TotalEnergies ENEOS completes rooftop solar plant in India
TotalEnergies ENEOS, a distributed solar joint venture of TotalEnergies and ENEOS, has installed a 1 MW rooftop solar plant for Yanmar’s industrial engine production facility in India.
Uttar Pradesh targets 22 GW of solar in next five years
The state government has announced its Solar Policy 2022, which places a special focus on the setting up of solar parks with storage systems. The policy also provides big incentives for the adotion of rooftop solar systems and the solarization of tubewells for agriculture.
All-perovskite two-terminal tandem solar cell tech with 32.3% efficiency
Indian scientists have designed a new all-perovskite tandem solar cell configuration that can reportedly achieve higher efficiencies than similar devices built with the same materials. The top perovskite cell has a wide bandgap of 1.75 eV and the bottom perovskite cell has a bandgap of 1.25 eV.
ReNew Power to build $8 billion green hydrogen plant in Egypt
Developer ReNew Power has signed an agreement with the Egyptian Government to establish a green hydrogen plant in the Suez Canal Economic Zone. The $8 billion project will produce 220,000 tons of green hydrogen per year.
Union Bank of India, Tata Power partner on low-cost finance for MSME rooftop solar
Union Bank of India will provide a low-cost loan with nil or minimum collateral to finance MSME rooftop PV projects executed by Tata Power Solar.
BCD pass-through to benefit up to 6 GW of solar projects
Tariffs will rise by 50-70 paise/kWh for up to 6 GW of solar projects as developers are allowed to pass on the impact of basic customs duty on cells and modules under ‘change-in-law’.
SunSource doubles its solar energy target to 1 GW by 2027
The distributed solar solutions provider will be supported by a strengthened local management team to meet its installed PV target of 1 GW.
Ernst & Young again ranks India as world’s most attractive solar market
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Waaree Renewable posts 864% Y-o-Y growth in H1 net profit
The company reported a net profit after tax of INR 18.08 crore ($2.23 million) in the half year ended September 30, 2022, an 864% growth over INR 1.88 crore recorded during the same period in the previous year.
Saatvik Solar secures 4 MW module order for PV projects at thermal power plants
Saatvik Solar will supply 4 MW of mono PERC modules to Bharat Heavy Electricals Ltd for PV projects at two thermal power plants in Uttar Pradesh.
