Solar panel price drop in November may mark end of downward trend
Martin Schachinger, founder of pvXchange.com, says the 8% price drop in November for solar modules could mark the end of sustained declines, as market signals are pointing to a possible recovery.
Renewables (including large hydro) share reaches 45% in India’s cumulative installed power capacity
India’s installed power generation capacity hit 453 GW as of September 2024 with renewables (including large hydro) contributing 45%.
India installed 16 GW of solar in first nine months of 2024, says Mercom
The solar addition in the Jan.-Sep. period of 2024 topped all previous nine-month and annual installations.
Adani calls US allegations ‘baseless,’ to seek all possible legal recourse
The Adani Group has termed the US allegations of bribery for solar contracts ‘baseless’ and added that it will seek all possible legal recourse.
Gautam Adani indicted in US for an alleged solar-related bribery scheme
Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.
Socomec crosses 50 GW of PV disconnect switch installations in India
Socomec India has hit the milestone of supplying its photovoltaic (PV) disconnect switches for over 50 GW of solar installations in India.
Datta Infra commits INR 5,000-crore renewable energy investment in Rajasthan
Datta Power Infra has signed a Memorandum of Understanding (MoU) with the government of Rajasthan to invest INR 5,000 crore in setting up 1 GW of wind, solar, and wind-solar hybrid projects in Rajasthan.
ReNew Q2 profit up 31% YoY
ReNew Energy Global (ReNew) has reported a total income (or total revenue) of INR 29,887 million ($357 million) and net profit of INR 4,939 million ($59 million) for the second quarter of FY 2024-25.
The Hydrogen Stream: SECI, H2Global to collaborate on green hydrogen initiatives
The collaboration will focus on enhancing knowledge exchange on market-based mechanisms and fostering cooperation between India and renewable hydrogen importing countries.
Lithuania bans remote Chinese access to solar, wind, storage devices
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
