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Global Solar Installs On Course For 222 GW in 2022, Rethink Energy

Research firm Rethink energy reckons  global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […]

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South Africa Secures 975 MW of Solar Energy PPAs in 5th Tender

South Africa seems to be gaining speed on renewables. The country has authorized power purchase agreements (PPAs) for a capacity of 975 MW of renewable energy projects under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The official statement of the government read, “Bid Window 6 asked for new generation capacity of 4,200 […]

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Solar EPC Firm KPI Green Energy Gets New Orders for 24.9 MW Projects

KPI Green Energy – the solar vertical of Gujarat based KP Group – has announced that the company has received new orders for the development of solar power projects under the captive power producer (CPP) segment from seven entities. The renewable energy company has informed that the aggregate capacity of the seven projects come to […]

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Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security

Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […]

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RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms

Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake.  The company’s net worth was Rs. 24.2 crore, and […]

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UP Govt’s Ambitious Plan to Power Textile Industry with Solar Energy

The Uttar Pradesh Government has approved a scheme under which the handloom sector will be powered with solar energy. The scheme, to be executed in a phased manner, will impact millions of families dependent on the handloom sector for a living. As per the scheme, weavers belonging to the general category will get 50 per […]

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APTEL Asks TANGEDCO to Reimburse Solar Developers for Excess Energy Demand

The Appellate Tribunal For Electricity (Aptel) has asked The Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) to reimburse solar power developers for excess energy purchased from them exceeding the capacity utilization factor (CUF) of 19%. The said solar power developers include Crescent Power Limited, B.S. Apparel and Ranergy Solutions Pvt. Ltd. Along with tariff […]

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Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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