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use of solar energy

Coal Generation To Remain 30% Higher Than Solar Generation: IEA

Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […]

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Alpex Solar Bags Rs 277cr Order For Solar Modules From PSU

Alpex Solar Limited has bagged an additional order to the tune of Rs 277.19 crore from a leading PSU for the supply of solar panels. The company had, earlier this month, bagged an order worth Rs 247.96 crore from the same PSU thereby taking the total quantum to Rs 525.15 crore. The solar module manufacturing […]

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MNRE Issues Quality Control Order for Solar Water Heaters

The Ministry of New and Renewable Energy (MNRE), in an important order that was long awaited by the industry, has issued an official Quality Control Order for Solar Water Heaters. With this, India joins a select group of countries that mandate a standard for Solar Water Heaters. Called the Solar Thermal Systems, Devices and Components […]

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UK Gets New Battery Energy Storage System To Augment Grid

Trina Storage, a global firm working in energy storage solutions, announced the successful grid connection and commissioning of the Maldon 40MWh Battery Energy Storage System (BESS) in collaboration with the energy storage specialist Eku Energy. Located in Essex, England, this project marks Eku Energy’s first commercially operational battery storage project in the UK. The deployed […]

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BLUETTI Introduces Handsfree Solar Backpack Power Stations

Clean energy solutions company BLUETTI has announced releasing its Handsfree Series, a combination of portable power stations and multi-functional backpacks for hands-free charging on the move. Designed for hikers, photographers, campers, and adventurers, the new backpack power stations keep their devices charged without slowing them down. The Handsfree series features two models: the Handsfree1 and […]

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Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.  Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […]

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PM KUSUM: Tembo Global Secures Rs. 595 Cr Solar Project From MSEDCL

Mumbai-based TEMBO, recently secured an order from Maharashtra State Electricity Distribution Co.Ltd, (MSEDCL) for solar photovoltaic power generating stations of 124 MW(AC). The company secured this project under Mukhyamantri Saur Krushi Vahini Yojana 2.0 for Rs. 595 crores. The scheme was launched for implementation of feeder level solarization under component C of PM-KUSUM Scheme. TEMBO […]

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Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects

Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […]

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Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T

Rayzon Solar announced that the company has won  a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states. The solar projects operating out of the state of Jharkhand, […]

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