Home » Daily Newsletter » India’s Solar Journey: 5 Speed Breakers On The Journey to 100 GW And Beyond
India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically,...
SJVN recently released a tender for the selection of hybrid power developers for setting up 1200 MW ISTS-connected wind-solar hybrid power projects in India. The tender mandates the hybrid power Developer (HPD) to set up a project that includes a transmission network up to the...
Months after the launch of the PM Surya Ghar scheme, several states have seen increased installation of rooftop solar systems (RTS). However, the three Indian states seem to have taken the lead in the country with the highest installation share in the country. These include-Gujarat,...
After a long gap, the stock market today saw positive growth, where the stock price of most solar energy companies moved upwards. On the lead, with 5% growth was KPI Green Energy. It was followed by Inox Energy and SJVN receiving 2.17% and 2.06% respectively....
Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe's recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR...
Indian Renewable Energy Development Agency Ltd. (IREDA) announced its audited financial results for the first quarter of fiscal year 2024-25 today. As the largest Pure-Play Green Financing NBFC in the country, IREDA achieved a new industry standard by publishing its Audited Financial Results within only...
Last week, the Spanish cabinet passed a regulation regarding the installation of floating solar PV (FPV) on reservoirs in the country. In a royal decree to notify the regulations, Spanish Ministry for the Ecological Transition and the Demographic Challenge (MITECO) moved ahead with regulations considered...
The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible...
BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian...
BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global...
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