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.
NSEFI welcomes announcement of pump storage policy in Union Budget 2024-25
National Solar Energy Federation of India (NSEFI) expects budget to accelerate renewable energy uptake across MSMEs and hard-to-abate industrial sectors.
Budget 2024-25: India imposes customs duty on solar glass imports, exempts equipment for cell and module manufacturing
Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been expanded.
PM Surya Ghar Muft Bijli Yojana: Challenges and Solutions
Mandating stringent quality and performance standards is imperative to safeguard consumers from potential exploitation in the burgeoning rooftop solar market. The technology to do this exists, but we need to see if the will is there.
Germany’s solar market faces price wars, consolidation
A series of inquiries to residential PV installers has revealed a tough consolidation phase in Germany’s solar installation market. With an increasing number of installers offering solar arrays at very low prices, competition is intensifying as companies vie for fewer orders.
