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PM Surya Ghar: MNRE Clarifies On CFA Aid To Housing Societies

The Ministry of New and Renewable Energy (MNRE) has now tried to clarify on the Central Financial Assistance (CFA) support under PM Surya Ghar for housing societies. The ministry dded a clause to provide Central Financial Assistance (CFA) to residential consumers benefiting from the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), especially the Resident […]

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MNRE Asks Module Makers To Share DCR Data Since Jan 2024

The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […]

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Trina Solar, EGO Sign Pact To Boost Utility-Scale Projects In Italy

Trina Solar’s International Systems Business Unit, the utility-scale solar and battery storage project development arm of Trina Solar Co, Ltd, has signed a 15-year Power Purchase Agreement (PPA) with EGO, an Italian energy management company owned by the Shell Group. This contract encompasses nine projects, totaling 69 MWp located across various regions in Italy. These […]

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Credence, Krannich Partner To Supply MonoPERC & Topcon Modules

Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […]

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Rooftop Solar Can Increase Local Temperature, Says Research

A recent research showed that rooftop solar can raise temperatures during the daytime and lower them at nighttime. These findings were based on a city-wise simulation on photovoltaic solar panels on rooftops. The research indicated that the conventional photovoltaic solar panels may increase temperatures on hot days and lower them at night, said new modelling. […]

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MAHAPREIT and NTPC Sign RE Projects Worth 10 GW

NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […]

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Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India

Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores)  project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […]

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Hybrid Inverters Allowed Under PM Surya Ghar Scheme: MNRE

The Ministry of New and Renewable Energy (MNRE) recently released a document clarifying operational guidelines on the implementation of the PM Surya Ghar: Muft Bijli Yojana. The new clause widened the technologies included under the CFA offered to residential consumers. The new clause as per the latest document issued by the MNRE included additional technologies […]

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Chinese Provinces Seek To Build EV Momentum With Higher Incentives

China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […]

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