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Crypto mining employing solar energy legalized in Uzbekistan

A presidential decree published this week ben in Uzbekistan says that the companies in the country will be allowed to mine cryptocurrencies by employing solar power. The decree makes it clear that these solar powered crypto operations by both domestic and foreign companies will be exempt from the income tax. The objective behind this presidential […]

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Judge sides with Elon Musk in lawsuit over SolarCity

A judge in the state of Delaware on Wednesday handed Tesla chief Elon Musk a victory in a shareholder lawsuit filed over the controversial buy of solar panel maker SolarCity. The judge ruled against a group of Tesla shareholders who contended that Musk, who was chairman of both Tesla and SolarCity at the time of […]

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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […]

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Borosil to acquire Europe’s largest solar glass maker Interfloat Group

Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […]

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GESCOM invites bids for 3 MWp rooftop solar systems in Karnataka

Gulbarga Electricity Supply Company Limited (GESCOM) has invited bids for the empanelment of vendors for the development of 3MWp rooftop solar plants in residential buildings under Phase-II Scheme of MNRE in Karnataka. Key dates of the tender are as below: Last date for submission of queries : 02.05.2022 @ 11.00 Hrs. Pre-Bid meeting : 04.05.2022 […]

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Gautam Solar Introduces ‘Gel Battery’ for Better Storage Across Sectors

Gautam Solar has launched a new Gel Battery for domestic and international markets to address the need for energy storage for solar power plants, electric vehicles, telecom and rural electrification. Gautam Solar says that its Gel Batteries are cost -effective, thermally stable, long lasting and sealed maintenance free with no topping up ever required. Gautam […]

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Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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Thailand Counts on Crypto To Power One Million Farmlands With Solar

The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […]

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Low demand for grid-connected rooftop solar systems in Kerala

Kerala, the most literate state in the country with a high proportion of urban, independent housing, is failing the rooftop solar test. Grid-connected rooftop solar power systems, one of the key projects identified to meet the state’s solar target, is failing to  attract many users. This, even as the state discovered fairly competitive prices for […]

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