U.S. Environmental Protection Agency seeks to ‘instantly terminate’ $20 billion in clean energy grants
Administrator Zeldin said there will be “zero tolerance of any waste and abuse,” saying financial agreements under the Greenhouse Gas Reduction Fund must be “instantly terminated.”
Germany hits 100 GW solar milestone
The country installed around 1.12 GW of new PV capacity in January, thus raising its cumulative installed solar power over the 100 GW threshold.
Enhanced Innovations develops solar-powered cold storage unit for ‘last mile’ vaccine transport
India’s Enhanced Innovations has developed the Phloton active cooling vaccine carrier with a 14-hour lithium battery backup and solar charging support.
Borosil Renewables posts INR 8.64 crore net loss in Q3
The solar glass manufacturer said all of its major export markets are showing lower demand due to low level of local manufacturing as cheap modules imported from China dominate the installations.
ABB Q4 profit up 54% year-on-year
ABB has reported a profit after tax of INR 532 crore for the Oct-Nov-Dec period of 2024, up 54% as compared to the same period in CY 2023.
Global module prices stable-to-soft amid mixed sentiments
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
PM Surya Ghar: Muft Bijli Yojana turns one
The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is reshaping India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.
ACME Solar Holdings reassigned A+/Positive credit rating by Crisil
Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.
India exported solar modules worth $782 million in April-Nov. period of 2024
India exported solar PV modules worth around $782 million in FY 2024-25 till Nov. 2024. The value of exports to USA stood at $756.08 million.
