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VIDEO: 25% Of RTS Systems Will Move To Hybrid Inverters: Livguard Founder

In an interaction with Saur Energy, Rakesh Malhotra, Founder of Livguard Energy Technology talked about the fate of hybrid inverters in India for therooftop solar systems in India. This is after the MNRE clarified that hybrid rooftop inverters can be used under PM Surya Ghar. In the interview, Mr Malhotra talks about IPO plans, product […]

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81% Of PM-KUSUM (Comp B) Capacities Come From 5 States

A latest data released by the Union government before the Parliament revealed that a lion’s share of the PM-KUSUM scheme (Component-B) comes from five states alone. The majority of these states are based in the western part of the country. Component B of the Union government schemes mandates the installation of decentralised off-grid solar pumps. […]

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Brazil Installed Solar Capacity Touches 50 GW In 2024

Brazil’s solar installed capacity recently reached 50 GW according to new data from the Brazilian Photovoltaic Solar Energy Association (ABSOLAR). Of the cumulative capacity, the country secured 33.5 GW from distributed generation and 16.5 GW from utility-scale projects, The country now sources more than 95% of the capacity released this year from renewable sources. With […]

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Gujarat, Maharashtra Top Beneficiaries Of PM-Surya Scheme Till Oct 24

The government this year approved the PM Surya Ghar: Muft Bijli Yojana to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. According to the latest parliamentary data, Gujarat saw the maximum growth in rooftop solar registrations, followed by Maharashtra and Uttar Pradesh. This growth contributes to the […]

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News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract

Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with  Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […]

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Telangana Issues Tender For 1 GW Of Rooftop Solar Projects

The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has now issued a tender for rooftop solar projects. Through this tender, the state has planned to add 1 GW of new rooftop solar capacity. The move comes as the state plays catch up on renewable capacity, considering the limited options to add large, utility scale […]

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RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report

A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […]

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Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2

Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […]

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Green Stock Nov 25: Mirroring Market, Most Stocks Mount Recovery

Even as most green stocks mirrored the broader rebound seen in the Indian markets, Adani Green continued to struggle, slumping a further 6% today. The Green energy developer has been caught up in a US district court indictment, besides SEC charges of alleged wrongdoing in power contracts in India. The other stocks to have a […]

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