The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.
The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.
The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.
The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.
Three import deals signed by the EU at Sharm El Sheikh during this month’s COP27 summit show the European Union is serious about harnessing green hydrogen for its heavy industry, and about distributing the fruits of the energy transition on an equitable basis.
India added 1.9 GW of open-access solar capacity from January to September this year, a 96% rise over the same period in 2021.
The Chinese module maker will supply 1,292 MW of PV modules for Larsen & Toubro’s two solar EPC projects in Saudi Arabia.
A Saudi Arabian startup has developed a modular solar panel for agrivoltaic applications. It is specifically designed for locations with high solar radiation levels and protects plants and crops from excess sunlight.
The Indian manufacturer has introduced wall-mount hybrid solar inverters with nominal power ratings of 3.68 kW, 4.6 kW and 5 kW. The inverters are compatible with both lead-acid and Li-ion battery.
A research group has developed a new methodology that shows PV systems located in the same area could have similar distributions of power ramps. Their three-step method could be used for the dimensioning of rooftop arrays and the scheduling of daily operations.
UK-based Gravitricity will begin with pilot demonstration of its gravity energy storage systems in India as it eyes broader deployment in the long term.
Indian scientists have designed a thin-film solar cell that uses a mineral made of binary copper(II) and bismuth(III) oxide. They identified a cell design with a tin sulfide buffer layer that offers efficiencies close to 27.7%.
South Korea-based Qcells and a research group led by Helmholtz-Zentrum Berlin (HZB) have established a pilot manufacturing line for silicon-perovskite tandem cells in Thalheim, Germany. The project aims to speed up the technology’s mass manufacturing and market penetration.
The Lotus A4000 cleaning robot, built with automotive-grade components, is a reliable and hassle-free solution to daily clean and maintain solar plants operating in harsh and arid regions.
An irrigation community has built a 786 kW floating solar array on a small water reservoir in Murcia, Spain. The facility will provide power for a solar water pumping system, a desalination unit, and the community itself.
The carbon black solutions manufacturer has embarked on a collaborative project to develop lithium battery-grade graphite sustainably using renewable feedstocks.
Sunova Solar is offering five versions of its new solar panels, with power outputs from 555 W to 575 W and efficiencies ranging from 21.4% to 22.2%. They have a temperature coefficient of -0.31% per degree Celsius.
The US National Renewable Energy Laboratory (NREL) has released a new, interactive version of its research cell efficiency chart for a range of PV technologies.
Longi said it has achieved a 26.81% efficiency rating for an unspecified heterojunction solar cell, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).
NTPC Renewable Energy Ltd (NTPC REL) has invited bids from manufacturers to supply a cumulative 460.55 MW DC capacity of crystalline PV modules for its Shajapur solar projects in Madhya Pradesh. The modules must be rated a minimum of 530 Wp each. Bidders have until Dec. 19 to lodge their interest.
Jakson Green has secured the order to build 20 MWp solar with 4.8 MWh storage after completing the 50 MWp capacity of the project earlier.
The Indian multinational EPC provider has secured the civil and hydromechanical works for a 10 GWh pumped storage project from renewables developer Greenko. The project is coming up in Madhya Pradesh.
Transition VC will invest seed capital in 40 startups across sectors such as e-mobility, green hydrogen, energy storage, net-zero buildings and climate-tech over the next three years.
As Longi and other solar manufacturers kick off massive growth in hydrogen generation capacity, expect large price decreases resulting from steep learning curves, echoing the rapid advances experienced by the solar power industry since the 1970s.
The hydrogen economy, particularly green hydrogen, has a long growth path ahead.
In the absence of immediate viable financial solutions, MEMEs (micro, small and medium enterprises) need government intervention to get sustainable debt at a reasonable rate. A way forward could be a green finance platform for MSMEs.
With installers who cater to African businesses making the headlines this year, Jasper Graf von Hardenberg – whose C&I solar business was recently bought by Shell – explains here how the story of the continent’s commercial and industrial (C&I) solar segment was far from an overnight success.
Faced with undulating terrains, solar PV companies are leveraging modern technologies to achieve terrain flexibility across challenging sites to deliver unmatched efficiency improvement and bring production gains to solar projects.
Robotics is evolving to ease the maintenance of solar power plants. From drones combined with thermal imaging to the robotic cleaning crew for large-scale solar PV plants, automation and robotics are constantly evolving for the cleaning and maintenance of PV plants.
The growth of utility-scale solar PV in India is marred by several challenges such as availability of land, limited local manufacturing capacity, high transmission and distribution losses, grid integration, and other inefficiencies.
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