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First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act

First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […]

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The Success Story of Solar Lighting in Rural Landscapes

By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination during the night. India’s rural communities form the foundation of […]

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Romania Joins As The 118th Member Country Of International Solar Alliance

In a big boost to accelerate global adoption of solar energy, Romania officially joined the International Solar Alliance (ISA) as its 118th member country, signalling a robust commitment to advancing solar energy and contributing to global climate action. Romania, under the leadership of H.E. Mr. Klaus Werner Iohannis, President of Romania, formally signed the framework […]

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Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY

The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […]

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European New Trade Defense Measure To Impact Solar Jobs: Report

Solar Power Europe recently released a joint statement and warned that 433 European solar companies and associations may undertake trade measures. They add that, these measures could negatively affect solar jobs in EU, and cause detriment to EU’s green energy transition, which is currently at a critical moment in time. The report mentions that the […]

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TOPCOn Makes Inroads In India’s Solar Manufacturing Sector

Around 2019, mono-PERC (Passivated Emitter Rear Contact) was well on its way to dominate the solar market in India, in a market that was ruled by polycrystalline modules until then. Researchers and developers had already estimated its dominance five years ago in 2014, but it took a wholesale shift to mono-PERC by leading Chinese manufacturers […]

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OREDA Issues Bid For Rooftop Solar, Allows Virtual Net-Metering

The Odisha Renewable Energy Development Agency (OREDA) issued a tender seeking solar energy generators for installing rooftop solar systems under RESCO model. Under the model, the solar energy generator will install the rooftop solar systems in government buildings on and will charge the government rentals for their services.  As per the tender documents, the interested […]

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