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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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SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW

Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […]

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SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions

SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […]

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Trackers have shown that they are reliable unlike previous view that they are new technology: Siddharth Charkha, HCT Sun

Tell us about your firm. HCT Sun is an India-based, US-owned company. We are primarily in the OPEX (operating expense) business in India, catering especially to SMEs which no one else generally caters to. We employ high-performance components to increase the performance of the projects in the country. Besides, we have partnered with SolarGik, an […]

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New IRA Provision To Increase Access To Clean Vehicle Credits In US

The US Treasury Department and the Internal Revenue Service (IRS) released guidance that will lower costs for consumers and help car dealers grow their businesses. They will do so by increased access to Inflation Reduction Act (IRA) credits at the point of sales for new and previously owned clean vehicles, a report says.  The IRA […]

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Tata Power, Assam Government Sign MoU For EV Charging Network in Guwahati

Tata Power, is collaborating with the Assam Government, to improve the electric vehicle ecosystem in India. As part of this initiative, Tata Power is expected to deploy a network of 10 advanced EV chargers across 10 locations as a pilot within the city.  The partnership between EV Charging Solutions Limited (TPEVCSL), a Tata Power Group […]

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Megawatt Charging For Large EVs Could Keep Out Hydrogen

The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […]

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SOFAR Storage Solutions Seeks To Repeat Success In European C&I Market

SOFAR, a global leading provider of all-scenario PV & ESS solutions, marked presence at the BNEF London Summit. Together with Nelson Nsitem, energy storage analyst from BNEF, both parties jointly held the roundtable “Exploring Possibilities and Overcoming Barriers: C&I Energy Storage in Europe” where industry experts exchange perspectives on C&I energy storage in Europe. SOFAR, […]

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RE Generators Selling Power At Power Exchanges Can Issue REC: CERC

In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges.   The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […]

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