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With its rapid economic growth and increasing need for power services, India is well-placed to invest a lot more in clean, cheap reliable sources of power, especially in the solar sector. Nonetheless, this potential stays mainly untapped. The Indian federal government has set an objective of 100 gigawatts (GW) of solar energy capacity by 2022, yet it had actually just installed 34 GW by mid-2020.

Azure Power Global saw its price of deploying solar fall by almost 19% last year, however the company still recorded a net loss of US$ 38.1 million in the quarter finishing 31 March 2021 regardless of a year-on-year boost in earnings.

Researchers in China from the Yunnan Normal University and the Jiaxing University have developed a PV-powered ac system that utilizes ice thermal storage rather than batteries to store power.

The authorities expect to add 300 MW of rooftop solar in the next four years thanks to net metering regulations and hope the nation’s extensive clothing and textile industry will be encouraged to adopt PV.

The European Union’s executive arm has approved a major ownership shake-up of Spanish developer X-Elio Energy, giving Brookfield Asset Management the green light to purchase a 20% stake from Acek Renewables alongside a 30% tranche from US infrastructure fund KKR.

Canadian business Caledonia Mining Corporation plc wants to build a power plant at its Blanket mine near Gwanda, in southern Zimbabwe.

CMPDI, a subsidiary of Coal India has issued a tender for the commissioning of a 150 kW rooftop solar micro-grid power plant at the firms’ Ranchi office.

Researchers from the two prestigious U.K. universities are analyzing spatiotemporal charge-carrier dynamics in the perovskite materials used for solar applications. They have discovered the carriers propagate ballistically over 150nm within 20fs of photon absorption.

Sterling and also Wilson Solar Limited, a leading solar EPC as well as O&M remedies company, has actually commissioned a 66 MWp Al Husainiyah solar power plant in Jordan.

The Cochin International Airport will certainly provide its solar boats to the Muziris Heritage Project for the heritage tour. The boat has 15 solar panels, stores power in a battery, as well as can be put into operation for five hrs on solitary charging.

For AGEL, the 40 MW solar asset in Odisha validates itself on the basis of the price and also PPA with SECI. The company has actually been one of the most active buyers on the market for solar assets that consist of PPA with main endeavors.

UK-based Low Carbon Limited and US-based MassMutual have actually joined pressures to construct a leading global renewable resource Independent Power Producer (IPP). The collaboration aims to accelerate the development and operation of large-scale renewable resource projects with a concentrate on numerous Organisation for Economic Co-operation and Development (OECD) markets.

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania

BHEL has tendered s for developing the complete floatation platform for the 22 MW floating solar plant at NTPC Kayamkulam in Kerala.

NTPC Ltd has issued a tender for undertaking the O&M services for its 50 MW solar power project in Madhya Pradesh for a period of 1 year.