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COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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Top 5 Challenges for Solar Financing in India

While the tide has clearly turned in favour of more and better financing for solar, it’s instructive to understand just why it was not happening till now. We listed down all the top reason cited by financiers, to build this list of top 5. Understanding Solar. A key issue is the limited understanding of solar […]

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Atrato Solar Farm Commissioned in UK; To Fulfill 75% Power Need Of Soft-Drink Company

United Kingdom-based soft drinks manufacturer Britvic soft drinks will now make its product using 75 percent solar power. The company will be getting the solar power supply from a 160-acre solar farm in Northamptonshire which renewable energy company Atrato Onsite Energy owns. The 650,000 square meter solar installation will scale up to produce 28MW power. […]

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COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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Neoen Starts Building 24.7 MWp Three Solar Farms in Italy

Neoen, a renewable energy production company, launched the construction of its first three assets in Italy in December 2023. These three solar farms, with a combined capacity of 24.7 MWp, are located in Lombardy (8 MWp and 7.6 MWp), and Marche (9.1 MWp). The contract for their construction has been awarded to solar EPC system […]

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First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu

American solar module manufacturer First Solar inaugurated its new solar manufacturing facility in Tamil Nadu. The global cleantech company claimed it to be the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, T R B Rajaa inaugurated the facility in a ceremony attended by […]

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QCells Signs 12-GW Solar Power Deal With Tech-Giant Microsoft

Global renewable energy player Qcells will supply tech giant Microsoft with 12 – G.W. of solar modules and EPC services over an 8-year period. This is Qcells’ largest module and engineering, procurement and construction (EPC) services agreement to date. The order is equivalent to powering more than 1.8 million homes annually. The eight-year strategic alliance […]

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First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility

First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […]

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Top 5 Countries With The Fastest Increase In Solar Capacity In 2023

As 2023 comes to an end and 2024 is upon is, it could be considered an interesting exercise in retrospect to look upon the countries that shone in terms of adding solar capacity in the past year, leading the rest of us into the future. Here are the top 5 countries with the fastest increase […]

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