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Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers

A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […]

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US Solar Module Manufacturing Soared 190% To 42.1 GW In 2024

In 2024, the United States witnessed an increase in the commercial solar segment with the addition of 2.1 GWdc of newly installed capacity. The company reported an 8% year-over-year increase in this segment compared to 2023, according to a Wood Mackenzie Report. US solar module manufacturing capacity also tripled. The US solar module manufacturing industry […]

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Jubilant Ingrevia, O2 Power Partner To Source RE For Manufacturing Facility

Jubilant Ingrevia, a globally integrated Life Sciences & Speciality Chemicals company, signed a power purchase agreement with O2 Power through its wholly owned subsidiary Jubilant Infrastructure Limited for its SEZ Bharuch Manufacturing Facility. The contract comes one year after carrying out the same exercise at its manufacturing facilities in Savli, Gujarat and Gajraula, Uttar Pradesh, […]

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India Must Aim For 600 GW Of Clean Energy By 2030: CEEW

India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […]

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SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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NGEL Invites EoI For 4 MW/12 MWh Solar Plus BESS Project In Great Nicobar

NTPC Green Energy Limited (NGEL), an NTPC subsidiary, has issued a tender to build a solar plant with a Battery Energy Storage System (BESS) at Great Nicobar Island (GNI), India. NGEL through this EoI targets building a tentative planned capacity of up to 5 MW for the solar plant with a BESS capacity of up […]

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Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers

Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […]

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Loom Solar Crosses Rs 150 Cr Milestone in Fy24, Profits Spike As Well

Solar energy solutions provider Loom Solar has managed around three-fold growth in its operating revenue during the last fiscal year. Significantly, the Faridabad-based company also tripled its profits in FY24. Loom Solar’s revenue from operations soared by 2.9X to Rs 151.5 crore in the fiscal year ending March 2024 from Rs 53 crore in FY23, […]

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KPI Green Energy Appoints Surinder Kumar Negi As New COO

Gujarat-based KPI Green Energy has appointed Surinder Kumar Negi as its new Chief Operating Officer (COO). Negi brings over four decades of experience in the power transmission, renewable energy, and infrastructure development sectors. He has previously held leadership roles at NTPC, POWERGRID, ALSTOM, Reliance Energy, Gujarat Energy Transmission Corporation (GETCO), and Skipperseil Ltd.  As Managing Director of […]

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