Tata Power Renewable Energy signs PDA with Tata Communications for 18.75 MW AC solar plant
Tata Power Renewable Energy will develop an 18.75 MW AC solar plant for consumption by Tata Communications.
Canada’s SPARQ Systems enters PV microinverters partnership with Jio
Canada-based microinverter company SPARQ Systems has entered into a partnership agreement with JioThings, a fully owned subsidiary of Jio Platforms Ltd. of Reliance Industries, to supply the Indian conglomerate with PV microinverters.
ALMM mandate reimposed: What it means
The ALMM mandate reimposed from April 1, 2024 provides relief for solar developers with advanced progress in development and with expected commissioning post-March 31, 2024. It also allows exemption for open access-based and captive solar projects, enabling these projects to source modules from the most cost-competitive sources.
Research finds agrivoltaics have payback time of less than five years in Portugal
A group of researchers from the University of Lisboa and the Military Academy reported on the viability of agrivoltaics in Portugal. It found that spaced rows of PV modules combined with shadow-friendly crops had the most promising return and a payback period of less than five years.
Tata Power Q3 FY 2024 PAT grows to INR 1,076 crore
Tata Power’s profit after tax for the third quarter (Oct-Nov-Dec. period) of FY 2024 grew to INR 1,076 crore compared to INR 1,052 crore in Q3 FY 2023.
India has installed more than 180 GW of renewable energy capacity as of Dec. 31
India has installed 180,796.35 MW of renewable energy capacity as of Dec. 31, 2023, including 73,318.49 MW (around 41%) from solar power projects.
Solis hits 4 GW milestone in India
Solis has shipped 4 GW of solar inverters in India since its entry in the nation in 2015.
Global solar corporate funding up 42% in 2023
Investors and developers raised more than $34.3 billion in 160 deals last year, according to a new report by Mercom Capital.
Manoj Kohli, Mahesh Makhija appointed to Sunsure Energy Board of Directors
Sunsure Energy has appointed former SoftBank India head Manoj Kohli and renewable energy specialist Mahesh Makhija to its Board of Directors.
Blended finance key to scaling small-scale solar projects
Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.
