Daily News Wrap-Up_ Apple to Expand its Renewable Energy Portfolio in Europe

Daily News Wrap-Up: Apple to Expand its Renewable Energy Portfolio in Europe

Here are some noteworthy cleantech announcements of the day from around the world: Global technology giant Apple announced that it would invest in two onshore wind turbines near the Danish ...
/ / Other, Renewable Energy
Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow, a solar inverter manufacturer, reported that its revenue increased by 55.57% year-over-year (YoY). In the first half (1H) of the financial year (FY) 2020-21, its revenue inched up to ...
/ / Markets & Policy, Solar
Daily News Wrap-Up_ Sungrow to Supply Inverters for a 900 MW Solar Project in Dubai

Daily News Wrap-Up: Sungrow to Supply Inverters for a 900 MW Solar Project in Dubai

Here are some noteworthy cleantech announcements of the day from around the world: WAAREE Energies Limited, a Mumbai-based solar panel manufacturer, said it received an order worth $105 million to ...
/ / Other, Renewable Energy
Daily News Wrap-Up: SunPower Completes Maxeon Spinoff, Tata Sends EVs to AYUSH Ministry

Daily News Wrap-Up: SunPower Completes Maxeon Spinoff, Tata Sends EVs to AYUSH Ministry

Here are some noteworthy cleantech news and announcements of the day from around the world: SunPower and Maxeon Solar Technologies announced that they have completed the strategic transaction, announced last ...
/ / Other, Renewable Energy
Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019

Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019

In the calendar year (CY) 2019, Huawei, emerged as the lead supplier of inverters to the Indian solar market overall, followed by Sungrow and TBEA Energy. ABB and TMEIC rounded ...
Solar Inverter Supplier Sungrow Reports 25.4% Rise in Revenue in 2019

Solar Inverter Supplier Sungrow Reports 25.4% Rise in Revenue in 2019

Sungrow, a China-based solar inverter manufacturer, has reported that its revenue increase by 25.4% to $1.864 billion (~₹140.43 billion) in the fiscal year 2019, up from $1.572 billion (~₹118.44 billion) ...
Sungrow Signs Strategic Agreement with Avaada for 650 MW of Upcoming Solar Projects (1)

Sungrow Signs Strategic Agreement with Avaada for 650 MW of Upcoming Solar Projects

Sungrow, a global inverter supplier for renewable projects, announced that the company had signed a 650 MW strategic agreement with Avaada Energy to supply 1,500 V inverter solutions for its ...
/ / Solar, Utility Scale
NTPC Invites Bids for a 23 MW Solar Inverter Package for Solar Project in Maharashtra

NTPC Invites Bids for Solar Inverter Package for a 23 MW Solar Project in Maharashtra

The National Thermal Power Corporation (NTPC) has invited bids for a solar inverter package of 23 MW for a solar power project at Solapur in Maharashtra. The scope of work ...
Component Manufacturers in Renewable Industry Need More Support

Component Manufacturers in Renewable Industry Need More Support: Sungrow Interview

Solar inverter manufacturers have not had the easiest of times in the Indian market lately, given an uncertain policy environment and rising competition from foreign players. The ambiguity of the ...
TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

In the first half of 2019 (1H 2019), TMEIC emerged as the top supplier of solar inverters to the Indian market with a market share of approximately 20% while Sungrow ...
Top 5 Chinese Inverter Companies Account for 36% of Total Exports

Top 5 Chinese Solar Inverter Companies Account for 36% of Total Exports

In the first half (1H) of 2019, the top five solar inverter manufacturers in China accounted for 36.44% of inverter exports globally from China according to the latest trade data ...
/ / Markets & Policy, Solar
ABB, Sungrow, and Huawei Were Top Solar Inverter Suppliers in 2018

ABB, Sungrow, and Huawei Were Top Solar Inverter Suppliers in 2018

ABB was the top supplier of solar inverters to the Indian market for calendar year (CY) 2018 as well as cumulatively, according to Mercom’s India 2019 Solar Market Leaderboard. The ...
Dai Hai Power Developing a 100 MW Solar Project in Vietnam

Dai Hai Power Developing a 100 MW Solar Project in Vietnam

Dai Hai Power is developing a 100 MW solar photovoltaic (PV) project near the northwest of Buon Me Thuot City in Vietnam. The project is settled on brownfield sites, which ...
/ / Markets & Policy, Solar
EBRD to Provide €31 Million Loan for 30 MW Solar Project in Kazakhstan

EBRD to Provide €31 Million Loan for 30 MW Solar Project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) will provide a €31 million ($35 million) loan to Nomad Solar LLP for the construction and operation of a 30 MW solar PV ...
/ / Markets & Policy, Solar
Sungrow Opens 3 GW Solar Inverter Manufacturing Unit in India

Sungrow Opens 3 GW Solar Inverter Manufacturing Unit in India

Sungrow, a global inverter and energy storage system (ESS) solutions supplier for renewables, has inaugurated its solar inverter manufacturing unit in Bangalore. The facility will be of 3 GW capacity ...
Interview: A Cheaper Inverter is Not Always a Better Option for Solar Projects

Interview: A Cheaper Inverter is Not Always a Better Option for Solar Projects

For solar project developers in the country, the decision to choose one inverter over the other is becoming increasingly difficult, given the rapid expansion of the segment, and numerous entrants ...
ABB, Sungrow and Huawei Named Top Inverter Suppliers for the Indian Solar Market in 2017

ABB, Sungrow and Huawei Named Top Inverter Suppliers for the Indian Solar Market in 2017

In India, there are over 30 inverter suppliers meeting the demands of the rapidly-growing solar market. In 2017, the top ten solar inverter suppliers accounted for over 85 percent of ...
Sungrow Enters Indian Market with 3 GW Inverter Manufacturing Facility in Bengaluru

Sungrow Enters Indian Market with 3 GW Inverter Manufacturing Facility in Bengaluru

Sungrow, a global inverter manufacturer and supplier, is going to strengthen its global delivery capability by establishing a new factory in Karnataka’s capital city of Bengaluru. The new manufacturing facility ...