Solar Financial News

Aditya L1 launch: After the boisterous success of Chandrayaan-3, Indian Space Research Organisation, is all set to launch its mission to the sun. The launch is scheduled to to take place at 11:50 am on on September 2. The first Indian space mission to study the sun will carry __ payloads.

Australian solar innovator SunDrive is determined to build Australia into a solar power manufacturing powerhouse with the help of heavyweight investors in its corner.

After the moon, ISRO has its eyes set on the sun. ...

climate change by reducing dependency on fossil fuel-based energy, lowering the carbon footprint, and manufacturing green steel. “This collaboration perfectly describes our commitment towards clean and green energy solutions, which not only aligns with our goals towards climate change and sustainable development but also significantly benefits the steel manufacturing unit by reducing CO2 emissions and costs, enhancing sustainability, and contributing to carbon neutral goals by producing green steel," said Dilipkumar Pachpande, managing director, Sanyo Special Steel Manufacturing India.

NASA. Also read: Aditya L1 Mission LIVE updates: India's first mission to Sun to lift off on 2 September Aditya-L1 is a fully indigenous effort with the involvement of national institutions, including the Indian Institute of Astrophysics and the Inter-University Centre for Astronomy and Astrophysics in Pune.

Check all the latest updates on Aditya-L1 Mission by ISRO at Mint's LIVE blog:ISRO has announced the launch of the PSLV-C57/Aditya-L1 Mission on Saturday at 11:50 am (IST) from the Satish Dhawan Space Centre (SDSC-SHAR) in Sriharikota, Andhra Pradesh.The Indian Space Research Organisation (ISRO) has set up the date- 2nd September (Saturday) for the launch of the Aditya-L1 mission. The first space-based Indian observatory to study the Sun will be launched from Sriharokota on Saturday.

Also Read: Aditya L1 spacecraft rolled out to second launch pad, scheduled to launch on September 2 The ISRO explained on its website that the spacecraft will be initially placed in a low earth orbit. “Subsequently, the orbit will be made more elliptical and later the spacecraft will be launched towards the Lagrange point L1 by using on-board propulsion," it said. While travelling towards L1, Aditya L1 will exit the earth’s gravitational Sphere of Influence.

ISRO will be sending its spacecraft to the Sun in early September under mission Aditya L1. Also read: Aditya L1 spacecraft rolled out to second launch pad, scheduled to launch on September 2 ISRO will be launching its solar mission Aditya-L1 on September 2. Also read: After Chandrayaan-3 success, Isro to launch solar mission on 2 Sept The ISRO is set to launch Aditya-L1 from Sriharikota in Andhra Pradesh on 2 September.

Tata Power Renewable Energy Limited (TPREL) on Tuesday said it has signed an agreement with automotive components maker ANAND Group to set up a captive 4.4 MW solar project. In a statement, the Tata Power arm said it will facilitate the generation of 10 million units of clean energy and eliminate 5,500 tonnes of carbon emissions annually as part of the agreement. TPREL has signed a power delivery agreement (PDA) for 4.4 MW AC with the ANAND Group, it said. «This group captive project highlights our commitment to support the automotive industry in becoming more sustainable and environmentally focussed,» Tata Power Renewable Energy Limited CEO Ashish Khanna said. Previously, Tata Power and the ANAND Group collaborated for a 10.1-MW Solar PV park power project, located in Maharashtra.

renewable energy capacity by 2030, India is also looking at becoming a manufacturing hub of solar modules and cater to both domestic and global demand. Although the government has come up with incentive schemes and domestic developers have grown up the reliance on China for upstream components continues. Here is a look at how India aims to become a solar PV manufacturing hub.

SJVN shares rose 5% and hit a 52-week high at Rs 63.8 in Tuesday's trade on BSE after the firm's wholly owned subsidiary received the letter of award from Assam Power Development Corporation Limited (APDCL). «SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the company, has received a Letter of Awards from Assam Power Development Corporation Limited (APDCL) for three solar power projects of cumulative capacity 320 MW,» the company said in an exchange filing. SGEL had participated in three separate tariff-based competitive bidding tenders of APDCL i.e. 50 MW, 70 MW and 200 MW. The 50 MW and 70 MW projects are under the solar park category and have been allotted at a tariff of Rs 3.92/Unit. While the 200 MW project is to be developed anywhere in Assam and has been allotted at a tariff of Rs 3.90/Unit, SJVN said. These three solar power projects shall be developed on Build Own and Operate (BOO) basis.

Tata Power Renewable Energy Limited (TPREL), renewable energy subsidiary of Tata Power, signed a group captive power delivery agreement (PDA) for 4.4 MW AC with the Anand Group, a global automotive systems and parts industry leader. Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL's mission to create a greener and cleaner future for its Commercial and Industrial (C&I) customers.

₹400 crore, or less than $45 million. The primary objectives of the Aditya-L1 mission would be to study the upper atmospheric conditions of the sun, including observing heating in the sun’s corona—the outermost layer of the solar atmosphere. Studies will also seek to observe solar flares, as well as get a deeper understanding of the physics behind partially ionized plasma—also known as the fourth state of matter.

NASA) has announced an annular solar eclipse in the United States that will be seen on October 14. It described the solar eclipse as a ‘ring of fire’ which will move from the US Oregon coast to the Gulf of Mexico. In a post on X, NASA wrote, "Save the date for a solar eclipse: On Oct.

renewable energy capacity in the past few years, a shortage of solar modules continues to cast a cloud over the sectors’ growth prospects, said stakeholders at the Mint Sustainability Summit 2023. Speaking at a panel discussion on ‘The Future of Clean Energy in India: A 500GW Vision’, Mohit Bhargava, CEO, NTPC Green Energy noted that domestic solar module manufacturing capacity is now close to 20-25 GW, but the supply chain is still dependent on Chinese imports for products like cells and wafers. He added that given the concerns on continuing imports, the Centre has rolled out the second phase of the production linked incentive scheme for solar modules, which would support the entire value chain from cells to modules.

Solar capacity addition in the country declined 58 per cent to 1.7 gigawatt in the April-June period, mainly due to land and transmission-related issues, Mercom India said on Monday. The country added 4 GW of solar capacity in the year-ago quarter, the research firm said in 'Q2 2023 India Solar Market Update'. «India added 1.7 GW solar capacity in Q2 of 2023.

As millions rejoice over the successful landing of Chandrayaan-3, ISRO has announced plans for several new ventures. Chairman S Somanath confirmed on Thursday that a solar mission was currently in the works. Prime Minister Narendra Modi had also alluded to future missions to the Sun and Venus during an address after the lander touched down on the moon.

₹138 crore from Bharat Coking Coal Limited (BCCL) to set up a 20MW AC ground-mounted solar photovoltaic power plant at Dugdha washery area, Dhanbad, Jharkhand. The EPC (engineering, procurement, and construction) phase of this project is slated for completion within 12 months.

Travelers taking off and landing at Dulles International Airport outside the nation’s capital will soon see an array of 200,000 solar panels that comprise the largest renewable energy project ever built at a U.S. airport

Stocks that traded heavily or had substantial price changes Tuesday: Lowe’s, Fabrinet rise; Macy’s, Canadian Solar fall

Hartek Solar, which has recently been named among the top 3 rooftop solar installers in India by Mercom in CY 2022, is betting on floating solar. While talking to ET.com's Anil Satapathy, Simarpreet Singh, Executive Director, Hartek Group, said that floating solar power could be a game changer in the future. Simarpreet also talked about the company's hydrogen plans, PLI scheme, and other aspects of India's renewable industry.