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Residential PV

Union Budget 2024-25: Solar developers call for ALMM deferment, tax cuts, and more 

With Union Budget to be presented next week, developers hope for reduction in GST [goods and services tax] and import duties on solar components, and deferral of the ALMM [Approved List of Models and Manufacturers] imposition until domestic supplies are sufficient.

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All indoor PV technologies at a glance

A review of indoor PV cell technologies by an international research team delves into recent progress, characterization, and design strategies used to develop highly efficient cells. The study presents 250 commercial and laboratory devices, as well as applications and performance reporting.

Elastocalorics could replace heat pumps, air conditioning systems

Elastocalorics have the potential to replace current air conditioning and heating systems, offering significant energy savings when paired with technologies such as photovoltaics.

Freyr Energy aims to solarize 1,000+ homes in Uttar Pradesh by March 2025

Freyr Energy, a residential solar rooftop solutions company in India, aims to install rooftop solar on more than 1,000 homes in Uttar Pradesh by March 2025.

India leading the solar wave to become world’s second-largest module manufacturer

Continued government support, coupled with strategic investments in technology and infrastructure, will be crucial in realizing India’s renewable energy goals and cementing its position as a global leader in solar module manufacturing.

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WoodMac predicts 3.8 TW of new solar by 2033

Solar developers are expected to install 3.8 TW (AC) of global capacity between 2024 and 2033, according to the latest forecast from Wood Mackenzie. The analysts predict that new wind and solar installations will reach a combined 5.4 TW, taking the cumulative global total of the two technologies to 8 TW by 2033. Energy storage capacity, […]

ICRA upgrades Tata Power to AA+ with Stable outlook

The ratings upgrade takes into account Tata Power’s healthy operating and financial performance driven by the diversified business profile, superior operating efficiencies, and long-term offtake agreements for the generating portfolio.

Schneider Electric inaugurates climate smart villages in Jharkhand

Schneider Electric, in collaboration with non-governmental organization PRADAN, implemented 40 kW and 45 kW solar arrays with Internet of Things (IoT)-enabled smart power management systems in Sehal and Chatti villages of Jharkhand. This system ensures 100% capacity utilization of the solar panels by diverting power to different loads based on demand, benefitting the 110 families in the two villages.

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Delhi’s peak power demand grew 3.8 times faster on hot and humid days than on moderate days in the last 12 months: IEEFA

Also, hot and humid days nearly doubled in the 12-month period till June 22, 2024 compared to the corresponding period in 2022-23, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).

IEA-PVPS releases fact sheet on environmental life cycle assessment of PV Systems

The updated IEA PVPS Task 12 Fact Sheet provides a comprehensive assessment of the environmental impacts associated with PV systems. It highlights the significant advancements made in PV technology, emphasizing improved efficiencies and reduced environmental footprints.

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