Solar News

Brazil Installed Solar Capacity Touches 50 GW In 2024

Brazil’s solar installed capacity recently reached 50 GW according to new data from the Brazilian Photovoltaic Solar Energy Association (ABSOLAR). Of the cumulative capacity, the country secured 33.5 GW from distributed generation and 16.5 GW from utility-scale projects, The country now sources more than 95% of the capacity released this year from renewable sources. With […]

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Indian Oil Issues Bid For Solar Projects Across Rajasthan And Gujarat

Indian Oil Corporation (IOC) recently released a tender to build grid-connected solar projects without battery backup across three groups at various locations. These projects will be developed at various locations across Rajasthan and Gujarat.  Under the Western Region Pipeline (WRPL), the project is divided into three groups, spread across 34 locations. The tender said that […]

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CERC To Acme Solar-Complete 300 MW Solar Project After Paying Penalty

Ruling on a case involving Acme Solar and Central Transmission Utility of India (CTUIL), the Central Electricity Regulatory Commission (CERC) has allowed Acme Solar an extension on its delayed project in Rajasthan, with the provision of more damages in case it does not deliver a phased commissioning under the new deadlines. Petition Overview: ACME Solar […]

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COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers

So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […]

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Note From Europe- After Modules, Inverter Makers Need Protection Too

Solar Power Europe, the leading association for the European Solar PV sector, has turned ints attention to the threat to non-Chinese inverters majors in the developed world. In a statement held after an ‘exceptional’ meeting at Germany’s SMA, the board issued a statement calling for more support for the inverter makers who have faced increasing […]

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Gujarat, Maharashtra Top Beneficiaries Of PM-Surya Scheme Till Oct 24

The government this year approved the PM Surya Ghar: Muft Bijli Yojana to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. According to the latest parliamentary data, Gujarat saw the maximum growth in rooftop solar registrations, followed by Maharashtra and Uttar Pradesh. This growth contributes to the […]

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Green Stocks Nov 27: NTPC Green Lists, Stock Rises 8.74% Over Issue Price

Days after the launch of its Initial Public Offering (IPO), NTPC Green Energy today entered into the Indian stock exchange. While it opened at a price of Rs 111.5 per share, its price shot up to Rs 121.25. At the same time, the stock price of Adani Green, which was witnessing a plunge in its […]

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News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract

Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with  Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […]

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