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solar power energy

Australia Sees Record-Breaking Clean Energy Investment Since 2018

Clean Energy Council released its Q4 2024 Quarterly Clean Energy Investment Report, Large-Scale Renewable Generation and Storage, indicating that 2024 was best year for large-scale renewable energy investment in Australia since 2018. The island nation attracted about USD 9 billion in total capital investment in 2024. In total, 4346 MW of new generation capacity, worth […]

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India Adds 18.5 GW Of New Solar Capacity In 10 Months Of FY25

India’s solar energy capacity continues to rise strongly, with a strong 2.5 GW addition in January as well.  The latest data from the Central Electricity Authority (CEA) revealed that India added 18.5 GW of new solar capacities in the current fiscal, since April 2024. This is a 147% growth in new solar power additions yearly […]

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Government Confirms 25 GW Solar Cell Capacity Among Nine Firms In India

India at present has around 25 GW of installed solar PV cell manufacturing capacity, according to the Solar PV Manufacturers Associations, the All India Solar Industries Association (AISIA) and the North India Module Manufacturer Association (NIMMA). The data was shared by  Pralhad Joshi, the minister of New and Renewable Energy And Consumer Affairs & Food […]

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ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal

India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion).  ONGPL has signed a share purchase agreement with the current stakeholders National […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Clean Energy Financing: Are We Investing Enough?

Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […]

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MNRE Sets Norms For Solar Cold Storage With Thermal Energy Backup

The Ministry of New and Renewable Energy (MNRE) has established design, performance, and testing standards for Solar Cold Storage systems equipped with Thermal Energy Storage (TES) backup. These systems primarily operate on solar photovoltaic (PV) energy, providing a sustainable solution for preserving agricultural, fishery, dairy, and pharmaceutical products. The new regulations set performance requirements by […]

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Solar Developer Gets Relief At APTEL On SCOD Extension

Solaire Urja Private Limited, a Pune based solar developer appears to have got some much needed relief at APTEL, after the Appellate Tribunal chose to go with the developer’s contention on a case that was gone the other way at CERC. Case Overview: Solaire Surya Urja had gone to APTEL to challenge the order by […]

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Canadian Solar To Deliver 960 MWh ESS In Australia

Canadian Solar has announced that e-STORAGE, a part of its subsidiary CSI Solar Co., Ltd. (CSI Solar), has signed a contract with Copenhagen Infrastructure Partners (CIP). This agreement, made through CIP’s fifth fund, Copenhagen Infrastructure V, is for the delivery of a 240 MW/960 MWh battery energy storage system in Summerfield, South Australia. e-STORAGE, a […]

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