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solar energy cost

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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4GW Rooftop Solar Capacity In India Likely By 2024 End: IEEFA Report

A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claimed that India’s rooftop solar market is likely to add a record 4 Gigawatt (GW) of capacity in the fiscal year of 2024. The report claimed that the sector is on its way to overcoming several major roadblocks.  […]

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Solar Feeders Promise To Fulfil Solar Targets in Agriculture

Radheshyam Singh is a marginal farmer from Noorsarai in the Nalanda district of Bihar. While a few farmers from the district have availed the benefits of off-grid solar pumps for irrigation in the past, Radheshyam and most of the farmers in the neighbourhood still depend on the grid. However, dependency on the grid for irrigation […]

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Sweden Tries Solar-Powered Hybrid Truck On Public Roads

A unique hybrid truck with a solar panel-covered trailer is being tested on public roads, as a result of a two-year research collaboration involving Scania, Uppsala University, Eksjö Maskin & Truck, Midsummer, Ernsts Express, and Dalakraft.  The solar-powered truck has been developed in a research project partly funded by the government agency of innovation Vinnova […]

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The Unicorn In Solar Market : Zetwerk’s Story

Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […]

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Tata Power To Build 28 MW Captive Solar Plant For Sanyo Steel

Tata Power Renewable Energy Limited (TPREL), the renewable arm of Tata Power through its subsidiary TP Alpha Limited (Special Purpose Vehicle –SPV), signed a Power Delivery Agreement (PDA) with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a captive solar plant. It has a capacity of 28.125 MW (AC) (i.e. 39.375 MWp DC). The plant […]

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Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA

A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […]

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SJVN Bags LoA from APDCL for Solar Projects of Cumulative Capacity of 320 MW

SJVN Green Energy Limited (SGEL) has received Letter of Awards from Assam Power Development Corporation Limited (APDCL) for three solar power projects of cumulative capacity 320 MW. SGEL had participated in three separate tariff based competitive bidding tenders of APDCL, that is, 50 MW, 70 MW and 200 MW. The 50 MW and 70 MW […]

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