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IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market

In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […]

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A Simple Solar Light Is Life Changing In This Indonesian Village

Solar is more than just light. In a recent article on its website, IRENA has highlighted just how much. The article highlights the example of homemaker Konda Ngguna living in a small village in Laindeha, Sumba Island, Indonesia. Till a few years back, there used to be a total  blackout in the Laindeha village after […]

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Free Solar Panels Become An Issue In Mexico politics

Installation of solar panels for free onto residences has become a subject of confrontation and debate between the Mexico’s ruling party of President Andres Manuel Lopez Obrador and Marko Cortes, leader of the center-right National Action Party (PAN) since Sunday when the latter argued in favour of the proposal staking out its renewable energy credentials. […]

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Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools

The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […]

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Germany’s GridX secures $40 Million in Series C Funding

GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […]

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TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA

French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […]

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Solar power production in India getting impacted by forest fires: Study

Forest fires that plague different parts of India, especially during summers, play a major role in reducing solar power production in India, a study has found. Several factors such as clouds, aerosols, and pollution generated from various sources limit the solar irradiance, causing performance issues in the photovoltaic and concentrated solar power plant installations. Large-scale […]

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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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India, Maldives to Explore Transmission Interconnection For Renewable Power Transfer

The Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection for transfer of renewable power between the two countries. The proposal was discussed during the meeting between Power and New and Renewable Energy Minister R K Singh and Maldives’ Environment, Climate Change and Technology Minister Aminath Shauna in […]

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