Solar News

SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others

SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […]

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West Bengal Proposes A Ceiling Tariff For Small Renewable Projects

The West Bengal Electricity Regulatory Commission (WBERC) has now released its draft regulations to govern the tariff determination in the state for different forms of electricity generation. The new draft regulations have been named WBERC (Modalities of Tariff Determination) Regulations 2023. The Commission has asked the public and the stakeholders to send their comments on the draft […]

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Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report

A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report.  The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […]

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Govt Orders Modification of Tender Documents For ISTS Projects

The Ministry of Power, in its latest notice, ordered a revision of the Standard Bidding Documents for procurement of power under the Inter-State Transmission Services (ISTS), done through tariff-based competitive bidding (TBCB). These documents often comprise the Request for Proposal (RfP) and the Transmission Services Agreement (TSA). The ministry justified the new amendment by citing a […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices–Though the reduction in the component prices […]

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Europe’s Solar Firm Alight Signs PPA With Axfood To Build Sweden’s Largest Solar Park 

Europe’s solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Sweden’s largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in […]

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Gujarat Issues Draft Tariff Determination Norms For Solar-Wind Hybrid Projects

The Gujarat Electricity Regulatory Commission (GERC) has now come up with a discussion paper to develop a tariff framework for the procurement of power from wind-solar hybrid projects. It is applicable for wind-solar hybrid projects and such projects with storage too. It has asked the stakeholders and public to comment on the draft proposals by the end […]

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Fred. Olsen 1848 Unveils Bolette: A Solution for Wave-Resilient Floating Solar

Oslo, Norway based renewable energy company, Fred.Olsen 1848, has launched an innovative solution called Bolette, designed to unleash the potential of near- and offshore floating solar installations by enabling PV modules to move independently and effortlessly. Bolette tackles the primary challenge faced by floating solar, namely the combined impact of high wave loads and strong […]

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Israel’s Big Move- Mandatory Rooftop Solar Panels

With a lot of sun-hours, yet too little space, Israel faces an obvious challenge to build large utility scale solar.  To support the growing population and at the same time meet its goal of using a 30 per cent renewable share in total electricity capacity by 2030, Israel will soon require all new non-residential buildings […]

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