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ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand

In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […]

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Sungrow Unveils Residential Inverter Built with Recycled Material at REI 2023

Sungrow, an inverter and energy storage system supplier, has released its new residential single phase PV inverter SG5.0RS-L at REI 2023. Sungrow claims that its SG5.0RS-L delivers blazing-powerful performance in an ultra-light weight design. At the same time, its redesigned light weight cover increases corrosion resistance and lightens the installation. Eco-Conscious The new residential hybrid inverter SG5.0RS-L […]

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Inverter Firm SOFAR Launches PV & ESS Innovations at REI 2023

SOFAR, a provider of all-scenario PV & ESS solutions, drew attention by showcasing its solar and storage solutions at Renewable Energy India (REI), held at Greater Noida from October 4 to 6. New Inverter Launched Currently, utility segment contributes to the major growth of the Indian RE industry. The firm unveiled its 350kW inverter PowerMega […]

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Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions

Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […]

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Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity

US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […]

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Vestas Bags 1,220 MW Capacity Orders for Wind Turbines from Europe & US

Vestas, a Denmark-based wind turbine manufacturing firm, has entered into a series of new contracts to supply 1,220 MW of onshore and offshore wind turbines cumulatively to projects located in Europe and the United States. Eyeing the European Market Vestas is set to take over the European market, where it has bagged the majority of […]

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GoodWe Launches 320/350kW String Inverter for Utility Market

GoodWe, a PV inverter manufacturer and smart energy solution provider, has launched its new three-phase 1,500V utility string inverter, the UT (320/350kW). With this addition, GoodWe strengthens its utility segment portfolio by providing increased capacity and reducing Levelized Cost of Energy (LCOE), it claims. The inverter is designed to meet the demands of large-scale power […]

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KP Energy Bags 464.10 MW BoS Package for Wind Energy Project from NTPC REL

KP Energy Limited has been awarded a contract through the Notification of Award (NOA) for the development of a 464.10 MW Balance of System package for an Inter-State Transmission System (ISTS) connected wind energy project to be developed in the state of Gujarat. The contract has been awarded by NTPC Renewable Energy Limited (NTPC REL) […]

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