Inverter manufacturer Fimer provided its PVS980-58 central inverter solution for the project, which will derive 35% of its energy from solar PV.
The company has bagged an order from state-run Chittaranjan Locomotive Works to supply transformers for locomotive engines.
The Japanese brand has closed the initial $6.85 billion purchase price for 80% of the Power Grids business that was owned by ABB. The buyer will have the option of purchasing the outstanding shares in 2023.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
An Italian consortium has developed a panel recycling process it claims can recover up to 99% of raw materials. The developers claim their technique takes only 40 seconds to fully recycle a standard panel, depending on size and recycling site conditions.
The company has warned shareholders about the potential affect of the virus on its operations in the first half of the year but said Chinese operations had almost returned to normal.
Italian inverter maker Fimer has completed its purchase of ABB’s manufacturing and R&D sites in Finland, India and Italy, along with 800 employees in 26 countries. Fimer said the combined business will ship more than 7 GW of inverters this year.
The Swiss-headquartered technology corporation is restructuring, stirring up the figures. That effect was amplified by acquisitions and sell-offs last year with ABB announcing in July it would hand over its inverter business to Italian company Fimer.
Storage has long been expected to be the handmaiden of a renewable energy world and its long awaited advances started to finally emerge in the third quarter as researchers posited R&D achievements ranging from potentially potent tungsten disulfide nanotubes to the business case for 10-year solar panels.
Swedish company Exeger says the dye-sensitized ‘light-harvesting material’ it will produce at its facility will generate enough power to prevent the need to recharge portable electronic devices, lengthening battery lifespan perhaps indefinitely.
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