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solar market

Electric Vehicles Market Share to Exceed 50% From 2033: Rystad

The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […]

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Borosil Renewables to Invest Rs 500 Cr to Double Solar Glass Manufacturing 

Borosil Renewables has plans for doubling its capacity of solar glass manufacturing to 900 tonnes per day with an investment of Rs 500 crore. Borosil Renewables, the only domestic manufacturer of solar panel glass, has announced its plans for doubling its capacity to 900 tonnes per day with a planned investment of Rs 500 crore. […]

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Central Coalfields Tenders for 20 MW Solar Plant in Jharkhand

Central Coalfields has issued a tender for the implementation of a 20 MW solar plant at the vacant land within piparwar MGR in Jharkhand. Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, has issued a tender for the implementation of a 20 MW solar photovoltaic (SPV) power plant at the vacant land within […]

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J-POWER USA Starts Work to Convert Retired Coal Facility Into new Solar and Storage Facilities

J-POWER USA Development Co., Ltd. (“J-POWER USA“) and funds managed by affiliates of Fortress Investment Group, LLC (“Fortress”) have agreed to jointly pursue development of Birchwood Solar, a 50 MWac solar plant and Birchwood Storage, a 190 MWac, energy storage facility. These projects would convert Birchwood Power, a coal plant which has been in operation since November, 1996 […]

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$421 million of Loanpal Residential Solar Loans Securitized

Loanpal, a leading point-of-sale technology platform for sustainable home solutions, today announced that Goldman Sachs sponsored Loanpal Solar Loan 2021-2 Ltd. and Loanpal Solar Loan 2021-2 LLC have closed a securitization of approximately $421 million worth of residential solar loans originated on the Loanpal platform and previously purchased by Goldman Sachs, GoodFinch, Blackstone Credit and Davidson Kempner Capital Management […]

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SolarWindow Sets new Record by Doubling its Power Conversion Efficiency

SolarWindow Technologies, a developer of transparent liquid coatings and processes for generating electricity on glass and plastics, has announced that it has more than doubled its prior certified performance, also achieving the highest independently-certified power conversion efficiency of previous organic photovoltaic devices fabricated at the US Department of Energy’s National Renewable Energy Laboratory in Golden, […]

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US Solar PV Project Order Worth Rs 890 Crore for Sterling and Wilson

Sterling and Wilson Solar Solutions, the US subsidiary of SWSL has signed a solar project order worth ~ Rs 890 crore in the US Sterling and Wilson Solar Solutions (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has signed an order worth USD 121.7 million (~ Rs 890 […]

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GESCOM Empaneling Agencies for 10 MW Rooftop Solar Plants Under SGY Scheme

GESCOM is empaneling agencies for setting up rooftop solar plants worth 10 MW capacity with net-metering arrangements under the SGY scheme. The Gulbarga Electricity Supply Company (GESCOM) has issued an Expression of Interest (EoI) for the empanelment of agencies for setting up rooftop solar PV plants aggregating 10 MW capacity on the rooftops of residential […]

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Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS

According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […]

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