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World Bank

COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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Trina Storage Secures Position in BNEF Tier 1 List for Q1 2024

Trina Storage, an energy storage solution provider, has been included in the esteemed Bloomberg New Energy Finance (BNEF) Energy Storage Tier 1 List for the first quarter of 2024. BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and expertise. The BNEF list aims to clearly […]

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GameChange Solar Opens 2.5 GW Tracker Plant In Brazil

GameChange Solar (GCS), a leading global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants, announced the opening of a new factory, training, service, and technical support center exclusively for its Genius Tracker™ solar trackers in Feira de Santana, Bahia, Brazil. The Brazil factory, located in Feira de Santana, Bahia, started trial runs in […]

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Solar Boat Sails On Saryu River In Ayodhya In Testing Mode

A solar-powered electric boat has been introduced on the holy Saryu River marking a significant milestone in the country. Following the directives of Chief Minister Yogi Adityanath, the Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has outlined plans for the routine operation of this boat service in Ayodhya. The components and accessories of the […]

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14 Trends That Drove Change In RE Within 2023: IEA Analysis

The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […]

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Ayodhya To Be Adorned With Solar Trees As Ram Temple Consecration Approaches

What could better the illumination of Ayodhya with solar power as the consecration of ‘Suryavanshi’ Lord Ram is just weeks from here? Advancing the initiative to incorporate renewable energy sources extensively in the sacred city of Ayodhya, 42 parks will be illuminated using solar power. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) […]

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Floating Solar Demonstrator In Spain Promises Lower Costs

Recently, GCL SI and Ocean Sun announced the successful completion of the BOOST floating solar demonstrator. On December 14, 2023, the project culminated at the port of Tazacorte on La Palma in Spain, with an installed capacity of 270 kWp. BOOST showcases the utilization of the GCL MS/60GT Ocean Sun PV modules (“The Module”) and […]

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Solis Confirms Leadership Tier With Tier 1 Status In BNEF

Ningbo, China-based , Ginlong (Solis) Technologies, recognized as one of the foremost and largest inverter manufacturers globally, has ended 2023 with its inclusion in the  BloombergNEF Tier 1 PV Inverter Manufacturers list for the fourth quarter of 2023. For Solis, this noteworthy acknowledgment caps what has been a tremendous year for the firm in China […]

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Adani Group Announces Setting Up Of 30GW Green Energy Park In Gujarat

Gautam Adani, chairperson of Adani Group recently announced the launch of green energy park that is coming up in Gujarat, Rann of Kutch. In the announcement on X a social media platform he shared details of the upcoming green energy park of 30GW.  “Proud to play a crucial role in India’s impressive strides in renewable […]

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