The solar industry’s freefall: A price war with no end in sight?
The future of the solar industry hangs in the balance as manufacturers, regulators, and market players grapple with a perfect storm of falling prices, rising costs, and a fiercely competitive global landscape.
Gensol Engineering’s solar EPC order book crosses INR 4,000 crore
The order book includes 1.5 GW of solar projects to be executed within a timeline of 12 to 18 months.
Livguard unveils high-frequency solar inverters at REI Expo 2024
Livguard has launched its high-frequency solar inverters that are compact, lightweight, and low-noise.
PV system sizing for 100% self-consumption
A group of researchers has proposed a new method for the sizing of PV systems that do not rely on an anti-dump system and operate without the possibility of injecting power into the grid. The novel approach requires an estimate of the annual hourly profile and the minimum power demanded, as well as the use of an irradiance meter and an electrical network analyzer.
Solis hits 6 GW of shipments in India, surpasses 100 GW globally
In India, Solis solar inverters command a 32% market share in the residential segment and 40% share in the C&I segment.
Enphase brings its new residential battery to India
Enphase has launched its Enphase Energy System with the IQ Battery 5P in India, enabling homeowners to effectively harness solar power for their daily energy needs. The IQ Battery 5P has a total usable energy capacity of 5 kWh and can be configured with multiple batteries to scale up to 40 kWh to meet varying home energy needs.
How solar panels, inverters, and batteries work together to save your money
Rishab Kohli, managing director, Orient Solar, writes that investing in a solar power system offers long-term economic benefits to homeowners. While the initial cost may be high, the return on investment is substantial.
Renewables share in India’s power generation mix to reach 35% by 2030: ICRA
Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.
World now has five times more PV than nuclear power
According to the World Nuclear Industry Status Report 2024, the world had 408 operational reactors producing 367 GW in the middle of the year, which is significantly less than installed capacity predictions for solar by the end of the year and five time less the world’s cumulative PV capacity.
End of the line for a U.S. solar giant
SunPower, one of the largest, oldest, and most influential solar businesses in the United States, has closed its doors. Residential solar installers in the United States have struggled as interest rates have risen and cash generation has emerged as an issue.
