The International Renewable Energy Agency said in a recent report that the scale of the energy transition needs ‘urgent’ acceleration to meet Paris Agreement climate emergency targets. Solar PV deployment, in particular, must ramp up and increase fourfold by the end of the decade.
The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.
The International Solar Energy Society’s Solar World Congress 2023 has started in New Delhi, alongside the sixth session of the International Solar Alliance Assembly.
Europe’s solar installation levels are exceeding expectations and are on track to grow 30% this year from 2022, according to Rystad Energy.
A European group has looked into the soiling impact on PV modules in Oman. They have collected 60 samples, based on season, month and tilt angles.
Ciel & Terre India has completed a 10.765 MWp floating solar plant for Tata Steel in Jamshedpur, Jharkhand. The project utilizes 19,936 units of ‘made in India’ Hydrelio aiR 1440 floats.
Tata Power Renewable Energy Ltd (TPREL) will deploy a 43.75 MW AC solar plant for consumption by Mukand Ltd, a Bajaj Group company and a manufacturer of specialty steel long products and heavy machinery in India.
The Solar Power Developers Association (SPDA) is now Sustainable Projects Developers Association (SPDA), representing solution providers across solar, wind, hybrid, battery energy storage systems, green hydrogen and green ammonia sectors.
Waaree Renewable Technologies has reported a revenue of INR 150.06 crore (around $18 million) and a net profit (profit after tax) of INR 18.29 crore for the quarter ending Sept. 30.
Husk Power Systems (Husk) has raised over $100 million in equity and debt to fund its new solar minigrid projects in South Asia and Africa. The company said the new capital would support 1,400 new minigrids, around 300,000 new connections, and avoid 350,000 tonnes of CO2 from the displacement of diesel generation while adding 2,500 new direct jobs.
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