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Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case

Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […]

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Saatvik Solar Unveils 12 MW Single Rooftop Solar Project In Odisha

Solar module manufacturer Saatvik Solar recently announced the successful commissioning of a 12MW Rooftop Solar Project which it claims to be “Asia’s Largest” at a plate mill owned by Jindal Steel and Power Limited in Angul, Odisha. The project utilized Mono Perc 545Wp modules and has been commissioned on a Single tin shade roof. “This […]

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Arevon Secures $1.1 Billion Funding For California Solar And Storage Project

US-headquartered renewable energy developer Arevon Energy has announced that it has secured more than $1 billion in aggregate financing commitments for its Eland 2 Solar-plus-Storage Project in Kern County, California. The 374 megawatts (MWdc) solar project coupled with 150 MW/600-megawatt hours (MWh) of energy storage is under early-stage construction and is anticipated to come online […]

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Quantum Energy Partners With BatterySmart For 2-3 Wheeler EV Charging

Electric two-wheeler manufacturer Quantum Energy has announced that it has come into an alliance with a battery-swapping network Battery Smart with an aim to cater to two and three-wheeler electric vehicles. As per the official release by the firm, this collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ […]

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Solis Seminar-Enhancing Winter Performance: Inverter Management in Cold Weather

Background Navigating the challenges posed by winter conditions is crucial for photovoltaic systems, especially concerning inverters. In a recent Solis seminar, experts shared insights on optimizing inverter performance in low-temperature environments. Effects of Low Temperature on Inverter Operation: Voltage Fluctuations: Low temperatures elevate the open circuit voltage of PV modules, causing an increase in the […]

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MNRE Releases New Insurance Product List Covered Under IRDAI

The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […]

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NTPC Invites Bid for 26 MW Floating Solar Plant At Sipat Facility

NTPC has issued a tender inviting bids 26 MW floating solar project at the reservoir of NTPC Sipat. The bidding will take place in a single stage two envelop process including a techno-commercial bid and price bide followed by reverse auction. The last date for submitting the bid is 28 March and the bid will […]

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GIPCL Invites Bids For EPC Package For 500 MW Solar Project

Gujarat Industries Power Company Limited (GIPCL) has issued a tender inviting bids for a 500 MW solar power plant across the state of Gujarat. The tender is regarding the GIPCL selection process for the appointment of a contractor for the EPC Package along with the power evacuation system up to the GETCO substation for the […]

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RenewSys Ink MoU with Telangana For Rs 6,000 Crore Investment in Solar Manufacturing

Singapore-based integrated manufacturer of solar modules, RenewSys India Private Limited has signed a Memorandum of Understanding (MoU) with the Telangana government, regarding establishing several manufacturing units for Photovoltaic (PV) modules and PV cells within the state. The agreement is about a phased investment totaling Rs 6,000 crore, slated to extend until the financial year 2028. […]

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