Solar

NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project

NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […]

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After Aborting Module Making Plan, Coal India To Expand RE Production

India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […]

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Global RTS Achieves 15% Growth In 10Yrs, Hits 105 GW: CEEW

The global transition to solar photovoltaic (PV) technologies, particularly distributed solar or rooftop solar (RTS), is playing a pivotal role in helping economies like India, China, the US, Japan, and Australia meet their net-zero targets. A recent study by CEEW, “Global Perspectives on Rooftop Solar Energy A Deep Dive on How Leading Economies Advance Rooftop […]

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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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REI 2024 To Be Bigger Than Ever With a Strong Domestic Presence: Julian Thomas

Can you provide an overview of what attendees can expect at REI Expo 2024 and how it differs from previous editions? The REI Expo aligns with national and international renewable energy goals, supporting government initiatives aimed at increasing the share of renewables in the energy mix and achieving sustainability targets. The Expo brings together stakeholders […]

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India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25

India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […]

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As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules?

With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […]

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L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment

Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […]

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Solar Generation In India Improved In FY24: Fitch Ratings

In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […]

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