The C&I solar developer will use the net proceeds from the IPO towards meeting its working capital requirements, investment in subsidiary companies, capital expenditure for expansion purposes, and general corporate expenses.
The online solutions provider for commercial and industrial solar has raised INR 3.5 crore to fuel its product development initiatives and expand into new industrial belts across the country.
IEA-PVPS has published a report to help the solar industry to choose appropriate surface radiation models and data providers based on location and application requirements.
India installed 9.8 GW of utility-scale solar and 2.2 GW of rooftop PV capacity in the twelve months ending March 31, 2023.
To achieve its 2050 carbon neutrality commitment, Japan must eliminate greenhouse gas emissions from fossil fuels, as they comprise nearly all of its emissions. Fortunately, Japan has everything it needs to become energy self-sufficient, in the form of solar, wind, and pumped hydro energy storage.
Scientists from the Vellore Institute of Technology in India carried out a comprehensive study into the impacts of soiling on PV modules – measuring the amount of performance loss caused by different types of dust and bird droppings, and for modules installed at various tilt angles, in the hot-dry climate of Vellore in southern India. Their findings could allow developers to better take into account and mitigate the effects of soiling during site selection and system design.
SolarEdge has released new optimizers for residential PV applications with a DC power rating of 500 W, a maximum efficiency of 99.5%, and a weighted efficiency of 98.6%. The optimizer for commercial and industrial applications offers 1.4 kW of rated DC power.
Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
The biggest incentive in pushing the rooftop solar projects in the micro, small and medium enterprises (MSMEs) is that it will bring a sizable part of India’s manufacturing under the green protocols. Additionally, it offers the micro-enterprises, which are jointly situated in the industrial clusters, an opportunity to unlock value by making use of their rooftops and vacant spaces for harnessing clean energy.
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
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