Philippines proposes register for PV system installers
The Philippines’ Department of Energy (DOE) is moving ahead with plans to require solar system installers to officially register with it. The DOE says that only registered installers will be recommended to government entities seeking PV installation services.
Gensol Engineering raises INR 900 crore equity through preferential round
Gensol Engineering, a solar EPC and electric mobility solutions provider, has raised INR 900 crore ($108.46 million) equity capital from international and domestic investors.
Shapoorji Pallonji’s seawater desalination units buy stake in 150 MW of solar projects for self-consumption
Torrent Power will develop 150 MW of solar projects for supply of power to the seawater desalination plants being set up by Shapoorji Pallonji and Company in Gujarat.
Africa’s annual PV additions hit 3.7 GW in 2023
According to new figures from the Africa Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.
Mitigating the challenges in solar project development
Developing the solar market in India has been a multifaceted journey marked by commendable achievements and occasional challenges. While the government’s support has been instrumental in fostering growth, addressing the challenges, ensuring policy stability, and promoting technological innovation will be critical to reignite momentum and achieve India’s renewable energy targets in the coming years.
Budget lays focus on residential rooftop solar, EV infrastructure
Finance minister Nirmala Sitharaman today tabled the interim budget for FY 2024-25 in the parliament. Budget highlights include announcements about the residential rooftop solarization scheme, viability gap funding for offshore wind, and government support for EV manufacturing and charging infrastructure.
Cleantech Solar secures INR 6.25 billion green finance for advancing open access portfolio in India
Cleantech Solar has secured a long-term senior secured loan facility worth INR 6.25 billion (over $75.2 million) from Tata Capital Ltd to advance its open-access projects in India.
Tata Power lights up Asia’s largest tea estate with bifacial solar PV system
Tata Power Renewable Energy Ltd has commissioned a 1.04 MW solar PV system for Chengmari Tea Estate. The installation uses 1,900 bifacial PV modules
CapitaLand India Trust commissions 21 MW solar plant for self-consumption
CapitaLand India Trust (CLINT), an Indian property trust listed on the Singapore Exchange Securities Trading Ltd, has commissioned a 21 MW solar plant for consumption by the common areas of its assets in Tamil Nadu. The solar plant will increase CLINT assets’ renewable energy usage by over 70% in line with its net zero commitment.
Cleantech Solar appoints Ritesh Singhi as country manager-India
Ritesh Singhi joins Cleantech Solar from Ampin Energy Transition, where he served as chief operating officer for the commercial and industrial segment.
