Solar News

US Solar Installed Capacity Soars 71% In Q1 2024, Hits 200-GW Mark

US Solar Manufacturing Association (SEIA) recently reported setting a record 11 gigawatts (GW) of new solar module manufacturing capacity in the United States during Q1 2024. The organization claims this to be the largest quarter of solar manufacturing growth in American history. According to the US Solar Market Insight Q2 2024 report released by the […]

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Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project

UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by Octopus. According to Octopus, with this latest acquisition, the company […]

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KPI Green To Light Up 26.15 MW Solar Plant, With Order From 20 Textile Companies

Gujarat-based KPI Green Energy has received an order to develop a 26.15 MW solar power plant from an aggregation of textile firms in Gujarat. This order was received by KPI subsidiary, Sun Drops Energia, to develop the project under the captive power producer (CPP) segment. KPI has been particularly strong in the segment as an […]

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REC Trading At IEX Skyrockets, Sees 640% Growth In May

The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs.  IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […]

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Strong Show By Indian Manufacturers In KIWA PVEL 2024 Module Scorecard

The 2024 KIWA PV Evolution Labs (KIWA PVEL) module reliability scorecard is out. 2024 is the 10th edition of the widely tracked scorecard. Considered one of the leading global indicators of module quality, the scorecard this year features a record 53 manufacturers and 388 module types from across the world that have earned the right […]

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ReNew Results for Q4 And Full Fiscal Year 2024- Net Profit Rises To $50 Million

Nasdaq listed, Sumant Sinha led  ReNew Energy Global Plc , has announced its unaudited consolidated IFRS results for Q4 FY24 and year ended March 31, 2024. Operating Highlights: • As of March 31, 2024, the company’s portfolio consisted of ~13.5 GWs, of which ~9.5 GWs are generating revenue and ~4 GWs are committed, compared to […]

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Indian Oil, Sun Mobility To Build Battery-Swapping Network

SUN Mobility, an energy infrastructure and services provider for electric vehicles (EVs), announced a collaboration and a joint venture (JV) with Indian Oil, a diversified, integrated energy major to establish and deploy one of the largest battery-swapping infrastructure networks by 2030. The joint venture is expected to scale up to over 10,000 battery-swapping stations across […]

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Green Stocks June 5th: Companies Recover From Poll Result Jolt

A day after all the green companies suffered losses in their stock prices in the stock market, seemed to recover from the jolt today. Majority of the companies witnessed a rise in their stock prices compared to their plunged stock prices. The highest gain was seen in the stock prices of Adani Green. Adani Green […]

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Vestas Secures 124 MW Wind Turbine Order In Lithuania

Vestas has received a 124 MW order for a wind energy project in Telsiai, Lithuania. It will deliver 20 V162-6.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines. The order was placed by Utilitas Wind and Latvenergo AS. Upon completion, Vestas will service the turbines throughout their life cycle […]

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