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Colbun Kickstarts its First 9MW Solar Plant in Ovejeria

The solar park constituted of photovoltaic solar panels is company’s first solar power facility. The plant comprises 30,000 PV panels, each with watt tracker. Chile based Power Company, Colbun has started the commercial operations of its 9MW solar plant in Ovejeria. Further, the plant is made in 18 hectare land in the Tiltil commune of […]

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NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty

The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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Utah’s Vivint Solar to Bring Low-Cost Solar Panels to Illinois

Marking the company’s first expansion into the Midwest region, Vivint Solar plans to create over 100 jobs in the state within the year. Utah based residential solar solutions provider, Vivint Solar plans to expand availability of its affordable residential solar energy systems into Illinois, with services beginning in the greater Chicago area. Marking the company’s […]

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SolarEdge Q2 Net Income Jumps 53% YOY

SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […]

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Trina Vends Solar Modules to the Largest Private PV Project in Vietnam

Costing upto  US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […]

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Greenrays Kicks Off 200kwp Solar Rooftop Plant with Net-Metering at Navi Mumbai

Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. Mumbai based Greenrays Enersol has successfully commissioned 200 kWp roof top solar plant for a High tension (HT) customer at Navi Mumbai. Moreover, the plant also received net-metering sanction from Maharashtra State Electricity Distribution Company (MSEDCL) […]

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SolarEdge Stretches Lawsuit against Huawei in Germany for Breaching ‘Patent of Addition’

Among other fiscal damages, SolarEdge Technologies seeks lawful orders to recall the cease of Huawei power optimizers from the German markets. SolarEdge Technologies, a global leader in smart energies, has extended its lawsuit pending in the Mannheim District Court, Germany, against Huawei Technologies and connecting firms by asserting two additional patents related to its power […]

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LONGi Solar Inks $600 Mn Pact with American Firm

This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […]

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