India’s installed solar power capacity expected to hit 104 GW by March 2025
ICRA expects India’s installed solar power capacity to grow to 104 GW by March 2025 from 72 GW as of October 2023, led by strong policy support and moderation in solar module prices.
EKI Energy, IndianOil partner to promote indoor solar cooking system
EKI Energy Services will oversee the production, marketing, installation, and after-sales services of ‘Surya Nutan,’ an innovative indoor solar cooking system designed and patented by IndianOil. The initiative will be supported by carbon finance.
New global solar installations to hit 413 GW this year, says BloombergNEF
BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.
India added 8.5 GW of solar in first nine months of 2023
India’s solar installations for the Jan-Sept period in 2023 stood at 8.5 GW, 25% less year-on-year. The nation is expected to install an overall 11 GW in the current calendar year.
Israel to build energy communities in villages destroyed by Hamas
Israel’s Ministry of Energy and Infrastructure says it is currently developing a multi-year program for communities attacked by Hamas on Oct. 7. It aims to deploy 5 GW of energy in the destroyed areas, once residents return.
India’s solar installations surpass 72 GW
India has installed an overall 72,018 MW of solar capacity as of Oct. 31, 2023. Grid-connected solar rooftops account for 15.38% of the cumulative installations.
Solar energy as the change maker in rural India
To scale the adoption of clean technologies in rural areas, we need to focus more on leveraging the experience of early women adopters. We should organise hyperlocal events and demos – create spaces for women to network and become aware.
Tata Power posts INR 1,017 crore profit in Q2 FY 2024
Tata Power clocked 16th consecutive quarter of net profit (profit after tax) growth with Q2 FY 2024 profit rising 9% YoY to INR 1,017 crore ($122.18 million).
Ensuring a just and inclusive energy transition for the Global South
Amid calls for an immediate transition to renewable energy, it’s important to ensure that aspects such as domestic resource utilization, the cost of transition, and the impact on the population are not overlooked.
India hosts sixth session of International Solar Alliance Assembly in New Delhi
The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.
