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Solar Contributes to Record 10% of EU Electricity This Summer

Solar energy accounted for 10% of the European Union’s (EU) electricity during the peak summer months of June and July this year, energy think...

MNRE Hikes Benchmark Costs for Rooftop Solar Projects in FY 2022

The Ministry of New and Renewable Energy (MNRE) has issued benchmark costs for grid-connected rooftop solar photovoltaic (PV) systems for the financial year (FY)...

Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has issued an order setting the generic tariff for solar power projects (including rooftop solar projects) for FY...

Solar could supply more than 40% of US power by 2035, Biden administration says

The US’ transition to a carbon pollution-free power sector could see solar provide more than 40% of the country’s electricity by 2035, up from...

Solar and wind should quadruple this decade in response to ‘code red’ IPCC climate warning

A landmark new climate report from the United Nations “must sound a death knell” for coal and fossil fuels, according to secretary-general António Guterres,...

Solar EPC Costs May Rise in the Next Few Quarters Due to Rising Component Prices

Mercom hosted a webinar on August 13, 2021, to understand the critical role solar engineering, procurement, and construction (EPC) companies play in the Indian...

Maxeon Q2 dogged by supply chain volatility and factory closures

Maxeon Solar Technologies has said it may face manufacturing disruptions if it is unable to mitigate the impacts of raw material and component cost...

Solar Energy Would Double the Demand for Base Metals by 2040: Report

Solar energy will significantly impact demand for aluminum, copper, and zinc as the usage of all three materials is set to double by 2040,...

Canadian Solar reports record quarterly revenue but downgrades 2021 shipment guidance

Canadian Solar reported record quarterly revenue in Q2 2021, buoyed by a return to profit from its manufacturing division, but reduced its total shipment...

Solar Value Down by 37% in California Due to Value Deflection: Report

The value of solar has fallen by about 37% compared to other power generation sources in California, said The Breakthrough Institute in its latest...

Decoding the Economics Behind Open Access Solar Market in India

Open access solar installations in India totaled 419 MW in the first quarter (Q1) of calendar year (CY) 2021. The cumulative solar installation in...

Four Union Territories and Goa Fail to Comply with Renewable Purchase Obligations

The Joint Electricity Regulatory Commission (JERC) has reviewed renewable purchase obligation (RPO) targets for 2020-21 based on the submitted data from the regions of...

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Australia solar Installation hits 40 GW

An IEA survey of solar power applications in Australia shows that the country installed 5.2 GW of solar capacity in 2024 and reached a...

Versiris Energy completes logistically tricky rooftop solar project

Versiris Energy completed a 575.36-kWDC rooftop solar project for a national commercial retail facility in Chanhassen, Minnesota. Versisis, a commercial solar developer and subsidiary...

Recurrent Energy Sells 275 MW Solar-Plus-Storage Project in New South Wales to European Investor

Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer of solar and energy storage assets, has finalized the sale of its...

Azerbaijan seeks Chinese help in achieving “green” power dream

Azerbaijan is hoping China can play a big role in helping Baku fulfill its ambitions of building a “green energy corridor” to Europe. Azerbaijani officials...