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MYSUN Raises $4.2 Mn; Plans for another $35 Mn Funding in Few Quarters

MYSUN, a Delhi based rooftop solar installer, on Wednesday said it has raised USD 4.2 million (or Rs 32 crore) from its existing investors in a structured equity deal as a part of its Pre-Series A round. Besides this USD 4.2 million funding, the rooftop solar installer is also looking to raise another round of […]

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Duke Energy Sets Sights for 16 GW Renewable Capacity by 2025

Duke Energy has announced that it has updated its efforts to address climate change with a new goal of 16 GW renewable energy capacity by the end of 2025. In two reports released recently, Duke Energy has announced that it has updated its efforts to address climate change. The firm intends to cut carbon emissions to […]

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Solis Launches new 110kW Inverter Solution for Rooftop Solar Systems

Ginlong Technologies (Solis) has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. Ginlong Technologies (Solis), a global leader in PV string inverter manufacturing, has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. The new inverter, as the firm claims, brings a more reliable, […]

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Growatt among Top 10 Global PV Inverter Suppliers in 2019: Report

With total shipments reached more than 126 GW (or 126,735 MW), the global photovoltaic (PV) inverter shipments grew by 18 percent in 2019 on a y-o-y basis, as said by the global energy research & consultancy firm. As per the new analysis done by Wood Mackenzie, or popularly known as WoodMac, the top 10 global […]

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Ørsted and Nestlé Sign15-Year Offshore Wind PPA

Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm.   Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […]

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IREL Tenders for 100 kW Rooftop Solar Power System

IREL has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. Indian Rare Earths Limited (IREL) has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. The last date for bid submission is […]

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Tender Issued for 283 kW Rooftop Solar Plants in Rural Maharashtra Hospitals

MEDA has tendered for rooftop solar plants at 2 sub-district hospitals and rooftop systems with battery back up at 10 rural hospitals in Maharashtra The Maharashtra Energy Development Agency (MEDA) has issued a tender for the commissioning of grid-connected rooftop solar PV power plants under net metering at two sub-district hospitals and rooftop solar systems […]

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NTPC Re-tenders for 100 kWp Rooftop Solar Power System

NTPC has issued its tender for setting up a 100 kWp rooftop solar PV power system at the firms’ Singrauli Super Thermal Power Plant for a second time. NTPC Ltd has issued its tender for setting up a 100 kWp rooftop solar PV power system at the firms’ Singrauli Super Thermal Power Plant (SSTPS) in […]

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Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report

According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […]

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