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Soltec, Fraunhofer ISE Build New Prototype For Concentrating PV

Soltec, a vertically integrated solutions provider in the photovoltaic solar energy sector, specializing in the manufacturing of solar trackers for large-scale projects, has partnered with the Fraunhofer Institute for Solar Energy Systems ISE to develop a new prototype consisting of a two-axis tracker for concentrating photovoltaic applications. This project, led by Fraunhofer ISE, aims to […]

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South America Could Become Next Frontier For Offshore Wind

South America, for long the forgotten continent in solar and wind energy until the early 2020s, is playing catch up finally. Even as large solar projects have been the preserve of Brazil and Chile until now, when it comes to wind, it is offshore wind that is promising some major changes. The largest country in […]

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UPERC Proposes To Change Eligibility Criteria For Open Access

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now come up with a new draft regulation to bring amendments to its Open Access Rules of 2019. It has asked the stakeholders to submit their responses to the draft regulations by August 29, 2024. The state power regulator, in its latest draft regulation has proposed to […]

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Oman Attracts 10 GW Module/Cell Facility From Q-Sun

Countries in West Asia continue to focus on solar capacity as well as manufacturing with some success. The latest to join the manufacturing bandwagon in the sun drenched region is Oman, where Chinese solar manufacturer Q-Sun Solar has signed a deal to develop a 10GW n-type solar module and cell manufacturing facility. According to Q-Sun, […]

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PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push

The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […]

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Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank

Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […]

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JSW Energy Reports 80% Rise In Net Profits In Q1

JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […]

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Budget 2024: CareEdge Ratings Bats For More Support For Renewables

CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman.  CareEdge in its report talked about the need […]

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What The Renewable Industry Expects From Union Budget? 

Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […]

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