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benefits of solar energy

Tata Power Plans to Add 2.5 GW of Solar Power In FY24

Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […]

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Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand

The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan.  MSEDCL has planned to procure 7,000 MW of solar […]

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The Top 5: Improbable Energy Storage Possibilities Turned into Reality

The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there […]

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Five Indian States Take 87% Of PM-KUSUM Benefits

Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme.  The statistics up to June 30, 2023, claimed that India installed […]

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China Brings Together Solar, Salt & Shrimp to Introduce One-of-a-Kind Power Station

China has introduced the world’s Largest Salt-Light Solar Power Station, which brings together solar energy with salt production and shrimp farming. The solar plant in Tianjin, China, is constructed on a gigantic salt farm. The project employs double-sided solar panels (bifacial solar panels) to absorb sunlight above as well as the sunlight reflected by the […]

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Santander CIB Supports ib vogt Green Energy Vision with EUR 350 Million Financing

International solar developer ib vogt and Santander Corporate & Investment Banking (Santander CIB) have closed a EUR 350 million financing to further accelerate the buildout of projects intended for ib vogt’s long-term asset ownership, the company statement revealed. ib vogt plans to use the fresh capital for financing the construction of projects sourced from its […]

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Meyer Burger Expands ‘Made in USA’ Solar Cells with 2 GW Colorado Springs Facility

Switzerland-based heterojunction solar panel maker Meyer Burger Technology AG recently unveiled plans to set up a high-performance solar cell manufacturing facility in Colorado Springs, Colorado. The establishment will have an initial production capacity of 2 gigawatts (GW) of solar cells per year. Meyer Burger intends to use solar cells manufactured in the new plant exclusively […]

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GSC Terms G20 Energy Transitions Meet In India A ‘Missed Opportunity”

The Washington DC registered Global Solar Council (GSC), has been left unimpressed by the lack of progress made at Goa, India in the G20 meetings under the Energy Transitions Working Group. Belying hopes of urgent action to deploy the renewable energy capacity needed to stay on a 1.5C pathway GSC claims that the outcomes of […]

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