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10% PV Installations Will Incorporate Storage Within a Decade: DNV Report

DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […]

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TopCon Technology: The Next Big Thing in Solar Module Manufacturing

A latest report by the National Renewable Energy Laboratory (NREL) says that TopCon solar cells have achieved up to 28% conversion efficiencies, surpassing traditional solar cells’ efficiencies. And we are here to witness the evolution. The solar industry to improve and evolve has been witnessing rapid advancements in technology which is mainly aiming for efficiency […]

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Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000

Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […]

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RE Generators Selling Power At Power Exchanges Can Issue REC: CERC

In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges.   The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […]

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Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing

Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […]

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India Had No Offshore Wind Capacity Installation As Of May 2023: GWEC

The ‘GWEC Global Offshore Wind 2023’ report cites that for fulfilling demand for large offshore wind, and turbine installation of vessels requires trained workforce with adequate operational knowhow for regional cooperation in the APAC Asia–Pacific region. The study finds that its timely deployment will foster cooperation especially in new markets such as India, the Philippines, […]

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MERC Allows Tata Power Extension On SCOD For Its Hybrid Plants

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Tata Power Green Energy (TPGEL) extension on its Scheduled Commercial Operation Date (SCOD) for two solar-wind hybrid projects. It included the 225 Megawatt (MW) hybrid project at Bikaner district in Rajasthan and a 98.05 MW hybrid plant in Maharashtra.  The hybrid renewable energy generator […]

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NLCIL Wins its Largest Renewable Energy Project of 810 MW in RRVUNL Tender

CPSU under the administrative control of the Ministry of Coal, NLC India Limited (NLCIL), has emerged as a successful bidder for 810 MW grid connected solar photovoltaic power projects in a tender floated by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The said capacity is to be set up in 2000 MW Pugal Solar Park […]

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Genex Lands Solar Plus Storage Deal of 337.5 MW with Fortescue

Genex Power, which develops projects for renewable energy generation and storage across Australia, will be developing a 2 GW multi-stage Bulli Creek solar and battery project in Queensland. The Australian firm has joined hands with the green energy arm of Fortescue Metals Group for the project for a period of 25 years. The Bulli Creek […]

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