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solar market

IEX December Updates- Drop in Green Market, REC Volumes

The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […]

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Solar Innovation In Rooftop Set to Boom

Rooftop solar has been a very popular choice in recent years for markets like the US and Australia, where they are being seen as solutions to not just lower emissions, but also secure energy for owners in difficult situations. In the last decade alone, in the U.S, the number of solar panels installed has gone […]

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Bosch India gets a 30 MW Solar Project Through AMP Energy

German MNC Bosch Limited, a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India has partnered with leading renewable IPP Amp Energy India for its solar energy requirements. The solar project capacity is 30 MW and would be provided from Amp Energy […]

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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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Updated ALMM List For Solar Modules- Contendre Greenergy, Ritika Systems Make Entry

In its latest and last revision for 2021 (number 4) to the ALMM list (Approved List of Module Manufacturers), issued on December 30, the Ministry of New and Renewable Energy (MNRE) sees the addition of two more solar module manufacturers. The two new entrants, Contendre Greenergy Pvt Limited from Maharashtra, and Ritika Systems Pvt Limited […]

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Meyer Burger to Build 400MW Solar Module Mfg Facility in U.S.

Switzerland-based Meyer Burger Technology has announced that it will build a production facility for high-performance solar modules in Goodyear, Arizona. The establishment of production in Arizona offers Meyer Burger customers in the growing North American market faster and direct access to solar modules and makes them less dependent on imports, says the firm. The Arizona […]

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SECI Invites EoI to Explore Market for Domestically-produced PV Modules

To assess the availability of domestically produced modules with respect to commercial parameters, Solar Energy Corporation of India (SECI) has invited Expression of Interest (EoI) from interested bidders for the supply of photovoltaic modules and cells manufactured in India for the delivery period of FY23-24. The deadline to respond to this EoI is January 21, 2022, […]

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Electronics and Power Major Microtek Takes Aim At Solar Segment Now

Microtek, one of the earliest manufacturers of monitors, followed by inverters and more in India, has set its sights on a major growth drive, and solar will be a key part of that. At a channel event in New Delhi, where the firm also set up a functional 18 KW system to showcase its prowess […]

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2021 Best Year in History for Solar in the EU: Report

The 27 member states of the European Union saw around 25.9 GW of new solar PV capacity connected to their grids in 2021, an increase of 34% over the 19.3 GW installed the year before, a report by SolarPower Europe has found this month. This growth makes 2021 not only another record year for solar […]

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