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solar market

Domestic Solar Manufacturing Bodies Get Behind ALMM

Speculation about the government granting exemption, or ‘grandfathering’ certain projects bid out till early 2021 from complying with the Approved List of Module Manufacturers (ALMM) stipulation, has been gaining pace. With some noted sources going as far as predicting it, multiple domestic solar manufacturer led bodies have found it opportune to put their weight behind […]

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […]

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Amplus Solar Bags 56 MW Solar Plant Contract from JK Lakshmi Cement

The cement industry is a major carbon emitter and employing renewable sources of energy could help them curb produce green electricity and control carbon footprint. Cement firms have begun to take note of this all and taking initiatives in this direction. Cement major JK Lakshmi Cement is the latest firm headed towards renewables. The firm […]

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Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4

A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […]

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Australian Solar Developer’s Modular Solar Tech to Power Lithium Mine Project

Australia based solar energy technology developer 5B has said that it will be partnering Zenith Energy to develop the Kathleen Valley Lithium project in Western Australia. The solar project will supply green energy to the biggest battery metals mines. The project will be powered by 5B Maverick technology- a ground mount solar solution designed to […]

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TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023

French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […]

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IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU

The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […]

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Priced at Rs 15,000, Twin Solar Cooking Top To Mark Debut at India Energy Week

Last year, the Indian Oil Company unveiled Surya Nutan, a solar cooking system developed indigenously. The three models introduced were priced in the range of Rs 12,000 and Rs 23,000, kitchen connected and rechargeable. Now, the CPSU has gone a step ahead and introduced a twin cooktop model. Said to be priced at around Rs […]

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