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April 2024

Godrej & Boyce secures orders worth over INR 1,000 crore in FY 2024

Godrej Electricals & Electronics secured orders worth over INR 1,000 crore in FY 2024 for its power infrastructure business. Majority of these orders pertained to renewable energy evacuation.

AfDB identifies key priorities for minigrid deployment in Africa

An African Development Bank (AfDB) report covering critical takeaways from the ARE Energy Access Investment Forum 2023 says that challenges in financing, policy, technology, and skills enhancement must be overcome to support the deployment of distributed renewable energy minigrids across Africa.

Low solar module prices affecting secondhand market

Stefan Wippich, the CEO and co-founder of Germany’s SecondSol platform, recently spoke with pv magazine about the development of the used PV module market. Wippich noted national differences and argued that it will be important to set rules for the trading of secondhand products.

Renuka Sharma promoted to APAC director at BayWa r.e.

Renuka Sharma, who previously served as the managing director of BayWa r.e. Thailand, is now BayWa r.e.’s energy solutions business director for the Asia-Pacific (APAC) region.

Another bidding extension for 300 MW solar EPC in Andhra Pradesh

EPC contractors can now submit bids until May 8 to set up 300 MW of solar capacity in the Ramagiri district.

At least 29 countries installed more than 1 GW of PV in 2023

IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.

Indian startup develops sand-based gravity energy storage system

Baud Resources, a cleantech start-up, has developed a gravity energy storage mechanism that uses locally available materials like sand and industrial waste as its payload. The company is expected to announce its inaugural commercial plant by the end of this year, with completion expected in 2025. The plant will have a 100 MWh capacity and offer a levelized cost of storage of around INR 2.5/kWh.

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GameChange Solar, JZNEE to build 3 GW tracker factory in Saudi Arabia

GameChange Solar, a US-based tracker supplier, has announced the construction of a 3 GW tracker factory in Saudi Arabia, with plans for potential expansion to 5 GW in the future.

Enphase Energy, Octopus Energy announce UK partnership

Enphase Energy says that Octopus Energy’s retail customers will be able to integrate solar and battery systems into their energy plans in the UK market, with the introduction of Enphase IQ8 microinverters and the IQ battery 5P platform.

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Grew Energy secures 200 MW in SECI’s 400 MW solar PV module auction

Grew is amongst three MNRE approved manufacturers to win the mandate to manufacture, test, package, forward, supply and transport solar PV modules.

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