SJVN allocates 1.2 GW wind-solar hybrid capacity at $0.038/kWh
Datta Infra, EG Energy (Enfinity Global), Gentari Renewables, Juniper Green, and Sunsure Energy have emerged winners in SJVN’s auction for 1.2 GW of wind-solar hybrid capacity.
Waaree Renewable Technologies posts its highest-ever quarterly revenue at INR 524.47 crore
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 524.47 crore and net profit (profit after tax) of INR 53.52 crore for the second quarter ended on Sept. 30, 2024 (Q2 FY 2025).
PVEL scorecard shows ‘relevant risks’ for TOPCon technology
The results of this year’s Kiwa PVEL scorecard have shown that TOPCon technology is more vulnerable than PERC, and the failure rate at bill of materials has increased to 41%, the highest in history, according to the testing lab.
U.S. CHIPS Act makes solar manufacturing eligible for significant tax credits
Upstream solar manufacturing will be supported by the Investment Tax Credit, based on final rules released by the Department of the Treasury.
Rajesh Power Services plans to raise around INR 150-160 crore through IPO
The Gujarat-based EPC service provider for the power sector intends to utilise part of the net proceeds for in-house development of technical expertise in the production of green hydrogen and associated equipment such as electrolysers.
India added 12.8 GW of solar capacity in H1 2024, says Mercom
India installed 12.8 GW of new solar capacity in the Jan-June period of 2024. This included 11.7 GW from large-scale solar projects (including 3.7 GW of off-site C&I projects) and more than 1.1 GW rooftop PV.
K.P. Energy to build 1 GW of solar, hybrid projects
K.P. Energy will install and commission 728.7 of wind-solar hybrid and 275 MW of solar projects.
Rajasthan, Gujarat need policy interventions to sustain leadership in renewable energy deployment: IEEFA
A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) recommends lower incremental green tariffs, dedicated infrastructure funds, green budgeting, scaling up distributed renewable energy and advancing grid modernisation and energy storage to cement Gujarat and Rajasthan’s leadership in renewable energy deployment.
Module power output distortion on rise
A study by German research institute Fraunhofer ISE has revealed a troubling trend. Data shows that modules are increasingly attributed higher power ratings than they actually have. Though the percentages are incremental, it all
adds up.
Solar manufacturing facing substantial pressures, says IEA-PVPS
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse.
