$89 billion worth of investments likely to flow into the C&I RE sector in India by 2030
An additional 120 GW of C&I RE capacity is required to be set up by 2030 for India to attain its solar and wind target of 420 GW by 2030. This translates to US$89 billion worth of investments flowing into the sector between 2024 and 2030.
Spanish startup offers pre-assembled vertical rooftop PV systems equipped with reflectors
FutureVoltaics says it has developed pre-assembled, reflector-based vertical rooftop PV systems. The systems feature 175 W heterojunction bifacial solar modules and special reflectors on both sides.
BluPine Energy signs PPA with Dalmia Cement for 46.87 MWp solar plant
The solar plant will help reduce manufacturing costs and increase energy efficiency for Dalmia Cement.
Indonesia targets over 5.7 GW of rooftop solar by 2028
The Ministry of Energy and Mineral Resources in Indonesia has set a quota of 5,746 MW of rooftop solar to be deployed between 2024 and 2028. The Jakarta-based Institute for Essential Services Reform anticipates rooftop solar to be more commonly adopted by commercial and industrial consumers than residential users, following the abolishment of net-metering earlier this year.
Industry tie-ups and innovative financing mechanisms will drive MSMEs’ renewable energy adoption in India
Innovative financing mechanisms, such as credit guarantees and first-loss coverage, are essential to funding MSMEs’ adoption of renewable energy.
BluPine Energy secures solar PPA with APL Apollo Group
BluPine Energy will set up a 61.65 MW solar plant in Chhattisgarh for consumption by APL Apollo Building Products and other offtakers.
ReNew posts profit for fiscal 2024
ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.
Siegwerk inaugurates solar plant for consumption by its Bhiwadi printing ink facility
The solar plant, located in Jaisalmer, is expected to generate 2,028,000 kWh of electricity per year, significantly contributing to Siegwerk’s renewable energy targets.
Panasonic partners Aerem to provide financing to its solar customers
Panasonic Life Solutions India has partnered with Aerem Solutions to facilitate financial assistance for its solar customers in the residential and commercial & industrial (C&I) sectors.
Addressing the interconnected challenges of land degradation and climate change
By forging ahead with solar-powered land restoration initiatives, we can build resilient ecosystems, foster sustainable livelihoods and safeguard our planet for generations to come.
