Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
Agrivoltaics, the innovative practice of co-locating agriculture and photovoltaic (PV) systems, is revolutionizing sustainable land use and energy production. By harnessing the synergy between agriculture and solar energy, agrivoltaics offers a transformative solution to address the challenges of food security, water scarcity, and climate change. This article explores the burgeoning agrivoltaics market, its potential benefits, challenges, and future outlook.
BloombergNEF says the global solar industry will install 592 MW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
SunSource Energy has commissioned a 21 MWp solar power plant in the Ramanathapuram district for offtake by commercial & industrial businesses.
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
The Coalition for Community Solar Access (CCSA) noted that household names such as Microsoft, Google, Walmart, Starbucks, Rivian, Wendy’s, and T-Mobile are just a few of the Fortune 500 companies that have signed agreements with community solar developers.
This contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030.
India is expected to install 16.5 GW of solar from utility-scale installations, 4 GW rooftop and another 1 GW from off grid component in 2024.
ICICI Bank will provide low-cost loans to residential and corporate customers for purchase of Tata Power solar panels.
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.
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