Solar News

Green Stocks Sep 11: Suzlon, Borosil Renewables Hold Up On A Rough Day

On a day when the market was down almost 0.5%, green stocks in our list suffered disproportionately, victims of their own success in the previous few months. The market has been nervous, and news lined to any move on the policy front or order front has been the usual trigger for these stocks. Today, there […]

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APTEL Refuses To Provide Relief To ReNew In 300 MW Wind Project

The Appellate Tribunal for Electricity, in an order dated September 10, has ruled on a case involving ReNew (through ReNew Naveen Urja Private Limited) and SECI , and by extension, CERC. Case Overview: Renew Naveen Urja Private Limited (Appellant) vs. Central Electricity Regulatory Commission (CERC) & Solar Energy Corporation of India Limited (SECI). ReNew  sought […]

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Tamil Nadu Seeks To Boost Wind Power With New Repowering Policy

Tamil Nadu, which already has around 10 GW of installed capacity of wind energy is now aiming to given an impetus to its wind sector. With an aim to spur the growth of wind energy in the southern state, the Tamil Nadu Green Energy Corporation Limited has now notified its Wind Repowering Policy. As per […]

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Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years

United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […]

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DNV Launches New Service Against Hail Risk To Solar Modules

DNV, the independent energy expert and assurance provider, today launched a new service to provide solar photovoltaic developers actionable, verified assessments of large hail risk across North America. DNV has partnered with Jupiter Intelligence, a climate risk analytics firm, to leverage its gold standard climate science for a first of its kind, robust statistical approach […]

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India Added 9 GW Of New Renewable Capacities Since April 2024

India’s renewable energy capacity reached 152.65 GW by the end of August 2024, according to the latest data from the Ministry of New and Renewable Energy (MNRE). The data highlights new solar and wind energy project additions during the month. In August alone, India added 2,224 MW (2.22 GW) of solar capacity and 116.9 MW […]

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Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition

Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […]

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MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […]

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Chinese Provinces Seek To Build EV Momentum With Higher Incentives

China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […]

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