Solar corporate funding hits decade-long high in 2023 globally
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.
Fimer supplies inverters for Ayodhya’s 40 MW solar PV plant
Fimer supplied PVS980-58 5 MVA central inverters to Jakson Green for the 40 MW solar project in Ayodhya. The project is being developed by NTPC Green Energy with Jakson Green as the EPC provider.
Hero Future Energies signs MoU for INR 4,000-crore projects in Uttar Pradesh
Hero Future Energies will invest INR 4,000 crore into setting up renewable energy projects, battery energy storage systems, facilities for the production of green hydrogen and its derivatives, etc in the Indian state of Uttar Pradesh.
France’s new PV installations hit 3.15 GW in 2023
The French solar market grew by around 30% in 2023, reaching 3.15 GW, according to new data from Enedis. PV systems for self-consumption accounted for around one-third of all new capacity additions.
AmpIn Energy Transition secures 6 MW solar project with Nagpur Metro Rail
AmpIn Energy Transition (formerly Amp Energy India) has signed a 25-year power purchase agreement for a 6 MWp solar project with the Maharashtra Metro Rail Corp. Ltd (MMRCL), Nagpur Metro Rail Project.
Sterling and Wilson Renewable Energy closes Q3 FY24 with five project wins totalling over INR 2,400 crore
Sterling and Wilson Renewable Energy’s gross unexecuted order value as on Dec. 31, 2023 stood at INR 8,750 crore.
Bosch unveils cold climate heat pump for residential applications
According to the manufacturer, the new Inverter Ducted Split (IDS) Ultra heat pump can provide 100% heating capacity at an outdoor temperature of -15 C and can operate down to – 25 C.
Israel raises tariffs for commercial PV by up to 33%
Israel’s Electricity Authority says it has reached a decision on tariffs, as current rates do not ensure the viability of large rooftop PV projects. It has also raised the tariff for stored electricity sold at peak times.
NTPC tenders EPC package with land for 200 MW of solar projects
NTPC Green Energy Ltd, on behalf of IndianOil NTPC Green Energy Ltd, has invited domestic bids to develop up to 200 MW of interstate transmission system (ISTS) connected ground-mounted solar PV projects on an EPC basis anywhere in India.
The practicality of a 100% renewable energy system
The biggest question for the transition from the conventional practice of electricity generation to 100% eco-clean renewable energy resources is, can we maintain the electricity grid stable every minute of every day? The answer is clearly YES, and it is practical.
