200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
IREDA to Provide Consultancy to Goa Shipyard for Solar Rooftop Project Updated On Mon, Jan 31st, 2022 by Saurenergy State-owned Indian Renewable Energy Development Agency (IREDA) on Saturday inked a memorandum of understanding with Goa Shipyard to provide its techno-financial expertise to set up a rooftop solar power project. Under the MoU, IREDA will assist Goa Shipyard Ltd (GSL) to set up a rooftop solar power project at the headquarters of the company in […] Read more
After Record 2021, Rooftop Solar Likely To Face Headwinds In Australia Updated On Sat, Jan 22nd, 2022 by Saurenergy Solar power in Australia is a fast growing industry. As of September 2021, the country had an installed photovoltaic capacity of 23,466 MW, of which at least 4,117 MW had been installed in the preceding 12 months. Notably, the installed PV capacity in Australia increased tenfold between 2009 and 2011 and quadrupled between 2011 and 2016. […] Read more
California Might Cut Major Rooftop Solar Incentive After Years of Debate Updated On Tue, Dec 14th, 2021 by Saurenergy California on Monday proposed reducing the rate at which homeowners can sell excess electricity from their rooftop solar panels into the grid, weakening a policy that has underpinned dramatic growth in the renewable energy industry for years. The announcement by the California Public Utilities Commission triggered an outcry from the solar panel installation industry, whose […] Read more
Solar Marketplace Otovo Powers Up German Presence Updated On Mon, Dec 6th, 2021 by Saurenergy Norwegian solar marketplace firm Otovo has started operations in Germany. That takes the country count to 7 for the firm launched in 2016 to make solar rooftop installations an easier task for customers. Otovo claims that over 500 installer companies work with Otovo in Europe. These companies select which types of solar systems they want […] Read more
S.Aussie Grid World’s 1st to Reach Zero Demand, Rooftop Solar Was Key Updated On Mon, Nov 22nd, 2021 by Saurenergy To its knowledge, says the Australian Energy Market Operator (AEMO), South Australia is the first gigawatt-scale power system in the world to approach zero operational demand due to such high proportions of demand being met by distributed energy resources (DER) such as rooftop solar. DERs are growing rapidly in the region, with more than 200 […] Read more
Home Security Firm ADT Enters Rooftop Solar Market in US with Sunpro Solar Acquisition Updated On Thu, Nov 11th, 2021 by Saurenergy In a major change to the rooftop solar market in the US, home security giant ADT has entered rooftop solar segment by acquiring Sunpro Solar, rebranding the company as ADT Solar. ADT Inc has announced the deal for Sunpro Solar, at $160 million in cash plus approximately 77.8 million shares of ADT common stock, implying […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more
Rooftop Solar Sets New Gen Record on Australian Grid Amid RE Boom Updated On Wed, Oct 6th, 2021 by Saurenergy With generation capacity peaking at 9,104 MW at midday on October 6, 2021, and contributing to more than one-third of the total generation mix on the National Energy Market, rooftop solar has established yet another record in Australia. At midday on Wednesday rooftop solar was supplying 34.6% of the total generation mix on the NEM, […] Read more
