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PV Module Innovations to Help Drive Down Solar Costs in 2020s: WoodMac

In the 2020s, improvement in module efficiency and power class will propel the declining capex trend-forward and ultimately lower the solar LCOE The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar […]

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EDPR Reaches Agreement for Co-Development of 900 MW Wind Farms

EDPR has an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development of onshore wind opportunities in the country EDP Renováveis, S.A. (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has reached an agreement with Ellaktor, the largest infrastructure group […]

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Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW

“Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […]

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Schneider Electric Solar Expands Its Energy Management Ecosystem with New Smart Edge Devices

Schneider Electric Solar announced InsightHome and InsightFacility, their newest additions to the Insight Energy Management ecosystem. Both InsightHome and InsightFacility are smart edge devices that connect customers’ Schneider Electric solar and storage systems to the Insight app. InsightHome targets the residential solar and storage market globally. InsightFacility is for large residential and commercial solar and […]

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Tri Global Energy and CIP Start Operation of 162 MW West Texas Wind Project

Renewable energy developer, Tri Global Energy, announced today that project owner and partner, Denmark-based Copenhagen Infrastructure Partners (CIP), has achieved commercial operation of Glasscock County’s 162-megawatt (MW) Bearkat II, the second phase of the Bearkat wind energy project. Bearkat II will provide numerous benefits to the county and the local community. “Over the life of the project, […]

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MNRE’s Draft Policy Framework for DRE Open For Comments Till Nov 2

In an office memorandum issued on October 19, the MNRE (Ministry of New and Renewable Energy) has issued a Draft Policy Framework for DRE (Distributed Solar Energy) to promote DRE livelihood applications in rural areas of the country. The aim is to provide a conducive environment for the development and large-scale adoption of these applications. […]

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MNRE Drafts Policy to Promote DRE Livelihood Applications in Rural Areas

In order to promote DRE livelihood applications in rural areas of the country a draft policy framework is being proposed by MNRE The Ministry of New and Renewable Energy (MNRE) has notified that in order to promote Decentralised Renewable Energy (DRE) livelihood applications in rural areas of the country a draft policy framework is being […]

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Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat

Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […]

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E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B

Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […]

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