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.
Saatvik Solar commissions ‘Asia’s largest’ single-rooftop solar project
Saatvik Solar has installed a 12 MW rooftop solar plant at Jindal Steel and Power Ltd’s plate mill based in Angul, Odisha. The plant uses Saatvik mono PERC 545 Wp solar modules.
Jindal Steel & Power commissions 3.25 MWp building-integrated solar roof in India
SG Ornate Solar Solutions built the 3.25 MWp in-roof solar plant above the SSD-5 steel cold forming unit of Jindal Steel & Power Ltd (JSPL) in Angul, Odisha. The plant is spread across an area of 2,00,000 sq.ft.
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.
Solis hits 4 GW milestone in India
Solis has shipped 4 GW of solar inverters in India since its entry in the nation in 2015.
Global solar corporate funding up 42% in 2023
Investors and developers raised more than $34.3 billion in 160 deals last year, according to a new report by Mercom Capital.
Tata Power Solar facilitates INR 3,500 crore of customer financing to boost PV adoption in India
Tata Power Solar ties up with 20+ leading financial institutions, financing up to 85% of the addressable order book. It has facilitated solar financing for over 2,200 commercial and industrial customers till date.
How to combine residential heat pumps with PV, battery storage
New research from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has shown that combining rooftop PV systems with battery storage and heat pumps can improve heat pump efficiency while reducing reliance on grid electricity.
Budget lays focus on residential rooftop solar, EV infrastructure
Finance minister Nirmala Sitharaman today tabled the interim budget for FY 2024-25 in the parliament. Budget highlights include announcements about the residential rooftop solarization scheme, viability gap funding for offshore wind, and government support for EV manufacturing and charging infrastructure.
Hindustan Coca-Cola Beverages achieves carbon neutrality in its Karnataka plant
Hindustan Coca-Cola Beverages’ bottling plant in the Ramanagara district in Karnataka has been certified as carbon neutral. The facility has significantly reduced its carbon footprint by sourcing over 90% of its power from renewable energy.
