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LONGi Sets New Record In Silicon Solar Cell Efficiency

LONGi Green Energy Technology Co. announced that the company has broken another world record for silicon solar cell efficiency only four months after it last set a world record in this area on May 7. As certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the new silicon heterojunction back-contact (HBC) solar cells designed […]

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Records Continue to Follow Actor Manoj Kumar With Solar Generation At Mumbai Residence

Manoj Kumar, the yesteryear Bollywood hero known for the patriotic themes of his films, is still setting an example for the rest of his countrymen. By adopting a sustainable source of energy for his family’s needs. By integrating renewable energy into their societal commitments, the Kumar family has set an example for tinsel town’s many […]

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Ecofy Partners With Waaree Energies For Low-Cost Solar Finance

Solar PV module maker Waaree Energies Limited has signed an agreement with rooftop solar financing firm Ecofy, an NBFC backed by Eversource Capital, committed to providing green finance for solar projects from Waaree. According to a statement by Waaree Energies, Ecofy has committed Rs 100 crore to partnering with Waaree Energies for boosting solar finance. […]

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After Solar & Wind, Adani Green Bets Big On PSP Business

Adani Green Energy Limited (AGEL) has now planned to go bullish on Pumped Storage Projects (PSPs) in India. The company, while declaring its latest Q4 results talked about adding 5 Gigawatt (GW) of Pumped Storage Projects (PSPs) by 2030. With a fresh thrust on PSPs, the renewable company upgraded its renewable capacity target from 45 […]

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Green Stocks Buck Market, 3 Locked On Upper Limit

Our renewable pack continues to handily beat the market, if not defy gravity. On a day when the market corrected almost 0.8%, three of the 11 stocks in our basket stayed locked into the upper circuit filter. That one of them made losses in its last quarter (SWREL), and the other two are EPCs in […]

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Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables

Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […]

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A Record Breaking 2024 Awaits First Solar, As It Starts Q1 With Production Record

US Based First Solar, the world’s largest Cadmium telluride (CdTe) thin-film module manufacturer has just announced its forst quarter results. The firm, which became the first foreign form to be a part of the approved list of module manufacturers (ALMM) of the Ministry of New and Renewable Energy in India (MNRE) produced 3.6GW of modules […]

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Power Market Update- REC Market Records All-Time Low Price In April

Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […]

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IOCL To Form New Subsidiary To Implement 1GW Wind, Solar Project

Indian Oil Corporation Limited (IOCL) has announced its plans to implement 1 GW of renewable energy projects across the country. In its latest board meeting, the oil corporation laid out a map to initiate projects involving standalone ground mounted Solar or standalone onshore Wind or Wind-Solar Hybrid projects. IOCL has plans to establish a Wholly […]

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