India added ‘record’ 17.4 GW solar in first nine months of 2024, says JMK Research
India installed about 17.4 GW of solar capacity from January to September 2024. This included about 13.2 GW from utility-scale PV installations, 3.2 GW rooftop projects and 1 GW offgrid/distributed PV capacity.
U.S. Government releases bottom-up solar pricing tool
The U.S. Department of Energy’s latest solar cost model shows that residential solar prices are up, commercial solar is getting cheaper and utility-scale pricing remains flat. The addition of batteries increases costs by $1.75/W for residential projects and $0.75/W for larger installations.
Waaree Renewable Technologies posts its highest-ever quarterly revenue at INR 524.47 crore
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 524.47 crore and net profit (profit after tax) of INR 53.52 crore for the second quarter ended on Sept. 30, 2024 (Q2 FY 2025).
India added 12.8 GW of solar capacity in H1 2024, says Mercom
India installed 12.8 GW of new solar capacity in the Jan-June period of 2024. This included 11.7 GW from large-scale solar projects (including 3.7 GW of off-site C&I projects) and more than 1.1 GW rooftop PV.
Rajasthan, Gujarat need policy interventions to sustain leadership in renewable energy deployment: IEEFA
A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) recommends lower incremental green tariffs, dedicated infrastructure funds, green budgeting, scaling up distributed renewable energy and advancing grid modernisation and energy storage to cement Gujarat and Rajasthan’s leadership in renewable energy deployment.
India re-elected as president of International Solar Alliance
The seventh session of the International Solar Alliance (ISA) Assembly has elected India as President and France as co-president for a period of two years from 2024 to 2026.
Tata Power records its highest ever quarterly profit of INR 1,533 crore
Tata Power has reported a net profit (profit after tax) of INR 1,533 crore in July-Aug.-Sep quarter of FY 2024-25, up 51% year-on-year.
Servotech launches solar inverters, microinverters and battery storage systems
Servotech Power Systems has launched solar solutions including on-grid microinverters and inverters, hybrid inverters, battery energy storage systems, and solar pump controllers. The microinverters feature maximum power point tracking, built-in WiFi, and reverse power transmission.
EESL seeks 1 GWp of DCR-compliant crystalline solar modules for rooftop PV projects across India
Energy Efficiency Services Ltd (EESL), registered as a national vendor under PM Surya Ghar Muft Bijlee Yojana, has launched a tender for the procurement of around 1 GWp of crystalline solar PV modules, each with a rated capacity of 540 Wp and above. The modules must comply with the Ministry of New and Renewable Energy’s domestic content requirement.
Understanding hybrid solar systems: A comprehensive guide
This comprehensive guide will walk you through the fundamentals of hybrid solar systems, their components, benefits, and how they compare to other solar power solutions.
