Residential PV

Swedish furniture retailer Ikea is selling plug-in solar kits in Germany, with storage-inclusive systems starting at €1,229 ($1,425) and reaching €2,800 for versions featuring four 520 W panels. The kits are designed for residential self-consumption and vary by capacity and configuration.

Without resilient, responsive, and renewable-ready transformer networks, India’s decarbonization goals risk being destabilized by the very variability they aim to harness.

A new study by The Energy and Resources Institute (TERI) has estimated India’s total solar potential at 10,830 gigawatts (GW), significantly higher than the previous 2014 assessment of 748 GW by the Ministry of New and Renewable Energy (MNRE). The study revisits conventional solar deployment areas such as barren and unculturable lands and explores additional avenues to expand the country’s solar potential.

Residential solar is on a downturn, and things may get worse. In a shock for the industry, the latest draft of the “One Big Beautiful Bill Act” excludes residential solar lease providers from the Investment Tax Credit.

Scientists in Germany have collected dust from Qatar, Morocco and Thailand to analyze the impact on the performance of uncoated solar glass and uncoated PV mini-modules. Their analysis has shown that dust coverage could range from 4% to 60%.

New research from Hong Kong confirms that rooftop PV systems could raise daytime temperatures in urban environments. The scientists explained that although their findings highlight important urban resilience considerations, they should not detract from the broader benefits of PV systems for energy sustainability and carbon reduction.

Supporting a Just Transition in emerging economies requires not only large-scale capital for infrastructure such as renewables but also targeted financing for communities and small businesses. Capital should be matched to specific activities based on risk and impact, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

ReNew’s net profit for the quarter ended March 31, 2025 surged 415% year-on-year to INR 313.7 crore ($37 million) with external sales of solar modules and cells alone contributing INR 220 crore.

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.

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.