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solar systems

KSEB Moves Kerala Regulator To Shift From Net To Gross Metering For Solar Prosumers

The Kerala State Electricity Board (KSEB) has moved the Kerala State Electricity Regulatory Commission to approve of amendment to the rules of metering and billing against the consumers not only generating solar and wind power more than 500 kilowatts a month but also receiving the supply of power from KSEB. In doing so, KSEB would […]

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Fraunhofer Researchers Develop the World’s Most Efficient Solar Cell

Researchers at the Germany based Fraunhofer Institute for Solar Energy Systems ISE, using a new antireflection coating, claimed on May 30 to have successfully developed the most efficient solar cell of the world. Presenting the results at the 2nd International tandem PV Workshop in Germany, the researchers claimed to have increased the efficiency of the […]

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IKEA Geared Up To Enter Into US Residences With Solar

IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […]

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Tata Power commissions 100 MW solar project in Maharashtra

Tata Power Renewable Energy Ltd has announced that it commissioned the 100 MW solar power project for Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra. Tata Power claims that the installation comprises over 4,11,900 numbers of monocrystalline PV modules and is expected to reduce around 234 million tons of CO2 annually. The official statement […]

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Lord’s Mark To Work With BREDA For Solar Lighting Projects In Bihar

Lord’s Mark Industries, a diversified business group, has entered solar lighting in Bihar. Lords is the sole channel partner to Philips India for development of such projects in the government sector only. The project will be implemented through BREDA (Bihar Renewable Energy Development Agency), which is tasked with developing schemes on non-conventional energy sources in […]

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GoodLeap Securitizes $467 Million Residential Solar Loan

Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […]

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Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21

Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […]

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Skoda Auto Begins Production of MEB Battery Systems

Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […]

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