How developing economies are leading the surge in solar power
Favorable government policies have played a crucial role in driving the adoption of solar energy in emerging economies. However, investment in grid modernisation and energy storage solutions is crucial to unlock the next level of sustainable solar integration in these economies.
Gujarat tops in residential rooftop solar installations under PM-Surya Ghar: Muft Bijli Yojana
Gujarat accounts for 46% (281,769) of the overall 616,019 residential rooftop solar installations done as of Nov. 21, 2024 under PM-Surya Ghar: Muft Bijli Yojana.
Hungary deploys 1.3 GW of solar in January-October period
Hungary installed 1.3 GW of solar between January and October, bringing its cumulative PV capacity to 7.3 GW by the end of October, according to new government data.
India added 20 GW solar in twelve months ending October
A strong pipeline exists, and SBICAPS expects cumulative 50 GW of solar and wind additions in FY 2025 and FY 2026.
Enphase introduces portable off-grid battery
The solar microinverter provider introduced a 1500 Wh portable battery bank.
Renewables (including large hydro) share reaches 45% in India’s cumulative installed power capacity
India’s installed power generation capacity hit 453 GW as of September 2024 with renewables (including large hydro) contributing 45%.
India installed 16 GW of solar in first nine months of 2024, says Mercom
The solar addition in the Jan.-Sep. period of 2024 topped all previous nine-month and annual installations.
Lithuania bans remote Chinese access to solar, wind, storage devices
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
India expected to hit 132 GW of installed solar capacity by March 2026
ICRA expects India to add 22 GW of new solar power generation capacity in FY 2025 and 27.5 GW in FY 2026, taking its cumulative installed PV capacity to 131.5 GW from 82 GW as of March 31, 2024.
Rishabh’s string inverter business records 300% YoY growth in H1 revenue
Indian manufacturer Rishabh Instruments designs, develops and manufactures solar string inverters with technology acquired from GEFRAN S.pA., Italy.
