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Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2

Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […]

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Majority Of Punjab’s Govt Buildings Not Solarised, Indicates Data

The latest data released by the Punjab Energy Development Agency (PEDA) reveals that the majority of government buildings in the state lack access to solar power. Most of these buildings do not have rooftop solar facilities, indicating a heavy reliance on grid electricity. This data emerges at a time when several state governments are actively […]

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Tech Investments To Slash Solar Energy Costs By Up to 60%: ISA

Solar energy has been identified as key to bridging energy gaps in low-income countries, ensuring access for over 1 billion people globally through various grid-connected and decentralized solutions. According to a report by the International Solar Alliance (ISA), by 2050, solar adoption is projected to create over 27 million green jobs worldwide, offering significant opportunities […]

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UP To Use Hybrid Rooftop Solar For Govt Buildings, Issues Tender

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender to accelerate the adoption of hybrid rooftop solar systems. The state’s nodal agency for clean energy plans to deploy these systems on government buildings. Hybrid rooftop solar systems integrate grid-connected rooftop solar installations with additional battery backup. This setup enables the […]

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Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report

Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […]

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India’s Solar Future Faces Climate Challenge, Says IIT-Delhi Study

India’s rapid solar energy expansion aims to power its climate commitments, yet new research reveals that climate change could pose significant challenges to the nation’s solar potential. A study from IIT Delhi (Dr. Sushovan Ghosh, Prof. Dilip Ganguly, Prof.Sagnik Dey, Mr.Subhojit Ghoshal Chowdhury), published in Environmental Research Letters (https://doi.org/10.1088/1748-9326/ad8c68), examines India’s photovoltaic (PV) potential through […]

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Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie

Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […]

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Bihar Plans To Solarise Panchayat Offices, Allows Hybrid Systems

The Bihar government has now planned to solarise its panchayats spread across 38 districts. The Panchayati Raj department of the state has planned to rope in hybrid inverters in several weak grid areas to maximise the usage of solar energy and counter blackouts. In a latest development, the state Panchayati Raj department issued a tender […]

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Rooftop Solar Can Increase Local Temperature, Says Research

A recent research showed that rooftop solar can raise temperatures during the daytime and lower them at nighttime. These findings were based on a city-wise simulation on photovoltaic solar panels on rooftops. The research indicated that the conventional photovoltaic solar panels may increase temperatures on hot days and lower them at night, said new modelling. […]

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