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ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO

ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […]

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Delta Launches Innovative Outdoor Energy Storage System Cabinet

This new Outdoor Energy Storage System Cabinet joins the company’s already comprehensive portfolio of renewable power conversion and energy storage technologies for the commercial and industrial applications. Delta Group, a global leader in power and thermal management solutions has launched its Outdoor Energy Storage System (ESS) Cabinet, expanding its extensive line of energy storage solutions. […]

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Sungrow Has Achieved Over 1GW of Inverter Shipment in India

Sungrow has held a Solar Gigawatt Day as part of this year’s India Solar Week event to commemorate its 1GW of PV inverter shipment to India. Sungrow has become the world’s first PV inverter supplier providing both String and central inverters rated at 1500 Vdc. Sungrow, the global leading PV inverter system solution supplier, has […]

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India Emerging as Front-Runner in Fight Against Climate Change: World Bank

In India and beyond, solar power is starting to displace coal as an energy source. India is emerging as a front runner in the global fight against climate change, the World Bank has said, noting that the solar power is gradually displacing coal as an energy source in the Asian country. “With a sweeping commitment […]

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Patent Decision in Taiwan Reaffirms Commitment of Heraeus to a Strong IP Position in Photovoltaics Industry

Despite the ruling, President of Heraeus Photovoltaics, Andreas Liebheit affirmed the company’s legal efforts to aggressively protect its industry leadership in PV metallization innovations. Heraeus Photovoltaics, the worldwide leading supplier of metallization solutions to the PV industry has announced that the Taiwanese Intellectual Property Court decided to dismiss the infringement case of Heraeus against Giga […]

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Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

“Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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ABB TRIO-TM three-phase string inverter launched with power ratings up to 60kW

ABB TRIO-TM is suitable for both commercial and utility applications, and for both rooftop and ground-mounted installations, the TRIO-TM has been designed with flexibility in mind ABB added a new member to its TRIO family; the TRIO-TM – three-phase string solution with power ratings up to 60kW, for cost efficient large decentralized photovoltaic systems. The […]

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