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solar capacity

Global Inverter Leader Sungrow Hits 20GW Shipment in India

Sungrow, the global leading PV inverter and energy storage system supplier, reached a significant milestone in India, having shipped a cumulative total of 20GW of photovoltaic inverters in the region. Sungrow’s 20 GW milestone highlights Sungrow’s position as a leading provider of clean energy solutions in India, and one of the few ones with a […]

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SJVN Green Energy Ltd Signs PPA with SECI for 200 MW Wind Project

SJVN Green Energy Limited (SGEL) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW wind project connected to the grid. SGEL had participated in the tariff based competitive bidding process conducted by SECI for selection of wind power developers for setting up 1,200 MW grid connected […]

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Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report

A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally.  It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […]

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Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender

Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […]

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Chinese Module Majors Feel The Pinch From Module Price Drop

As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […]

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SOFAR Strengthens Utility Scale Offering With 350kW Utility PV Inverter for India

SOFAR, the global leading provider of all-scenario PV & ESS solutions, has launched the PowerMega (350KTLX0) for the Indian market at REI 2023. The company says that the newest product offering is tailored for utility-scale projects both in India and globally. With a maximum efficiency of 99.05% at 50 degrees and integration of ultra-high current, […]

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Saudi Power Procurement Firm Issues Tender for 3.7GW PV Projects

Saudi Arabia has issued a tender inviting bids for solar projects under four new PV initiatives.  Together these initiatives will account for solar energy worth 3.7 GW under the National Renewable Energy Programme (NREP). The Saudi tender has been issued by Government-owned entity, Saudi Power Procurement Company (SPPC). The Saudi tender’s RFQ encompasses four projects, […]

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THDC to Build RE Projects of 3270 MW in Karnataka

Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […]

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Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits

Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […]

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