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benefits of solar energy

Biden Invests $366 Mn To Lower Energy Cost In Remote Communities

US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Biden’s investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible […]

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India’s Solar Manufacturers Make Their Case At Ahmedabad’s SmarterE India

At the SmarterE India, (formerly Intersolar event) event in Ahmedabad, it was a day for India’s solar manufacturers to make their case at a time when far too many policy influencers seem confused about the future. The conference for the event, in a session titled ‘ A Status Update On Domestic Manufacturing” on day 2(Feb […]

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Rayzon Solar Extends Partnership With Gujarat Titans, CSK

Rayzon Solar, a Gujarat based solar panel manufacturer that has grown aggressively in the past three years, has announced an extended partnership with Gujarat Titans. It also announced to join hands with Chennai Super Kings for the 2024 IPL season. In cricket crazy India, the IPL remains by far the most marketable media property in […]

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Selling Solar To India: The 5 Challenges To Overcome

The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […]

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Perovskite Solar Cells Can Emerge An Alterative To Gallium In Space: Study

Merida Aerospace, a Tampa-based aerospace company, is developing perovskite solar cells tailored for space applications, with a specific emphasis on enhancing performance and economy for low Earth orbit (LEO) satellites. LEO satellites often rely on solar panels as their primary power source, capturing sunlight during orbital solar exposure for sustained operation. These panels enhance weight […]

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COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL

NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […]

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IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE

A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […]

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Solar Finance Startup Metafin Gets $5 Million Funding

Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […]

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