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New Solar PLI Scheme Changes

Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […]

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Tata Power, Enviro to deploy EV charging points in Gurugram, Haryana

Tata Power has collaborated with Enviro, the facility management wing of the NCR-based real estate developer Vatika Group, to install 59 EV charging points at its properties across Gurugram, Haryana. The EV chargers will be installed at 18 locations across the properties of Vatika Group in Gurugram. These chargers will be made available as Public […]

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Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India

Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […]

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US Solar manufacturers raise potential of 30GW mfg capacity for Biden Administration

It seems to be the season for solar manufacturers across countries to expect more. After India, it is the Solar Energy Manufacturing for America (SEMA) Coalition that sent a letter to President Joe Biden requesting the United States President to enact policy solutions basis so that the domestic solar manufacturing can sustain in the long […]

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Florida House sends governor contentious bill to end solar net metering

The Florida Legislature has passed bills Florida SB 1024 and HB 741, which will slash off incentives associated with installing rooftop solar panels and curb net metering. The process of net metering provides system owners with the opportunity to gain extra revenue by selling their excess power to the grid while also making up for shortfalls […]

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SJVN to Build 400 MW Solar Park in Himachal’s Kinnaur region

The state government of Himachal Pradesh is planning to set up a solar power park in Kinnaur district in a quest to expand the renewables share in the energy basket further. The State MPP and Power Minister Sukhram Chaudhary has informed that a proposal to seek consent has been sent to the Central government. The […]

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Mass-Production ready 28.7% efficient solar cell fabricated in Germany

Q CELLS, a total energy solutions provider in solar, energy storage, downstream project business and energy retail, claims to have set a new world-record tandem cell efficiency of 28.7% in collaboration with researchers at Helmholtz-Zentrum Berlin, a German research centre, using a Q.ANTUM-based silicon bottom cell in combination with a perovskite-based top cell. Q CELLS’ […]

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Resurgent Power Ventures Pte Ltd Gets UP Power firm through IBC process

Tata Power backed Resurgent Power Ventures has been selected for takeover of the South East UP Power Transmission Company Limited (SEUPTCL) by the resolution professional handling the case of the bankrupt transmission firm.  A Letter of Intent (LOI) selecting Resurgent Power Ventures Pte Ltd (Resurgent) has been issued under the  Insolvency and Banking Code (IBC)proceedings, […]

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Macquarie Acquires France based Reden Solar for $2.7 Billion

In a major development in the RE sector, France’s independent power producer (IPP) Reden Solar has been acquired by a consortium led by Macquarie Asset Management for an enterprise value of $2.7 billion. Reden Solar is one of the leading developers, builder and operator of solar photovoltaic (PV) power plants from France. At present the […]

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