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EU Investigates Distortive Practices By Chinese Solar Companies In Foreign Subsidy

European Commission has initiated two in-depth investigations under the Foreign Subsidies Regulation (FSR) related to the potential distortive role of foreign subsidies given to bidders in a public procurement procedure. In the investigation, the commission will assess whether the economic operators concerned did benefit from an unfair advantage to win public contracts in the EU. […]

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COVER STORY: India Gears Up For Solar Waste Recycling Challenge

The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […]

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SOFAR Brings PV & ESS Solutions At Solar Solutions 2024

Photovoltaic and Energy Storage System solutions company SOFAR presented its various products during the Solar Solution conclave 2024. SOFAR PowerMagic, a system crafted for C&I ESS, made a debut at the expo. It’s endowed with an efficient liquid cooling system and intelligent temperature control, promising unsurpassed cooling capabilities and energy efficiency. The modular design allows […]

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JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid

Four firms won the bid that was issued by Solar Energy Corporation of India’s (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar Energy were the winners in the auction by SECI. The […]

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Midsummer Partners With SopraSolar For Solar Roof Product For Low-Load Bearing Roof

Swedish thin film solar panels manufacturer Midsummer has entered into a collaboration with France-based SopraSolar, a subsidiary of Soprema, manufacturers of roofing materials. Soprema’s subsidiary will integrate Midsummer’s thin film solar pane membranes, which opens up a very large market for the new product. According to the media statement, with Midsummer panels, Soprasolar will be […]

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Navitas Solar Launches Its N-type TOPCon At Intersolar India 2024

Surat-based module manufacturing company, Navitas Solar, has announced that it has launched its latest next-generation N-Type TOPCon modules at The Smarter E India – Intersolar India 2024. The company has launched the N-Type TOPCon module with a 12-year product warranty and a 30-year performance warranty. Further, according to the press release by Navitas Solar, the […]

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COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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NTPC Objects To Solar Cell Imports From China, Loses Case Before CERC

In a recent case before the Central Electricity Regulatory Commission (CERC), Indian power behemoth NTPC objected to the plan of a solar power developer to continue importing solar cells at higher prices. The development came to the fore when Solairepro Urja Pvt Ltd, a Pune-based solar developer, moved CERC seeking compensation.  The firm demanded compensation […]

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First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act

First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […]

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