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Cars And Solar Panel Roofs- Is There A Future Here?

To reduce pollution caused due to fossil-fuel-powered ICE vehicles, the techno-world has developed and adopted various technologies to substitute fossil fuel as a source of energy. Electric cars have been one of the biggest bets  to achieve zero-emissions mobility. Some of the automotive giants like Volkswagen Group, General Motors, etc., have already begun to sweep […]

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MNRE Calls For Proposals To Fund Under RE-RTD Program for 2022

The Ministry of New and Renewable Energy runs the Renewable Energy Research and Technology Development program (RE-RTD), with an aim to promote indigenous technology development for wide spread deployment of new and renewable energy in an efficient and cost effective manner across the country. Applications for the cohort seeking support will open from June 1, […]

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Fraunhofer Researchers Develop the World’s Most Efficient Solar Cell

Researchers at the Germany based Fraunhofer Institute for Solar Energy Systems ISE, using a new antireflection coating, claimed on May 30 to have successfully developed the most efficient solar cell of the world. Presenting the results at the 2nd International tandem PV Workshop in Germany, the researchers claimed to have increased the efficiency of the […]

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South India’s Second Big Renewable Push Starts Now

Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […]

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Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd.

Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […]

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GoodLeap Securitizes $467 Million Residential Solar Loan

Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […]

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NTPC commissions 35 MW Floating Solar Project in Kayamkulam

State owned power producer NTPC has announced that consequent upon successful commissioning, second part capacity of 35 MW out of 92 MW Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala, is declared on commercial operation w.e.f. 06:00 Hrs. of 19 May 2022. As per the announcement, the first part capacity of 22 MW was already […]

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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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WAAREE Energies Builds Order Pipeline Worth $2.37 billion

Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp. These panels will be produced in Waaree’s manufacturing facility using […]

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