Smart Roof Solar

Solar Industry Faces Growing Losses from Underperforming Equipment

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 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.