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.
Freyr Energy aims to solarize 1,000+ homes in Uttar Pradesh by March 2025
Freyr Energy, a residential solar rooftop solutions company in India, aims to install rooftop solar on more than 1,000 homes in Uttar Pradesh by March 2025.
Tata Power Renewable Energy, NHPC partner for rooftop solar installation on government buildings
Tata Power Renewable Energy and NHPC have signed a memorandum of understanding for implementation of rooftop solar projects across government buildings under the PM Surya Ghar Yojana.
Tata Power to invest INR 20,000 crore capex in FY 2025
Tata Power chairman N Chandrasekaran announced that a large part of the investment will go in accelerating the company’s renewable energy portfolio. The balance will be used towards transmission and distribution businesses.
REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
