India’s largest renewable energy company, ReNew Power won India’s first e-Reverse Auction of 400 MW renewable energy project conducted by Solar Energy Corporation of India Ltd. (SECI) and will be the first company to deliver round the clock electricity supply. The other winning bidders included Solarpack, Avikiran Surya (ENEL Green Read more…
Number of partnerships were inked on 8 th September 2020 at the First World Technology Summit hosted by the International Solar Alliance (ISA). ISA has been given the nodal agency mandate for implementing India’s global electricity grid plan. It has also entered into a partnership with NTPC which will help Read more…
Number of partnerships were inked on 8 th September 2020 at the First World Technology Summit hosted by the International Solar Alliance (ISA). ISA has been given the nodal agency mandate for implementing India’s global electricity grid plan. It has also entered into a partnership with NTPC which will help Read more…
Solar leases and solar PPA are financial setups wherein the homeowner does not own solar energy installation on their roof, it is owned by the lease or PPA company. Let us look at the difference between the two to understand which is the best fit model for your personal needs. Read more…
Global module and module-component prices continued their price declines in the first five months of 2020, with BNEF reporting mono c-Si modules down 8% to 0.21/W, multi c-Si modules down 11% to $0.19/W, cells down 24% to $0.10/W, and polysilicon down 18% to $6.5/kg. • PVInsights reported average module prices Read more…
From 2010 to 2019, shipments from the top 10 PV manufacturers grew from 11 GW to 78 GW, with some companies shipping more than 10 GW annually. • Only four of the leading companies in 2010 remain in the top 10 in 2019, and all in the bottom half. • Read more…
From 2010 to 2019, the efficiency of modules installed in the United States increased significantly: – 14.4% to 19.4% for mono c-Si – 13.7% to 17.4% for multi c-Si – 11.0% to 17.4% for CdTe. • Based on preliminary data for Q1 2020, the average efficiency of mono c-Si and Read more…
In 2019, global PV shipments were approximately 123 GW—an increase of 39% from 2018. • In 2019, 62% of PV shipments were mono c-Si technology—a level not seen since the early 1980s. • In 2019, revenue from PV deployment was more than 10X revenue from PV manufacturing. • Despite tariffs, Read more…
India installed 9.9 GW of PV in 2019, a decline of 8% y/y and 23% from its peak in 2017. – Large-scale projects accounted for 85% of 2019 installs and 88% of cumulative PV installations. – Mercom attributes the difficulties in the largescale PV market to come from: contracting and Read more…
Open access allows large users of energy, mainly those who consume over 1 megawatt of power, to buy power from the open market instead of depending on a more expensive grid.Haryana electricity distribution companies (discoms) are yet to allow solar power developers to use their power transmission and distribution networks Read more…