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.
Italian startup offers new bird-protection solution for rooftop PV
Italy-based Italgam has developed a new technology to prevent pigeons from nesting under rooftop solar panels. The EVO 2.0 solution uses brushes that fit between the backside of the panels and the roof.
Solar industry faces collapse amid surplus and plunging prices
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
JMK expects India to add 21.5 GW of solar this year
India is expected to install 16.5 GW of solar from utility-scale installations, 4 GW rooftop and another 1 GW from off grid component in 2024.
India installed 15 GW of solar in first half of 2024
India added 14.9 GW of new solar capacity in the six months ending June, breaking all previous half-yearly and annual PV installation records.
India 2024-25 budget: A strategic and holistic focus on energy sector
India’s 2024-25 budget reflects a strategic and holistic approach to the energy sector, emphasising sustainability, innovation, and energy security. By promoting pumped storage, advancing nuclear technology, transitioning to emission targets, and supporting renewable energy and energy efficiency, the budget lays a strong foundation for a sustainable and resilient energy future
Israel mandates rooftop solar on new big buildings, targets 3.5 GW by 2040
The Israeli authorities have introduced new regulations requiring rooftop PV on new large buildings, with plans to install 3.5 GW by 2040. The minimum production capacity has been set at 5 kW.
SunPower goes bankrupt
The residential solar installer has filed for bankruptcy, among the largest in a series of major bankruptcies in the industry.
World’s largest vertical rooftop PV system deployed on Norway’s national football stadium
Norwegian vertical PV system provider Over Easy Solar deployed a 248.4 kW installation on Norway’s national football stadium. The system features over 1,200 vertical photovoltaic panels developed by Over Easy Solar itself.
REC posts its highest Q1 profit of INR 3,442 crore
REC has reported total income of INR 13,037 crore and net profit of INR 3,442 crore for April-May-June quarter of FY 2024-25.
