reportedly the first time a Korean company has acquired the management rights of an EV charging company based in the U.S. […]

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AMPYR, Hartree Collaborate to Build 5GW of Solar Power in USA

AGP Sustainable Real Assets has formed a joint venture (JV) with Hartree Partners to develop 5GW of utility-scale solar projects across the US. The new joint venture is named AMPYR Energy USA and will be headquartered in New York. The new entity will leverage the experience of AGP that has developed large scale RE projects […]

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In Conversation with Vineet Mittal, Director & Co-founder, Navitas Solar

Navitas Solar has been a well respected player in the solar sector with 200 MW of installed manufacturing capacity in the country. It produces state-of-the-art mono/multi crystalline solar photovoltaic (PV) modules for supply to both on-grid and off-grid residential, commercial as well as industrial establishments. The Surat-based company also provides a complete lifecycle of solar […]

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Nexamp activates two solar+storage projects in Massachusetts

US distributed solar power generation company Nexamp has completed two energy storage projects, marking another milestone toward the buildout of a cleaner and more resilient regional power grid, an official statement said. Co-located with existing Nexamp community solar farms in Massachusetts, the battery storage projects are expected to provide critical frequency regulation services for the […]

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New single-axis solar tracker can follow sloped, uneven, challenging terrain

Nextracker™ has launched NX Horizon-XTR, a terrain-following, single-axis tracker designed to expand the addressable market of solar power on sites with sloped, uneven, and challenging terrain. The company began deployment and empirical testing of NX Horizon-XTR at utility scale three years ago, working closely with customers that faced capital expense and construction challenges on project […]

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Home owners dominate energy storage market in Germany: Study

The battery storage market in Germany is dominated by the residential or ‘household’ segment and its far greater than the commercial-industrial or large scale segments. This is the finding of a recent report named ‘The development of battery storage systems in Germany – A market review (status 2022).’ The report is led by the Institute […]

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