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Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project

Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […]

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Saatvik Solar Secures Position As Kiwa PVEL Top Performer

Saatvik Solar, the Indian solar PV module manufacturer, has been recognised as a “Top Performer by PV Evaluation Labs (Kiwa PVEL) in the PV Module Reliability Scorecard, for their High-Efficiency Mono–Bifacial Half Cut PV modules. Saatvik Solar PV modules underwent testing at  Kiwa PVEL over a year, where they were subjected to various extreme conditions. […]

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Solis Gears Up To Unveil Pioneering Inverter Solutions at SNEC and Intersolar Europe

With two of the world’s biggest PV shows this month, its hectic time at  Ginlong (Solis) Technologies, the world’s third largest PV inverter manufacturer. Solis, which has leapfrogged into the global top 3 post 2022, is showcasing its cutting-edge storage and inverter solutions at SNEC (Shanghai, June 13 – 15) and Intersolar Europe (June 19 […]

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SaurEnergy Explains: Why Is PVEL Scorecard Important For Indian Manufacturers?

PV Evolution Labs (PVEL), an autonomous testing facility catering to the downstream solar industry and affiliated with the Kiwa Group, has released its newest PV Module Reliability Scorecard. The latest edition of the annual scorecard highlights 388 model types of PV modules from 53 manufacturers as Top Performers in PVEL’s rigorous testing. This year’s list […]

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News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo

Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […]

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Kiwa PVEL’s Scorecard: Adani Solar, Waaree Maintain Top Positions

Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group and Waaree Solar have been been recognized as a Top Performers in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is a leading independent laboratory serving the downstream solar industry. Their annual Scorecard highlights manufacturers that have produced PV […]

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How Chinese Solar Glass Dumping Triggers Price War In India?

The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government.  The decision to impose such a duty has been shifted to September 2024 which was […]

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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […]

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How QCell Can Make Solar Module Production Sustainable?

Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation of solar energy primarily depends on the solar panels. However, […]

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