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Gensol Engineering sets up US subsidiary, to supply 2,000 MW solar trackers – EQ

In Short : Gensol Engineering has established a subsidiary in the United States and plans to supply 2,000 MW of solar trackers through this new venture. This move is part of Gensol’s strategy to expand its footprint in the global renewable energy market, particularly in the rapidly growing U.S. solar sector. The subsidiary will help […]

SunSource Energy Wins ‘Solar Power Project of the Year-India’ at Asian Power Awards 2024 – EQ

Solar tracker maker FTC Solar’s shares jump 17% in Nasdaq debut

Shares of FTC Solar Inc jumped as much as 19% in their Nasdaq debut on Wednesday, driven by rising investor interest in companies expected to benefit from U.S. President Joe Biden’s green energy initiatives. The solar tracker system provider’s stock opened at $15.21, up from its $13 initial public offering price, valuing the company at […]

IRENA unveils partnership to accelerate renewable energy deployment in Central Asia – EQ

NEXTracker Expands Solar Tracker Offering with Launch of NX Gemini

Two-in-portrait system maximizes value on projects with challenging site conditions FREMONT, Calif.: NEXTracker, a Flex company, introduced today a new member of its smart single-axis solar tracker family—NX GeminiTM. The next-generation two-module-in-portrait (2P) tracker is optimized for customer sites with hard soils, challenging terrain, irregular parcel shapes and high-wind requirements. The combination of NEXTracker’s flagship NX HorizonTM and […]

NHPC gets shareholder nod to raise borrowing limit to Rs 40,000 cr

Solar tracker installations to surge across EMEA region as global deployments top 150 GWdc over next five years

Following a record year of shipments for PV tracking systems globally in 2018, IHS Markit forecasts more than 150 GWdc of PV tracking systems will be deployed from 2019 to 2023, accounting for approximately one third of ground-mounted PV installations during the period according to its upcoming Global PV Tracker Market Report – 2019. Key points: […]

Inauguration of first trilateral power transaction – from Nepal to Bangladesh through the Indian Grid – EQ