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Solar Trackers Surge; Poised To Reach 37,196.86 MW Globally by 2031

As per a recent report by a US based market research firm, Transparency Market Research (TMR), the global solar trackers market is likely to reach an installed capacity worth 37,196.86 MW in another nine years. In 2020, the annual installed capacity of solar trackers stood at 6998.8 MW. By 2031, the annual installed capacity will peak […]

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Amara Raja Power Selects Nextracker to Supply Solar Trackers to NTPC’s Plant

NTPC’s Nokh Solar Project, which will soon be one of India’s largest solar parks, will use Nextracker’s award-winning solar trackers. Nextracker is the world’s leading provider of intelligent solar trackers and software solutions. The company recently announced the signing of a master supply agreement (MSA) with Amara Raja Power Systems Limited. This 1,850-hectare project, which […]

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Manufacturers Can Save Upto $5 Mn Per GW in Solar Projects With This Process

Atlanta-based firm, Solar Inventions, has shared that it has developed an architecture for PV cells and modules pertaining to PV cells and modules. The firm has said during the process of metalization, each cell can be divided electrically to make various or subcells on a single wafer. Further, the process, known as Configurable Current Cells […]

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In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding

Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […]

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US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA

A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […]

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Global Solar Installs On Course For 222 GW in 2022, Rethink Energy

Research firm Rethink energy reckons  global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […]

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Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security

Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […]

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Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power

India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […]

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MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender

The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder,  while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […]

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