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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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LONGi Claims 27.81% Efficiency From Its Latest Solar Cell

Chinese solar manufacturer LONGi has announced a new record for solar cell efficiency, reaching 27.81% for its Hybrid Interdigitated Back Contact (HIBC) crystalline silicon solar cell. The figure was certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the company said in a statement. The result marks a new milestone in the photoelectric conversion […]

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CIL Issues Tender For 1 GW Solar Project At Rajasthan Solar Park

Coal India Ltd (CIL) has floated a tender to develop a 1 GW grid-connected solar power project at the 2,000 MW solar park of Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) in Pugal, Bikaner district, Rajasthan. CIL invited bids until May 7, 2025, CIL said in the tender document. The scope of work mandated the […]

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Oxford PV Licenses Perovskite Patent to TrinaSolar

In a significant boost to the future for Perovskite based PV technologies, Oxford PV, leading the commercialisation of perovskite-silicon tandem solar technology, and global solar major Trinasolar, have signed an exclusive patent licensing agreement for the manufacture and/or sale of perovskite-based photovoltaic (PV) products in China with an additional right to sublicense. With the Chinese […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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Havells Pumps Rs. 600 Cr Into Goldi Solar, Eyes Bigger Play In RE

Havells India has signed a binding term sheet to invest Rs. 600 crore in Goldi Solar. The investment, approved by Havells’ Executive Committee, is part of Goldi’s proposed fundraising round of up to INR 1,300 crore, expected to close within the next 75 days. In a regulatory filing, Havells said, “The binding term sheet provides […]

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Trinasolar Debuts Extreme Climate Resilient Module For Australia

Trinasolar, a global smart photovoltaic (PV) and energy storage solutions provider, has unveiled a new solar technology designed to protect utility-scale PV plants from Australia’s increasingly extreme and unpredictable weather. The Shield Extreme Climate Solution, introduced at the Smart Energy Conference in Sydney on April 9-10, combines reinforced structural modules with intelligent weather-responsive tracking. The […]

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NTPC REL Floats Tender For 1 GW Solar BoS Package In Bikaner

NTPC Renewable Energy Ltd (NTPC REL) has invited bids for a Balance of System (BoS) package to develop a 1 GW (2×300 MW + 2×200 MW) grid-connected solar power project in Bikaner, Rajasthan. The last date for bid submissions is April 21, 2025. The NTPC REL tender mandates the bidder to develop the project and […]

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Bihar Issues EPC Tender For Solar+BESS Project For Kajra

The Bihar State Power Generation Company Limited (BSPGCL) has floated an engineering, procurement and construction (EPC) tender for the development of a 116 MW (AC) solar power project in Lakshisarai, Kajra district. The project will also include a 50.5 MW Battery Energy Storage System (BESS). The deadline for submission of bids is April 10. The […]

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