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Utility Scale PV

REC secures JPY 60.5 billion green loan backed by Italian export credit agency SACE

REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.

Another bidding extension for 300 MW solar EPC in Andhra Pradesh

EPC contractors can now submit bids until May 8 to set up 300 MW of solar capacity in the Ramagiri district.

At least 29 countries installed more than 1 GW of PV in 2023

IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.

GameChange Solar, JZNEE to build 3 GW tracker factory in Saudi Arabia

GameChange Solar, a US-based tracker supplier, has announced the construction of a 3 GW tracker factory in Saudi Arabia, with plans for potential expansion to 5 GW in the future.

ISA to accelerate solar initiatives in Uganda

The International Solar Alliance (ISA) and the government of Uganda recently discussed accelerating the solar mini-grid project to address Uganda’s energy access challenge and advancing the solar water pumping project under the India, Brazil, and South Africa (IBSA) Fund. New areas of cooperation, such as establishing a Solar Technology and Application Resource Centre (STAR-C), were also explored.

India installed 7.1 GW of renewable energy capacity in March

India set new record for monthly renewable energy installation by adding 7.1 GW of renewable energy capacity in March 2024. This monthly RE addition comprised more than 6.2 GW from solar.

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Solar power generation in India hit by winter air pollution: Solargis

Solargis data indicates that Indian solar operators have experienced below-average PV panel performance due to air pollution in each of the past five Winters. Northern India experienced the worst air quality in decades this January with data showing a 30-50% dip in solar irradiance due to high aerosol levels.

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Global solar PV capacity hit 1.6 TW in 2023, says IEA-PVPS

The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.

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Sterling and Wilson Renewable Energy revenue up 51% YoY

Sterling and Wilson Renewable Energy has reported consolidated revenue of INR 3,035 crore in FY 2024, 51% up year-on-year. The company’s unexecuted order book surpassed INR 8,000 crore.

Amara Raja Infra secures 700 MWp solar project from Greenko

The 700 MWp solar project, spanning across a 2,200-acre site in the Kurnool District of Andhra Pradesh, marks Amara Raja Infra’s largest-capacity solar project to date.