ALMM mandate reimposed: What it means
The ALMM mandate reimposed from April 1, 2024 provides relief for solar developers with advanced progress in development and with expected commissioning post-March 31, 2024. It also allows exemption for open access-based and captive solar projects, enabling these projects to source modules from the most cost-competitive sources.
LG launches new residential storage solution
LG has developed two versions of its new enblock E storage system, each with usable energy capacities of 12.4 kWh and 15.5 kWh. It says the two models, sized at 451 mm x 330 mm, can be easily deployed in small spaces.
Trane debuts air-to-water heat pumps
The new products use propane (R290) as a refrigerant and have heating and cooling capacities ranging from 8 kW to 30 kW.
Tata Power Q3 FY 2024 PAT grows to INR 1,076 crore
Tata Power’s profit after tax for the third quarter (Oct-Nov-Dec. period) of FY 2024 grew to INR 1,076 crore compared to INR 1,052 crore in Q3 FY 2023.
India has installed more than 180 GW of renewable energy capacity as of Dec. 31
India has installed 180,796.35 MW of renewable energy capacity as of Dec. 31, 2023, including 73,318.49 MW (around 41%) from solar power projects.
Solis hits 4 GW milestone in India
Solis has shipped 4 GW of solar inverters in India since its entry in the nation in 2015.
The solar rebound effect in residential PV
The rebound effect consists of a reduction in expected gains from a more resource-efficient technology as a result of behavioral or systemic change. An international research team has investigated this phenomenon in the residential PV segment in Vietnam and has found that it could happen in any country where the policy supporting solar power is not fully and scientifically explained.
Blended finance key to scaling small-scale solar projects
Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.
Philippines proposes register for PV system installers
The Philippines’ Department of Energy (DOE) is moving ahead with plans to require solar system installers to officially register with it. The DOE says that only registered installers will be recommended to government entities seeking PV installation services.
Africa’s annual PV additions hit 3.7 GW in 2023
According to new figures from the Africa Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.
