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Residential PV

Indonesian government abolishes net metering

The Indonesian government has ended net metering for rooftop solar installations. The Jakarta-based Institute for Essential Services Reform says this could make it harder for the country to meet its solar deployment targets, as PV installations will become more expensive for households and small businesses.

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Polycab unveils three-phase inverters for residential, commercial rooftop solar projects

Polycab has unveiled three-phase inverters for residential and commercial rooftop solar PV projects. The inverters have a nominal power rating ranging from 5 kW to 30 kW and a maximum efficiency of 98.4%.

Rooftop solar’s success results in ‘struggling’ large-scale segment in Australia

As rooftop solar racks up records in Australia, price cannibalization has resulted in a “struggling” large-scale market segment. Bruce Mountain, head of the University of Victoria’s Energy Policy Centre, says that increasingly depressed wholesale electricity prices during the day are squeezing out big PV.

India needs INR 30 lakh crore investment during FY 2024-30 to meet its COP Climate Pledges: IREDA CMD

The investment is required in building capacities across solar, hydro, wind, and waste-to-energy sectors, green hydrogen (including electrolyzers), batteries, and transmission.

Prime Minister Narendra Modi launches residential rooftop solar scheme for free electricity 

The PM Surya Ghar Muft Bijli Yojana offers a subsidy of INR 30,000 ($361) per kW up to 2 kW for residential rooftop solar systems, and INR 18,000 per kW for additional capacity up to 3 kW. The total subsidy for systems larger than 3 kW is capped at INR 78,000.

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Canada’s SPARQ Systems enters PV microinverters partnership with Jio

Canada-based microinverter company SPARQ Systems has entered into a partnership agreement with JioThings, a fully owned subsidiary of Jio Platforms Ltd. of Reliance Industries, to supply the Indian conglomerate with PV microinverters.

ALMM mandate reimposed: What it means   

The ALMM mandate reimposed from April 1, 2024 provides relief for solar developers with advanced progress in development and with expected commissioning post-March 31, 2024. It also allows exemption for open access-based and captive solar projects, enabling these projects to source modules from the most cost-competitive sources.

LG launches new residential storage solution

LG has developed two versions of its new enblock E storage system, each with usable energy capacities of 12.4 kWh and 15.5 kWh. It says the two models, sized at 451 mm x 330 mm, can be easily deployed in small spaces.

Trane debuts air-to-water heat pumps

The new products use propane (R290) as a refrigerant and have heating and cooling capacities ranging from 8 kW to 30 kW.

Tata Power Q3 FY 2024 PAT grows to INR 1,076 crore

Tata Power’s profit after tax for the third quarter (Oct-Nov-Dec. period) of FY 2024 grew to INR 1,076 crore compared to INR 1,052 crore in Q3 FY 2023.

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