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use of solar energy

Solar Power for EV Charging? Stop, Says German Bank

Germany’s state owned KfW bank was caught on the wrong foot with the response to a solar subsidy plan for EVs. the plan, which sought to offer subsidies to users who opted to use solar power to charge their EVs, met with an overwhelming response on day 1, with 33,000 applications. That meant the funds […]

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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SJVNL To Offer Solar Power At Rs 3.26/unit From Himachal Floating Plant

Shimla-based SJVN Green Energy Limited is now all set to provide solar power at the rate of Rs 3.26 per unit from its 15 MW floating solar power project situated at Nagal Pond, near Neila village in the Bilaspur district of Himachal Pradesh.  The Central Electricity Regulatory Commission (CERC), in its latest order, has also approved […]

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Pexapark Infused with Funding Worth €20m in Series C Round

Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […]

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Solar Power Costs Dipped 87% Globally In Last 10 Years: Study

A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period.  The recent innovation in […]

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Haryana Issues Norms To Award Entities Opting For Solar Power

The Haryana Renewable Energy Development Agency (HREDA) has now issued detailed guidelines to award institutions that use solar power or undertake energy efficiency measures to reduce carbon emissions. These awards have been planned for the industries and MSME sector having loads below 1 MW capacity and those above 1 MW capacity. The department has also planned these […]

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Enfinity Global Acquires 546-MW Of Solar Assets

American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […]

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Xylem & Lorentz Partner for Solar-Powered Pumping Solutions

US-based water technology provider, Xylem and German solar water pump manufacturer, Lorentz have partnered to expand the availability of solar-powered pumping systems globally. These sustainable pumping solutions are commonly used in agriculture, irrigation and drinking water applications, enabling water managers to address decarbonisation goals while reducing operating costs. Lorentz said that climate-related droughts and severe […]

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Surat Set For The Big Solar Event Today-Solar Trailblazers

If there is one thing that has emerged from India’s efforts to transition to a clean energy future, it is that change will necessarily need to start from its smaller cities. Taking the lead in no uncertain way is Surat, possibly the most dynamic city, in the state of Gujarat, which itself has become the […]

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