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PV industry

After Capacity Battle, Shifting Renewables’ Focus to Generation Key, Says REN21

Even though renewables added 83% of new power capacity in 2020, their share in global electricity generation increased by only 2.7%, shows a new report by REN21, a think tank and a multi stakeholder governance group focused on renewable energy policy. The Renewables 2021 Global Status Report finds that despite the impacts of the COVID-19 pandemic, renewable […]

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US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation

The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […]

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ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs

The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers.  According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […]

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NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor

In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor.  […]

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String Of Awards Recognise Solis at SNEC 2021 in China

Global string inverter major Solis received multiple awards at the International Photovoltaic Power Generation and Smart Energy Conference & Exhibition held at the 15th SNEC (2021), which concluded on June 5 in Shanghai, China. The company said that its innovative high current and high power inverters showcased the high quality customer experience, besides economical and reliable […]

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MNRE to Hold Webinars for 75 Weeks to Mark 75 Years of Independence

In a statement released yesterday, the Ministry of New and Renewable Energy (MNRE) said that it has been conducting a series of webinars on achievements in new and renewable energy since March 15, 2021. The purpose behind the webinars, which are to continue for 75 weeks since its beginning date, is the commemoration of 75 […]

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A Renewable PPA Pricing Tool From Pexapark

Zurich-based renewable energy company Pexapark has announced that it is launching a pioneering feature that accounts for a site and technology-specific production to its renewable energy PPA (power purchase agreement) pricing system named ‘PexaQuote’. The firm claims that PexaQuote currently supports developers and investors operating over 250GW of global renewable energy investments as the industry […]

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Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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Amit Jain takes Over As Global CEO At Sterling And Wilson Solar

India-based Global Solar EPC leader Sterling and Wilson Solar Limited (SWSL) / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced the appointment of Amit Jain as Global CEO. He succeeds Bikesh Ogra, who relinquished the position with effect from 31st May 2021. Ogra will continue as a Director on the Board of the […]

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