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Understanding P50, P90, and P99 in solar energy

In the solar energy sector, P50, P90, and P99 represent the probability that a project will generate at least a certain amount of electricity in a given year. This article explains what these probabilities mean, why they are important, how they are calculated, and how to use them.

Waaree Energies secures 150 MW solar PPA with MPPMCL

Waaree Energies has signed a power purchase agreement to supply 150 MW of solar power to M.P. Power Management Co. Ltd (MPPMCL).

Solar risks: Hail, AI error, wildfire, and more

Hail damage remains a top risk to large-scale solar assets in USA, according to an annual report from kWh Analytics.

2025: A landmark year for solar energy

The IEA-PVPS 2025 Snapshot of Global PV Markets reveals a pivotal moment for solar power: global PV capacity surpassed 2.2 TW, with more than 600 GW installed in 2024 alone. As module prices fell due to oversupply, installation volumes continued to grow, highlighting both the strength and volatility of the global PV industry.

Financing India’s clean energy transition 

To effectively meet its clean energy and net zero targets, India must address the current limitations in its green financing models. Additionally, the lenders must take into account sector specific risks.

Solarium Green re-enters solar module manufacturing with new 1 GW facility in Ahmedabad

The 1 GW solar module facility is scheduled to start commercial operation in the fourth quarter of the current fiscal year 2025-26.

New cooling gel could raise PV module efficiency by 12%

Researchers in Saudi Arabia have developed a hydrogel composite that absorbs moisture in solar modules overnight and facilitates evaporative cooling throughout daylight hours. The system has undergone lab tests and outdoor experiments on two continents.

Sunnova files for bankruptcy

US residential solar company Sunnova has entered into asset and power purchase agreements to support operations while it seeks a buyer.

Jakson Green hits 5 GWp of solar O&M portfolio

Jakson Green Renewables, the asset management arm of Jakson Green, has secured an additional 1 GWp in solar operation and maintenance (O&M) contracts, pushing its total O&M portfolio to an impressive 5 GWp.

Acme Solar commissions additional 75 MW at Sikar project in Rajasthan

The latest addition takes Sikar solar project’s total commissioned capacity to 240 MW out of a planned 300 MW.

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