Solar installations to surpass 16 GW in 2023: JMK Research
JMK Research analysts expect India to add 14 GW of new utility-scale solar capacity and 2.8 GW of rooftop (onsite) PV in the twelve months ending December 31, 2023.
High-latitude tests show vertical rooftop PV yields 30% more energy
Norway’s Over Easy says its pilot vertical PV system in Oslo achieved remarkable performance throughout a snowy winter. In 2022, the vertical array generated 1,070 kWh per kilowatt installed, which the company says compares to around 800 kWh per kilowatt installed for a conventional rooftop array.
India’s energy transition presents $25 billion annual investment potential: Avendus Capital
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
India surpasses 64 GW of installed solar capacity: MNRE
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
IREDA touches new record in lending for renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.
New global solar capacity additions hit 191 GW in 2022, says IRENA
Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).
Solar and wind formed 92% of India’s electricity capacity addition in 2022
India added 13.9 GW of solar capacity and 1.8 GW of wind in 2022, which together accounted for 92% of the overall 17 GW of annual electricity generation deployment.
India installed 2.5 GW of open-access solar in 2022
India reached 7.7 GW of cumulative installed open-access solar capacity as of Dec. 31, 2022, with a record annual addition of 2.5 GW during the Jan.-Dec. period in 2022.
Ornate commissions roof-integrated solar system for Ashirvad Pipes
Ornate designed, engineered and manufactured the 91 kW solar energy-generating roof using 200 high-efficiency mono PERC modules. The system has replaced 6,630 sq. ft. of asbestos roofs at Ashirvad Pipes’ production facility in Bengaluru.
India can achieve energy independence by 2047 through clean technology: Study
Berkeley Lab study shows how deep cost reductions in clean technology and India’s renewable and lithium edge can enable a pathway for cost-effective energy independence by 2047.
