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solar market

IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21

Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […]

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Middle East Solar Industry Association’s Mid-year Solar Outlook 2021

The Middle East Solar Industry Association (MESIA) is the largest solar trade association in the Middle East and North Africa (MENA) region. Established in 2009, it carries out solar-related activities and programs across the MENA region. The mid-year report is a more concise version of the MESIA Annual Outlook Report to be published in January […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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SolarEdge Earns $431.5 M Revenues from Solar in Q2 FY21

SolarEdge, an Israel-headquartered photovoltaics company, has announced its financial results for the second quarter ended June 30, 2021. The company reported $431.5 million of revenues from the solar segment, up 39% from $310.1 million in the year-ago period. “We are happy to finish the second quarter of 2021 with record revenues in both our solar and non-solar businesses […]

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Kajaria To Invest Rs. 264 Lakhs For Captive Solar Power Consumption

India’s ceramic wall and floor tile manufacturing company, Kajaria Ceramics Ltd. has announced to invest Rs. 264 Lakhs in an SPV for solar power captive consumption. In a meeting today, the Board of Directors (BoD) of Kajaria Ceramics Ltd. have approved investing up to Rs. 264 Lakhs in an SPV (Special Purpose Vehicle) for solar […]

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Corporates Almost Match Utilities As Solar Installs Hit New High In the US

A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […]

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Engineer -Solar

DNV Energy Systems, Bangalore office is looking for a bright and passionate individual to be part of the Solar team. Position Description:- In this role, you will be directly reporting to Head of Section- Solar. Broad Expectations: Responsible for the delivery of solar consulting services targeted towards project developers, lenders and investors and primarily related […]

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The 7-Point Checklist Before You Finalize Your Rooftop Solar System

Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […]

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Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study

A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […]

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