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US DOE to Pump $105.5 mn to Advance Solar Technologies

The US Secretary of Energy Rick Perry had announced this major funding opportunity to advance solar technologies and improve and expand the solar workforce. The United States Department of Energy (US DOE) will disburse up to USD 105.5 million in new funding to support innovative solar research. The US Secretary of Energy Rick Perry had announced this major […]

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United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings

Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […]

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Buy Abroad Diktat Doesn’t Worry India’s Solar Sector

India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […]

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MSEDCL does not have solar net meter: Report

It’s been more than a year now since the Maharashtra government passed rooftop solar policy; still the Discoms in the state doesn’t have net meters claims a report. According to TOI, consumers in the state have to buy net meters from the open market paying from their pocket. Net metering is a billing mechanism, it […]

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How micro-converters and power optimizers help solar panels make hay when the sun doesn’t shine

Everybody wants to get maximum benefit out of their purchase. And the want applies only too well for solar panels. Producing electricity using unconventional sources like sun, wind, geothermal or biogas hasn’t been an easy task. Apart from innovating on surface materials that converts these kinds of sources into electric current, there’s a host of […]

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Indian Renewable Energy Lending Up By 60%, Says CFA Report

The Centre for Financial Accountability (CFA) released its seventh annual Coal Versus Renewables Investment report today. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope of analysis this year to include corporate finance lending to companies engaged in coal power and mining in India. The report shows […]

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MNRE Denies RE Projects Failing To Secure PPAs

The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […]

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NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option

In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […]

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US Election May Lead To Hike In BESS Costs By 10%: Report

The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […]

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