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solar energy cost

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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ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu

The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […]

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Sodion Energy, AR4 Tie Up To Launch Sodium-Ion Batteries For India 

Sodion Energy, a leading developer of Sodium Ion Batteries, has now announced its partnership with AR4 Tech, a pioneer in developing and implementing innovative technologies for converting traditional gasoline vehicles to electric. The partnership will enable Sodion Energy to leverage AR4 Tech’s distribution network, bringing safe, reliable and affordable batteries to early adopters, including ARAM, […]

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Solar Startup Zunroof Struggles To Deliver On Promise

There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers.  One early pre-2020 startup is […]

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Oriana Power Bags INR 138 Cr Solar Project from BCCL

Solar solutions provider Oriana Power Ltd. has won a contract from Bharat Coking Coal Limited (BCCL). Under this agreement, Oriana will be responsible for setting up a 20 MW AC ground-mounted solar photovoltaic (PV) power plant in Dugdha Washery Area, Dhanbad, Jharkhand. The EPC phase of the project, whose value is pegged at INR 138 […]

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Andhra Pradesh Set to Usher 5,314 MW of Renewable Energy

Andhra Pradesh is set to give a major push to renewable energy in the State. Chief Minister YS Jagan Mohan Reddy will lay the foundation for three renewable energy projects boasting an aggregate capacity of 5,314 MW. Greenko, which delves into Pumped Storage Projects will establish a 2,300 MW solar power project at Junuthala village […]

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Duke Energy Offers RECs For Residential, Small Biz in Florida

American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […]

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Global Perovskite Output Will Pass 2 GW Mark in 2026: Rethink Energy

Rethink Energy has released its latest report on Perovskites in photo voltaic systems, reflecting on how every indicator – manufacturing activity, equipment supply and successful pilots- indicating significant ramp in installed Perovskite systems from 2026 onwards, taking over the industry inside another decade.   Future Estimates The report expects that global perovskite manufacturing output will […]

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