Hanergy’s net profit surged to HKD 5.2 billion
Hanergy Thin Film Power Group released its annual results for the 2018 fiscal year. As per the company’s recent annual report, the group's revenue from contracts with customers in 2018 reached HKD 21.3 billion, approximately ramping up by 2.45 times compared to 2017.
Expect the market to witness all-round growth
Delhi-based battery manufacturer Anshul Gupta, Director, Okaya Power says he is committed to launching products for the mass market. He feels that the ability to manufacture at full capacity, availability of low-interest loans and restrictions on cheap imports will provide a boost to the storage segment in India.
India poised to become a leading hub of energy technologies
Even as Eastman Auto & Power is promoting its tubular gel battery as a homemade cost-effective solution for the AGM VRLA and Li-ion batteries, Saurabh Srivastava, President, Marketing and Product Strategy predicts that the new policies and ongoing investments could turn the country into a leading global energy technology hub.
Solar Power: Solving Water Scarcity!
India is a tropical country blessed with ample sunshine even during the monsoon months. Many parts of the country are also blessed with plentiful rainfall; yet, there are many other parts that suffer from severe water scarcity.
18% GST will hit PPPs that are already signed
Pushed by factors like declining tariffs and higher costs, significant changes have happened over the past decade in the engineering, procurement and construction (EPC) sector pertaining to the solar power industry, says Sunil Rathi, Director, Waaree Energies.