Solar

SolarSquare raises $40 million in series B funding from Lightspeed

Company plans to use the funding to expand its operations, hire talent, and for brand building

Solar sector caught in a haze as Adani storm to hit funding, project plans

Sector majors are likely to shy away from SECI tenders, stating that Letters of Allocation (LoA) are no longer a gold standard

Unravelling mysteries of the sun: Where's Nasa's Parker Solar Probe now?

The Parker Solar Probe mission aims to investigate the mysteries of the sun's corona, its outer atmosphere. Here's all you need to know

India re-elected as President of International Solar Alliance till 2026

Union Minister Pralhad Joshi on Monday said India has been re-elected as the President of Indian Solar Alliance (ISA) from 2024 to 2026. Addressing the press conference at 7th General Assembly of the ISA, Joshi informed that France has been reelected as Vice-President of the ISA. India's election to the President post is a testament to the impactful work the country, under the leadership of Prime Minister Narendra Modi, has been doing over the years for the global good in advancing solar energy adoption across the globe and boosting investment in essential solar projects, including mini-grids and healthcare solutions, Joshi opined. Eight Vice Presidents of the Standing Committee, two from each of the four ISA geographical regions, were also selected by the Assembly. From the Africa Region, Ghana and Seychelles have been selected as the Vice Presidents, while South Sudan and the Comoros will support the Vice Presidents as Vice-Chairs of Africa. From the Asia and the Pacific Region

JSW Energy ink pacts to supply 1,200 MW solar-wind power to Maha discom

JSW Energy on Friday said that its two arms have signed agreements to supply 1,200 MW of power to Maharashtra State Electricity Distribution Company. JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, step-down subsidiaries of JSW Energy, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for state transmission utility (STU)-connected solar-wind hybrid capacity, according to a company statement. The agreements have been signed for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. The letters of award for these projects were received on August 29, 2024, and September 10, 2024, respectively, JSW Energy said. The projects are expected to be commissioned within 24 months, it said, adding that the agreements are set for a 25-year period at a tariff of Rs 3.60/kWh. Currently, the company has a project pipeline of 8.3 GW, with PPAs signed for 4.4 GW. JSW Energy has total locked-in generation cap

India presses ahead with coal as China cuts permits ahead of COP29

Until two years back, it was the reverse: India was pushing renewables and freezing new coal projects while China was pressing the pedal on coal

Vikram Solar files draft papers to raise Rs 1,500 crore through IPO

Solar module maker Vikram Solar on Tuesday said it has filed draft papers with market regulator Sebi seeking permission to raise Rs 1,500 crore through an initial public offering (IPO). The initial share sale will include fresh issues of equities worth up to Rs 1,500 crore and an offer for sale (OFS) of up to 17.45 million shares by its promoter group, the Kolkata-based firm said. The issue at a face value of Rs 10 each will include a fixed quota for eligible employees, alongside a discount for those participating in the employee subscription portion, according to the draft red herring prospectus (DRHP) filed by the company. Besides, the company may also consider issuing specified securities up to Rs 300 crore as a "pre-IPO placement", it said. Of the total issue size, up to 50 per cent of shares will be allocated to qualified institutional buyers, 15 per cent to non-institutional bidders, and the remaining 35 per cent will be open for retail subscriptions by individual investors.

Madhya Pradesh, Uttar Pradesh partner to develop 8 Gw solar power plants

These projects would supply power to each state during high demand seasons, alternating every six months

4th RE-Invest summit: 100-day work shows our priorities, says PM Modi

India best bet for 21st century, its solar revolution a golden chapter

Local procurement mandate for solar power projects may get stringent

Proposal comes amid rising solar imports despite regulatory, tax curbs

'Scaling up not a challenge for us anymore' : Waaree Renewable Tech CFO

Order book at 2.1 GW for next 9-12 months, bidding pipeline at 15 GW for solar EPC major

SpaceX Falcon Heavy launches new satellite to monitor solar storms

Once it arrives to its intended orbit, a fixed position high above the Earth, the GOES-U satellite will use a compact coronagraph that will help weather forecasters monitor solar storms

Govt asks builders to provide rain harvesting, solar in housing societies

Asserting the need to decentralise the water and energy production system, Housing and Urban Affairs Additional Secretary D Thara on Friday asked real estate developers to change the way they build housing projects and make them self-sustainable. Speaking at the 3rd convention of realtors body Naredco's women wing 'NAREDCO Mahi' on Friday, she asked real estate developers to make provisions of rainwater harvesting compulsory in their projects and also add playing area for children. "It's very important to change the way we are building houses. Let us not get water from outside. Can you get water for your own buildings, for your own use and energy from your own buildings, for your own use," Thara said when asked about her wish list from the developers' fraternity. "The world has to change from centralised energy and water production to decentralised citizen-based water and energy production. Rainwater harvesting cannot be an addendum to our buildings. It has to be part of integral ..

New economy, old habits

There is no doubt that the world needs to move with speed and at scale. But what will be the business model that we take to the new green world?

Solar storm puts light show across globe, no serious problems reported

A powerful solar storm put on an amazing skyward light show across the globe overnight but has caused what appeared to be only minor disruptions to the electric power grid, communications and satellite positioning systems. The US National Oceanic and Atmospheric Administration said extreme geomagnetic storm conditions continued Saturday, and there were preliminary reports of power grid irregularities, degradation of high-frequency communications and global positioning systems. But the Federal Emergency Management Agency said that as of early Saturday morning, no FEMA region had reported any significant impact from the storms. NOAA predicted that strong flares will continue through at least Sunday, and a spokeswoman said in an email that the agency's Space Weather Prediction Centre had prepared well for the storm. On Saturday morning, SpaceX's Starlink satellite internet service said on its website that service had been degraded and its team was investigating. CEO Elon Musk wrote on

'Extreme' solar storm hits Earth: Rare red auroral arc graces Ladakh's sky

A crimson glow lit up the dark sky in parts of Ladakh in a rare stable auroral red arc event at the Hanle Dark Sky Reserve in the high Himalayas due to the strong solar magnetic storms launched towards Earth. The solar storms or coronal mass ejections are from the AR13664 region of the sun that has produced several high energy solar flares, some of which are travelling towards Earth at a speed of 800 km/s, scientists at the Centre of Excellence in Space Sciences in India (CESSI), Kolkata, said. Spectacular auroras or northern lights lit up the skies in the higher latitudes of the northern hemisphere as skywatchers from Austria, Germany, Slovakia, Switzerland, Denmark and Poland shared pictures and short videos of the dancing lights on social media. In Ladakh, astronomers at the Hanle Dark Sky Reserve saw a red glow on the northwest horizon in the sky from about 1 am on Saturday that continued till early dawn. "We were fortunate to witness Aurora activities on our all-sky camera dur

Severe solar storm brings dazzling Aurora, threatens to trigger blackouts

The last time a storm this strong struck Earth was in October 2003, which caused power outages in Sweden and damaged transformers in South Africa

Rajasthan plans to go all out on solar, shun coal, to meet power demand

According to the plan, subsidised rooftop systems are to be installed at 500,000 houses in the first phase of PM Suryaghar Yojana in the state

SBI Surya Ghar Scheme for solar rooftop financing: All you need to know

All individual applicants who have sufficient roof area and rooftop rights on which the installation is proposed, can avail this loan for installation of solar roof Top of up to 3 KW capacity

Delhi govt notifies solar policy, will provide 400 units per month subsidy

The Arvind Kejriwal government has notified Delhi Solar Policy, 2023, that will help the consumers with monthly use of over 400 units to get zero bills through rooftop solar plants, a statement on Saturday said. Under the policy, the consumers who do not get subsidy for using more than 400 units per month can now install rooftop solar panels and get zero bills. The power bills of commercial users will be halved if they go for rooftop plants, said the statement of Delhi government. Currently, domestic consumers receive zero bills up to 200 units monthly consumption while monthly consumption 50 percent subsidy is given for 201-400 units. The Delhi Solar Policy, 2023, was announced by Chief Minister Arvind Kejriwal on January 29. The Delhi government will spend Rs 570 crores towards the implementation of the policy, it said. It provides for generation-based incentives' to solar panel installers, allowing for additional earnings of up to Rs 900 per month. Expenses incurred for ...