India’s decarbonization presents $12 trillion opportunity in clean technologies
A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.
Sunsure Energy secures debt finance for 75 MWp of open-access solar projects
Sunsure Energy has secured INR 226 crore ($27 million) long-term debt financing from Tata Capital Ltd to support its 75 MWp of open-access solar projects in Uttar Pradesh.
BPCL aims to build 10 GW of renewable energy capacity by 2035
Bharat Petroleum Corp. Ltd (BPCL) aims to build 2 GW of renewable energy capacity by 2025 and 10 GW by 2035
L&T creates renewable EPC vertical
Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
Unlocking the potential of agrivoltaics
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.
Solar module installations could hit 592 GW in 2024
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 switches on 21 MWp C&I solar project in Tamil Nadu
SunSource Energy has commissioned a 21 MWp solar power plant in the Ramanathapuram district for offtake by commercial & industrial businesses.
Solar industry faces collapse amid surplus and plunging prices
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.
Major U.S. corporations embracing community solar
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.
ReNew signs 437.6 MW green attribute contract with Microsoft
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.
