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solar power energy

20% Of Global Power On Summer Solstice Came From Solar: Report

Energy think-tank Ember estimates that today, across the midday peaks on the summer solstice – 20% of the world’s electricity will come from solar, up from 16% last year.  “At 20% share, solar is now a serious global electricity source,” said Kostantsa Rangelova, electricity analyst at Ember. “ Battery costs have collapsed, meaning solar power […]

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Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […]

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News Briefs June 21- Nextracker, Sembcorp, German Solar Target

Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […]

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Waaree, Loom Solar Aim To Lead In Direct Sales Of PV Panels To Consumers

Editorial Note: The copy earlier mentioned that Adani Solar is set to sell solar panels to consumers through its recently opened center in Bangalore. This is to clarify that the Bangalore center of Adani Solar was meant only for consumer awareness and not for direct sales to consumers. Reference to Adani Solar in the story […]

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Top 5 Non-Chinese Solar Inverter Manufacturers

A Solar inverter is one of the crucial components of solar panel systems, which converts the direct current (DC) generated by solar panels into alternating current (AC), which is suitable for powering household appliances, businesses, and the electrical grid. Needless to say, the solar inverter market growth is analogous to the growth of solar power […]

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InterSolar Europe: Gautam Solar To Flaunt Its TOPCon Bifacial Panels

Indian solar module manufacturer Gautam Solar is going to showcase its n-type TOPCon Solar Panels at Intersolar Europe 2024 to be held in Munich, Germany from 19th to 21st June, 2024. Gautam Solar’s latest line of Solar Panels is available in power range of 580 Wp – 590 Wp and feature 144 Half-Cut Cells with […]

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MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project

Maharashtra State Power Generation (MAHAGENCO) recently released a tender inviting bids under two systems, technical/commercial and price bid. The MAHAGENCO seeks bidders to select EPC contractors for the design, engineering, supply, erection, testing, and commissioning of 65 MWAC capacity crystalline solar PV technology. The project is located in a village in Lakhmapur, Taluka in Chandrapur […]

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Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park

A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […]

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NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […]

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