At least 29 countries installed more than 1 GW of PV in 2023
IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.
ISA to accelerate solar initiatives in Uganda
The International Solar Alliance (ISA) and the government of Uganda recently discussed accelerating the solar mini-grid project to address Uganda’s energy access challenge and advancing the solar water pumping project under the India, Brazil, and South Africa (IBSA) Fund. New areas of cooperation, such as establishing a Solar Technology and Application Resource Centre (STAR-C), were also explored.
India installed 7.1 GW of renewable energy capacity in March
India set new record for monthly renewable energy installation by adding 7.1 GW of renewable energy capacity in March 2024. This monthly RE addition comprised more than 6.2 GW from solar.
Tata Power, Indian Bank partner for collateral-free loan to residential rooftop solar customers
The collaboration aims to facilitate financing solutions under the Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for rooftop solar PV installations up to 3 kW, as well as extend support for installations ranging from 3 to 10 kW under the regular scheme.
Gujarat, Karnataka top performing Indian states in transition to clean electricity
A new report says that while the national-level transition towards clean electricity is progressing well in India, it is far more uneven at the state level. It highlights the need for states to strengthen regulatory frameworks and develop transition plans.
Solar power generation in India hit by winter air pollution: Solargis
Solargis data indicates that Indian solar operators have experienced below-average PV panel performance due to air pollution in each of the past five Winters. Northern India experienced the worst air quality in decades this January with data showing a 30-50% dip in solar irradiance due to high aerosol levels.
Global solar PV capacity hit 1.6 TW in 2023, says IEA-PVPS
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.
Hail damage and toxicity risks in solar plants
US news outlets have reported resident concerns about leaked toxins from solar facilities in Texas that were damaged by a hailstorm. The Solar Energy Industries Association (SEIA) has rejected the reports, which contained categorically false information.
MNRE releases draft guidelines for residential rooftop solar subsidy scheme
The Ministry of New and Renewable Energy has released the draft guidelines for PM Surya Ghar: Muft Bijli Yojana which is aimed at installing rooftop solar plants in one crore (10 million) households with subsidy support from the central government.
India’s ruling party pledges renewables, manufacturing focus in its poll manifesto
India’s ruling party Bharatiya Janata Party (BJP) has vowed continued focus on renewables, energy storage and electric mobility with a view to achieving energy independence for the nation by 2047.
