No Stamp Duty for Land Purchased or Leased for Solar Projects in Uttar Pradesh
Solar developers will be exempted from paying any stamp duty for land acquired or leased for solar projects and solar parks in Uttar Pradesh.
US Lawmakers Vote to Restore Tariff on Solar Imports from Southeast Asia
A committee of the United States House of Representatives has voted to reinstate tariffs on solar panel imports from four Southeast Asian countries, overturning the Biden administration’s decision to allow more unfair solar imports from China into the U.S.
SECI Records Highest Renewable Power Trading Revenue of Over ₹100 Billion
Solar Energy Corporation of India (SECI), a central government-owned company, has reported its highest-ever renewable power trading revenue of more than ₹100 billion (~$1.22 billion) in the financial year (FY) 2022-23.
Researchers Develop Technique to Improve Durability of Perovskite Solar Cells
A team of international researchers has developed a new technique that could significantly enhance the durability of perovskite solar cells, a promising emerging technology in photovoltaics. The technique, described in a recent study published in Science, could be an essential step towards commercializing perovskite solar cells and reducing their cost.
Global Solar Report Reveals Rising Revenue Losses from Solar Equipment Underperformance
According to the Raptor Maps’ Global Solar Report, the amount of power loss due to equipment anomalies has nearly doubled from 1.61% in 2019 to 3.13% in 2022. This trend is expected to continue, with anomaly-driven power loss potentially growing to almost 6% by 2025.
India and Japan Strengthen Renewable Energy Cooperation
India and Japan have initiated a partnership under the Asia Energy Transition Initiative (AETI) to support India’s clean energy transition. India has set an ambitious target of achieving net-zero by 2070, while Japan aims to achieve the same by 2050.
Solar Power Set to Overtake Coal as World’s Largest Energy Source in Four Years
Solar power has come a long way in the past decade, moving from being an also-ran to one of the major players in the global energy race. According to the International Energy Agency, next year, solar photovoltaic capacity will surpass hydropower, followed by gas-fired generation in three years and coal in four years.
EIB commits €1 billion to support green hydrogen in India
The European Investment Bank (EIB), the bank of the European Union, has joined forces with the India Hydrogen Alliance (IH2A) to increase support for the development of green hydrogen projects across India.
India and IMT-GT JBC Sign MoU to Boost Energy Efficiency in Southeast Asia
The first meeting of the G20 Energy Transitions Working Group was held in Bengaluru, India, and was a success, with participants sharing a consensus on the priority areas of energy security and diversified supply chains.
Delhi Government Pledges to Boost Renewable Energy Generation
Delhi, the capital city of India, is moving towards a greener future with an ambitious plan to generate an additional 6,000 MW of electricity using renewable energy sources.