Rishabh’s string inverter business records 300% YoY growth in H1 revenue
Indian manufacturer Rishabh Instruments designs, develops and manufactures solar string inverters with technology acquired from GEFRAN S.pA., Italy.
Oriana Power H1 revenue up 461%, PAT up 748%
Oriana Power has reported revenues of INR 359.54 crore and net profit of INR 48.57 crore during the half-year ended September 30, 2024.
Australia hits 4 million rooftop PV installations, reaching 25 GW of capacity
Australia has recorded its 4 millionth rooftop solar installation, maintaining its status as a world leader with 25 GW of total capacity, surpassing the amount of nationwide coal generation.
CleanMax to develop 33 MW of solar, wind projects under PPA with Equinix in India
Digital infrastructure company Equinix has partnered with CleanMax to develop 33 MW of renewable power projects (26.4 MWp solar capacity and 6.6 MW wind) for consumption by its data centers in India.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
Engie solar farm in Malaysia secures PPA with STMicroelectronics
Engie’s 30 MW solar farm will supply power to STMicroelectronics’ large-volume test & assembly site in Malaysia.
Rajasthan launches 282 MW rooftop solar tender
Rajasthan Renewable Energy Corp. Ltd (RREC) has invited bids to set up 282 MW of grid-connected rooftop solar PV projects on state government buildings at various locations in Rajasthan. Bidding closes on Nov. 26.
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Singapore on track to hit 2030 solar targets
Research from the National University of Singapore indicates that Singapore could reach its 2 GW solar installation target by 2028, ahead of its 2030 deadline. The study suggests that the government could increase its long-term solar goals by adopting policies that promote better area utilization, subsidies, and advancements in panel efficiency.
EKI Energy registers Azerbaijan’s 230 MW solar energy project for voluntary carbon markets
The large-scale solar initiative, known as “Project Area 60,” marks Azerbaijan’s debut in the voluntary carbon market. It is also the first-ever large scale solar project overall in the country.
