Page 2 - Solar Panels

PM Modi announces PM Surya Ghar Muft Bijli Yojana, to invest over 75000 cr

PM Surya Ghar Muft Bijli Yojana: PM Modi announces scheme to provide free 300 units of electricity every month by investing 75000 crore on this project

Dhami directs officers to make solar panels mandatory in all govt offices

Along with this, the Chief Minister also gave instructions to make solar panels mandatory in big commercial buildings

Pentagon to install rooftop solar panels as Biden pushes for clean energy

The Defence Department will install solar panels on the Pentagon, part of the Biden administration's plan to promote clean energy and reestablish the federal government as a sustainability leader. The Pentagon is one of 31 government sites that are receiving $104 million in Energy Department grants that are expected to double the amount of carbon-free electricity at federal facilities and create 27 megawatts of clean-energy capacity while leveraging more than $361 million in private investment, the Energy Department said. Energy Secretary Jennifer Granholm, Deputy Defense Secretary Kathleen Hicks and Brenda Mallory, chair of the White House Council on Environmental Quality, announced the projects Wednesday at the Pentagon. The solar panels are among several improvements set for the Pentagon, which also will install a heat pump system and solar thermal panels to reduce reliance on natural gas and fuel oil combustion systems Brendan Owens, assistant secretary of Defence for energy, .

KPI Green Energy, Emmvee ink deal for 300 MW of solar panels purchase

KPI Green Energy and Emmvee ink a major deal: Agreement reached for the purchase of 300 Megawatts of solar panels

Waaree Energies files IPO papers; plans to raise Rs 3K cr via fresh issue

Solar panel maker Waaree Energies on Friday filed fresh preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating to Rs 3,000 crore and Offer For Sale (OFS) of 32 lakh equity shares by a promoter and existing shareholders, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS include promoter Waaree Sustainable Finance Private Ltd and shareholders -- Chandurkar Investments Private Ltd and Samir Surendra Shah. Proceeds from the fresh issue will be used for setting up the 6GW (gigawatt) of Ingot Wafer, Solar Cell and Solar PV module manufacturing facility in Odisha. Besides, a portion will be used for general corporate purposes. Waaree Energies, one of the major players in the solar energy industry in India, is focused on PV module manufacturing with an aggregate installed capacity of 12 GW as of June 30, 2023. The Mumbai-based firm has a

Waaree Energies to invest $1 billion in Texas solar panel factory

The announcement is the latest major corporate commitment to solar manufacturing since passage of U.S. President Joe Biden's landmark climate change law last year which offers subsidies and tax breaks

Chhattisgarh Assembly elections: Congress' major focus on farmer schemes

Ahead of the Assembly elections, the state government is taking out schemes for the farmers as they constitute around 70 per cent of the state's population and are a key vote bank in the state

Govt plans to register only India-made solar panels under ALMM: RK Singh

The government is planning to register solar panels made up of only domestically manufactured cells, wafers and polysilicon under the Approved List of Models and Manufacturers in the next 3-4 years. Minister for New and Renewable Energy RK Singh has also asked the concerned officers of his ministry to prepare a policy in this regard. ALMM was introduced by the government to boost domestic manufacturing of solar panels. The modules with less efficiency are removed from the ALMM, the minister said. "We will evolve our policies. We will only protect those modules, which are made-in-India cells. In one or two years, we will bring such a policy. Then again, after 1-2 years, we will bring a policy that wafers and polysilicon should also be made in India. "We only register those players under ALMM whose cell, wafers and polysilicon are India-made," Singh said. The move will help in real 'Make-in-India'. The government will not promote the import of components of solar panels in the next

First Solar to invest billions of dollars in India's solar panel production

During PM Modi's visit to the US, both nations pledged to establish investment platforms to attract international private finance and accelerate the deployment of renewable energy projects in India

Centre reduces fee for solar PV module ALMM registration, expands validity

The changes in the ALMM for PV modules would improve the ease of doing business and aid in ramping up local production of solar PV modules, said BS Bhalla, Secretary of MNRE

Ayodhya to get 10 solar ferries on Saryu river to promote tourism

The carrying capacity of the ferries will range between 6 to 50 individuals

Punjab to install solar panels in all state govt buildings, says minister

This project will reduce the financial burden of the electricity bills of respective departments by approximately 40 to 50%

Mexico plans to ask US Prez Biden for up to $48 bn for solar projects

Mexico plans to ask US President Joe Biden for as much as USD 48 billion in financing for solar projects, Foreign Relations Secretary Marcel Ebrard said on Tuesday. Ebrard said the request will be presented to Biden at the upcoming January 9-10 meeting of US, Canadian and Mexican leaders in Mexico City. Mexico hopes to build solar energy parks in the northern border state of Sonora, along with power transmission lines. Mexico hopes to receive some of the funding from the North American Development Bank, or NADBank. The bank funds green development projects, but has never provided financing on anything near the scale Mexico is requesting. Mexico also may get some of the funding between now and 2030 by issuing debt bonds. The solar parks are to be run by Mexico's state-owned utility, which has been involved in a trade dispute between Mexico and the United States. The US and Canada accuse President Andrs Manuel Lpez Obrador of trying to favor Mexico's state-owned utility over power

Gujarat's Modhera village basks in the sun, awaits solar power benefits

Residents of India's first solar-powered village hope for reduced bills, iconic Sun Temple gets light show boost

Biden waives solar panel tariffs for 2 years, seeks to boost production

White House officials said Biden's actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components

Solarwatt flexes muscles in home energy storage fight with Shell, Tesla

Germany's Solarwatt, backed by BMW's billionaire shareholder Stefan Quandt, plans to launch a small module that lets homeowners link rooftop solar panels to power storage batteries

United States bans imports of solar panel material from Chinese company

The global solar energy supply chain has been squeezed by record high costs for polysilicon, labour and freight.

Radiance Renewables buys Azure's solar rooftop assets for Rs 536 cr

This is one of the largest acquisitions of rooftop solar assets in India, the company said

US Senators introduce bill to stop fund usage to buy Chinese solar panels

A group of Republican senators has introduced a legislation to prohibit federal funds from being used to buy solar panels from companies based in China, allegedly using forced labour in Xinjiang

Luminous aims Rs 6,000-cr turnover by FY25, to invest Rs 500 cr in 3 yrs

Luminous Power aims to achieve a target of Rs 6,000 crore turnover in the next five years, helped by its solar and the home electrical businesses, said a top company official