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SolaX Power to Launch Micro-Inverters for Indian Market Soon

Global solar inverter brand SolaX Power is set to introduce its latest innovation—solar micro-inverters—tailored for the Indian market. The company is in the final stages of launching these inverters, specifically designed for smaller residential rooftop solar installations. The move gains significance with the introduction of the PM Surya Ghar scheme, which supports compact solar setups […]

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Loom Solar Crosses Rs 150 Cr Milestone in Fy24, Profits Spike As Well

Solar energy solutions provider Loom Solar has managed around three-fold growth in its operating revenue during the last fiscal year. Significantly, the Faridabad-based company also tripled its profits in FY24. Loom Solar’s revenue from operations soared by 2.9X to Rs 151.5 crore in the fiscal year ending March 2024 from Rs 53 crore in FY23, […]

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Adani Green Commissions 250 MW Andhra Pradesh Solar Project

Adani Solar Energy AP Eight Private Limited, a subsidiary of Adani Green, has commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh. With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,591.1 MW. The company had earlier guidance for well over a GW of commissionings before March […]

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With 50 GW Additions, Solar Momentum Strong In US in 2024

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released by the Solar Energy Industries Association (SEIA) and Wood […]

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Macwin Solar Aims To Start New TOPCon Module Production From April

Gujarat-based solar company Macwin Solar has now planned to start the production of TOPCon-based solar modules from April of this year, the top management of the company told Saur Energy. In an interaction with Saur Energy, Parth Budheliya, Chief Operating Officer (COO) of the firm, said that the company plans to carve out its own […]

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US Faced $5,720/MWdc/Year Potential Revenue Solar Asset Loss

In 2024, solar assets in the United States faced an average potential revenue loss of $5,720 per MWdc per year, Raptor Maps’ Power Loss dataset revealed. It attributed this to equipment-related underperformance. It said that this marked a 15% increase from 2023 and a 214% surge over the past five years. Raptor Maps’ Power Loss […]

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Startup Focused On Stabilising Solar Heavy Grids Raises $15 Million

Brisbane, Queensland based Australian technology group EcoJoule Energy,  has raised $15 million to power its expansion into the UK, Europe and South East Asia. The battery storage company promises to address the challenges posed by thr addition of solar power through households to the grid with its power management products and software. Founded in 2014 […]

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Australia Set for Solar With 8 Hour BESS Backup

Australian Infrastucture investor Quinbrook Infrastructure Partners, has announced plans to pioneer a global market first in advanced long duration energy storage solution developed in a technical collaboration with CATL, the world’s leading battery energy storage system (BESS) manufacturer. The groundbreaking storage solution, believed to be the world’s first genuine 8-hour battery at more than double […]

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Corning, Suniva & Heliene Launch ‘Made in US’ Solar Production

Suniva, a US-based manufacturer of monocrystalline silicon solar cells, and Heliene, a solar module manufacturer, have announced a deal with Corning Incorporated. The company claims this is one of the first ‘Made in America’ solar module supply chains. Under the agreement, the two companies will supply the domestic market with US-made polysilicon, wafers, and cells. […]

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