MYSUN raises Rs 32 crore to scale up rooftop solar business
The Delhi-based end-to-end rooftop solar company is looking to eventually raise Rs 250 crore ($35 million) as it plans to improve its technology infrastructure further, scale up the service offerings, and expand to newer geographies, including parts of Middle East, Asia Pacific and Africa.
India added 1534 MW of rooftop solar in calendar year 2019
China’s Growatt emerged as the largest rooftop solar inverter supplier, claiming around 21% of the 1534 MW market, followed by rivals Solis (18%) and Sungrow (17%).
Covid-19 pandemic puts 150 GW of PV, wind at risk in Asia
Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.
Government allows solar installation in Covid lockdown, industry to abide by safety protocols
The new guidelines on Covid-19 lockdown permit certain industrial activities, including the construction of renewable energy projects from April 20, 2020, in areas not identified as containment zones of the country. The industry will, however, have to abide by the safety protocols.
Gensol wins solar EPC projects worth Rs 45.86 crore in India
The EPC provider has won an aggregate 13.2 MWp solar capacity from State-owned Central Electronics Limited, in addition to projects from Gas Authority of India Limited, Bihar Renewable Energy Development Agency, Hindustan Petroleum Corporation Limited and Reserve Bank of India.
Covid lockdown will impact rooftop solar more than grid-connected projects, says Care Ratings
The rooftop solar sector will see reduced installation activity even after lifting of the lockdown as consumers continue to deal with financial constraints. Small-size developers may also lack the financial strength to meet additional working requirements.
Amid Covid lockdown, Amplus Solar helps local villagers in Mirzapur
The developer reached out to the families in need by providing them ration as the situation worsened for the local community in the vicinity of a 75 MWp Open Access solar park owned by it in Uttar Pradesh.
Interview with U-Solar on making the most of the lockdown
In an interview with pv magazine, U-Solar Clean Energy founder and CEO K.R. Harinarayan shares the impact of Covid-19 lockdown on their solar EPC projects and how they are utilizing this time productively.
Covid-19 impact: An interview with Amp Energy India CEO
Pinaki Bhattacharyya, Amp Energy India MD and CEO, speaks to pv magazine about the impact of Covid-19 pandemic on the solar industry and the ways in which the government can build a positive sentiment in the industry.
How much money can you make with PV-assisted EV charging stations?
A French-Turkish research team has created an economic model to optimize scheduling for solar-powered EV charging units. The proposed model suggests that such projects might be more profitable today than at the end of the decade, depending on a wide range of variables.
