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Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar?

India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […]

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Huge Positive Impact of Solar Home Systems on Livelihoods in India: GOGLA

A new report by GOGLA, the association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems on livelihoods in India A new report issued by GOGLA, the global association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems (SHS) on livelihoods […]

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Canadian Solar Gets $55 Mn Financing for its Lavras Solar Project in Brazil

Canadian Solar has secured 225.2 million Brazilian reais (USD 55 million) project financing from BNB for its Lavras solar power projects in Brazil Canadian Solar has announced that it has secured 225.2 million Brazilian reais (USD 55 million) non-recourse project financing from Banco do Nordeste do Brasil (BNB) for its Lavras solar power projects in […]

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India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI

India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […]

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NEDO and Panasonic set Highest Efficiency for Largest-area Solar Cell Module

Panasonic has achieved the world’s highest energy conversion efficiency of 16.09 percent for a perovskite solar module in collaboration with NEDO. The Panasonic Corporation has achieved the world’s highest energy conversion efficiency of 16.09 percent for a perovskite solar module (Aperture area 802 cm2: 30 cm long x 30 cm wide x 2 mm thick) […]

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Canadian Solar Acquires 47.5 MW Solar Portfolio in Chile

Canadian Solar has announced that it has completed the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. Canadian Solar, one of the world’s largest solar power companies, has announced the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. These projects will become operational in two different […]

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Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn

In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […]

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CO2 Emissions Fell by 12%, as Wind & Solar Took the Lead in Europe

A new report has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar provided more electricity than coal A new report, presenting the latest insights on Europe’s electricity transition has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar energy sources […]

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Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO

In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […]

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