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ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand

In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […]

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US Could Usher Over 90 GW Wind Installations By 2028: US Wind Watch

A latest study release entitled, the ‘US Wind Watch’, has been released by Wood Mackenzie and  the American Clean Power Association. The report reflects on the surge in offshore wind projects, the revival of onshore markets, and the booming repowering sector. Estimates on Wind Installations  The study estimates more than 90 GW of wind energy […]

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Sungrow Unveils Residential Inverter Built with Recycled Material at REI 2023

Sungrow, an inverter and energy storage system supplier, has released its new residential single phase PV inverter SG5.0RS-L at REI 2023. Sungrow claims that its SG5.0RS-L delivers blazing-powerful performance in an ultra-light weight design. At the same time, its redesigned light weight cover increases corrosion resistance and lightens the installation. Eco-Conscious The new residential hybrid inverter SG5.0RS-L […]

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Waaree Group Inaugurates 715 Wp Module at REI Expo 2023

Waaree Group, solar energy solutions provider, is showcasing its presence at the REI Expo 2023. The firm’s booth was inaugurated by Hitesh Doshi, Chairman and Managing Director of Waaree Group, and renewable energy industry leader, Dan Shugar, Founder and CEO of Nextracker. Nextracker is an energy solutions company, delivering solar technology for future generations. During […]

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Australian Battery Recycling Start up Renewable Metals Scoops Up $8 Million

Perth-based firm Renewable Metals has raised an AUD $8 million in funding from the Clean Energy Finance Corporation (CEFC), to scale up its battery recycling technology. Lithium ion battery recycling has been a focus area for many startups around the world, as the case is extremely strong on both environment and economic grounds, thanks to […]

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Havells Launches Dual Mode Micro Inverter With Four US Patents

On day 2 of the REI 2023, Havells India Limited, a Fast Moving Electrical Goods (FMEG) company, on Oct 5, unveiled the Dual Mode MicroInverter (DMMI), backed by four US patents. The firm claims that this innovation could transform the solar power industry by addressing key limitations associated with traditional inverters and microinverters. DMMI is […]

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Inverter Firm SOFAR Launches PV & ESS Innovations at REI 2023

SOFAR, a provider of all-scenario PV & ESS solutions, drew attention by showcasing its solar and storage solutions at Renewable Energy India (REI), held at Greater Noida from October 4 to 6. New Inverter Launched Currently, utility segment contributes to the major growth of the Indian RE industry. The firm unveiled its 350kW inverter PowerMega […]

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Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions

Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […]

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