SolarEdge Introduces Nexis: A Clickable Home Battery and Inverter System
SolarEdge has launched Nexis, a new modular solar and energy storage system designed for homes. The all-in-one solution combines a high-efficiency inverter with a stackable battery that uses a “simple-click” design, allowing homeowners to add more storage without any...
GST Cut on Solar Pumps Brings Relief to Farmers, Says Etrica Power CEO Aditya Singh Poonia
The recent reduction of Goods and Services Tax (GST) on renewable energy equipment from 12% to 5% has been welcomed as a big relief for the solar sector, especially for farmers adopting solar pumps under the government’s PM-KUSUM scheme. Etrica Power, which is...
China Researchers Set New Record in TOPCon Solar Cell Efficiency
A team of researchers from Yangzhou University, China, has found new ways to make TOPCon solar cells more efficient by improving their rear-surface treatments. Their study tested four techniques, acid etching, acid etching with micro-texturing, alkali polishing, and...
Saatvik Green Energy IPO: Here’s What You Need to Know
Solar panel maker Saatvik Green Energy is set to launch its ₹900-crore initial public offering (IPO) on September 19. The IPO will close on September 23, while anchor investors can bid a day earlier, on September 18. The company has fixed the price band at ₹442–465...
KKR-Backed Serentica Buys Statkraft’s India Solar Business
Serentica Renewables, backed by global investor KKR, has signed a binding deal to acquire the Indian solar business of Norway-based Statkraft. While the company did not disclose the deal value, sources say it is around ₹2,000 crore. With this acquisition, Serentica’s...
100 Crore-Worth Green Hydrogen Startup, The Next Big Thing in India
The Central government has announced a ₹100-crore scheme to support startups which is working on green hydrogen. Under this plan, each project can receive up to ₹5 crore for pilot work in hydrogen production, storage, transport, and usage. Union Minister Pralhad Joshi...
MIT Scientists Create Solar Device That Turns Air into Drinking Water
Scientists at MIT have created a solar-powered device that can make clean drinking water from the air without using electricity. The device, reported in the journal Nature Water, could help millions of people who don’t have enough water. This research uses a special...
Yeida Approves ₹11,000 Crore Solar Projects Near Jewar Airport, Thousands of Jobs to Be Created
The Yamuna Expressway Industrial Development Authority (yeida) has approved two big solar projects in Sector-8, near the upcoming Noida International Airport. These projects will bring investments of more than ₹11,000 crore and create thousands of jobs, turning the...
Etrica Power Supports Rooftop Solar Subsidy Expansion in India
The Indian government has announced a big expansion of its rooftop solar subsidy scheme, with a target of covering more than 5 million homes by 2026. The goal is to speed up the use of renewable energy, cut down dependence on coal-based electricity, and help...
This Solar Firm Made Its Highest-Ever Profit, Up 484% in 1 Year
Vikram Solar’s shares jumped 13.3% on September 10, touching ₹407.95 each, after the company reported its first quarterly results since listing on the stock market in August. The solar solutions provider posted a 79.9% rise in revenue to ₹1,133.6 crore for the June...
