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Cleantech Solar Reaches Commercial Operation for Maiden VPPA

Cleantech Solar, a firm the provides renewable energy solutions to corporations in India and Southeast Asia, has revealed that the commercial operation of its maiden Virtual Power Purchase Agreement (VPPA) has begun. This is among the first VPPA plants to be operational in India. The power generated from the operating solar power plant in India, […]

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US On Course For Record 32 GW Solar Capacity Additions in 2023

A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […]

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Google to Power Irish Offices & Data Centre with Solar from Power Capital

Ireland-based Power Capital Renewable Energy (PCRE), which delves into the design, development, financing, building and operation of solar power plants, has entered into a power purchase agreement (PPA) with American multinational technology firm Google. The agreement will help power up the data centre and offices of Google in Ireland with solar energy worth 58 MW […]

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Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding

Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […]

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Roofsol is Awarded Three Solar Projects of 6.2 MW Cumulative Capacity

Mumbai-headquartered Roofsol Energy Pvt Ltd, which is engaged in providing ground mount and rooftop solar solutions for the commercial & industrial clients has been awarded three new projects across the northern part of India. These are for a cumulative capacity of 6.2 MW. The firm has won a 3 MW rooftop solar project from Cedaar […]

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Tata Power Renewable Energy in PDA for 26 MW Captive Solar Plant with Neosym

The subsidiary  firm of Tata Power, Tata Power Renewable Energy Limited (TPREL), has entered into a power delivery agreement (PDA) with Neosym Industry Limited (formerly the Indian Smelting and Refining Company Limited- ISR) for a 26 MW AC group captive solar plant. The project, located at Jamkhed, Ahmednagar in Maharashtra, will boast electricity generation capacity […]

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Credence Solar Panels Get BIS Certification Upto 670 MW

Gujarat-based solar module manufacturing company Credence Solar today claimed it received the Bureau of Indian Standards (BIS) certification for its solar panels. The company said that with this certification, Credence Solar became the first Indian solar module manufacturer to get a BIS certification for a capacity of up to 670 MW.   “We are thrilled […]

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H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors

While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across the […]

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Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period

The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […]

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