The non-banking finance company’s rooftop solar finance product, Capri Solar Finance, targets a loan book size of INR 1,000 crore in the coming years.
Pradhan Mantri Surya Ghar Yojana has attracted 13 million registrations and 1.8 million applications in first six months of its launch, leading to about 1.8 GW of new residential rooftop solar installation.
Gensol Engineering has been awarded a contract for the design, construction, and long-term operation and maintenance of 23 MWp of rooftop solar PV systems for the engineering facilities of a leading aviation company in Dubai.
New research shows that rooftop PV system may have “unintended” consequences on temperartures in urban environments. Rooftop arrays, for example, may potentially lower nighttime temperatures by up to 0.6 C.
Hartek Group has surpassed 10 GW of solar projects across its power systems, transmission and distribution (T&D), and renewable EPC business units.
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.
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.
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.
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.
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.
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