SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021
SMA Solar Technology AG, a German solar equipment supplier, recorded revenue of €221 million (~$232 million) in the first quarter (Q1) of 2022, a year-over-year (YoY) decline of 8% from ...
Deadline for BIS Certification of Solar Inverters Extended to December 31, 2021
The Ministry of New and Renewable Energy (MNRE) has issued a fresh notification extending the self-certification of solar photovoltaic (PV) inverters from June 30, 2021, to December 31, 2021, subject ...
Daily News Wrap-Up: EBRD Loans ~$72.36 Million For Wind Farms in Poland
Here are some noteworthy cleantech announcements of the day from around the world: The European Bank for Reconstruction and Development (EBRD) has lent PLN275 million (~$72.36 million) to Poland for ...
Is Customs Duty Hike Sufficient to Incentivize Domestic Manufacture of Solar Inverters?
In the Budget 2021, the Finance Minister proposed to raise the customs duty on solar inverters from 5% to 20% and on solar lanterns from 5% to 15% to encourage ...
TNERC Clarifies Single/Three-Phase Inverter Usage in Rooftop Solar Systems up to 4 kW
Tamil Nadu Electricity Regulatory Commission (TNERC) heard a petition filed by the Solar Energy Developers Association, Salem, seeking clarification on 'Low Tension (LT) Connectivity' covered in the 'Order on Rooftop ...
Mercom’s Webinar to Discuss the Impact of Solar Inverters on Project Performance
Technological innovations in the field of solar have been pivotal in its rising popularity and expansion globally. Besides advancements in solar PV technology, innovations in solar inverters also affect the ...
Mizoram Floats Tender for 10 MW of Solar Projects
The Power and Electricity Department (P&ED) of Mizoram has floated a tender for 10 MW of grid-connected solar PV power projects at various locations in the state. The project will ...
TUV Rheinland’s Bengaluru Lab to Test Solar Inverters and Converters for BIS Certification
TUV Rheinland’s solar photovoltaic testing laboratory located in Bengaluru has been recognized by the Bureau of Indian Standards (BIS) under the Compulsory Registration Scheme (CRS) to conduct testing of power ...
New Deadline for BIS Certification of Solar Inverters Set for June 30, 2020
The Ministry of New and Renewable Energy (MNRE) has issued a notification which states that the deadline for the self-certification of solar inverters has once again been extended by six ...
ABB to Quit Solar Inverter Business, FIMER to Take Over
Switzerland-headquartered ABB and Italian company FIMER have signed an agreement under which FIMER will acquire ABB’s solar inverter business. The transaction is expected to enhance the prospects of the solar ...
DISCOMs Should Have a Defined Timeline for Installing Grid-Tied Solar Inverters: Interview
There has been a lot of talk lately echoing the sentiment that the next big market in India at the residential level will be solar integrated with power back-up technology ...
Top Eight Inverter Manufacturers Account for 96 Percent of India’s Solar Inverter Market
The top eight inverter manufacturers account for 96 percent of solar inverter market in India, led by ABB with 22 percent, followed by SMA Solar with 18 percent. To date, ...