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Solar Rental Marketplace OTOVO Raises €40mn Funding

Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […]

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Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth

Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […]

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EU Solar Market Faces Challenges From China and US: ESIA Report

The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing.  The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […]

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Ciel & Terre Hands Over 10.765 MWp Floating Solar Project at Jamshedpur Plant To Tata Steel

Tata Steel’s giant Jamshedpur works have added a small step towards becoming more sustainable with the completion of 10.75MWp Floating solar plant. Built by Ciel & Terre India, a subsidiary of the French floating solar leader, Ciel & Terre International,  the  project is India’s first floating solar installation within a steel power plant. According to […]

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Will Start Module Manufacturing By Nov: Shivam Gupta, Oswal Solar Structure

Why Oswal Group wants to venture into solar module manufacturing? Oswal Pumps has a legacy of around 20 years in India. We are one of the leading manufacturers of solar pumps in the country. We have supplied more than 1.5 lakh motors till now. In the last few years, we have noticed a rising demand […]

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What is ailing the growth of solar irrigation in Bihar? 

Birender Singh is a 68-year-old farmer based at Azamgarh village in Sitamarhi district of Bihar. Buoyed by his interest in solar, he installed a 2HP, off-grid solar pump in 2016. It was installed under the state government’s Chief Minister New and Renewable Energy Solar Pump Scheme.  Singh was among the 2,771 farmers who received the subsidized solar pump under the […]

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India Agrivoltaics Alliance Launched To Aid Growth Of Solar With Farming

The India Agrivoltaics Alliance (IAA) was launched, during the first India Agrivoltaics Summit held on October 30, by the Joint Secretary of Ministry of New and Renewable Energy (MNRE) Lalit Bohra. Supported by the India Climate Collaborative (ICC) and Bloomberg Philanthropies, IAA brings together organisations across the entire agriculture and solar value chains. This alliance […]

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NTPC REL Calls EPC Developers for 650 MW Solar Projects

NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting online bids from bidders on single stage two envelope (that is, envelope-I: techno-commercial bid and envelope-II: price bid) basis for EPC package for development of 650 MW (2 X 325 MW) grid connected solar PV projects at Bikaner, Rajasthan. The last date and time […]

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Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA

The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […]

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