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Himadri invests US$6.7 million in Australia’s Sicona Battery Technologies

India’s Himadri Speciality Chemical has acquired a 12.79% stake in Sicona Battery Technologies, an Australian startup that specializes in high-capacity silicon anode technology for lithium-ion batteries.
Installations

India to add 20 GW of renewable energy capacity in FY2024, says ICRA

ICRA expects India to add 16 GW of solar power generation capacity, 2 GW of wind and another 2 GW from hybrid projects in FY2023-24.
Installations

Rajasthan launches 810 MW solar tender

Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) is accepting bids to develop 810 MW of state transmission utility (STU)-connected PV projects in the Bikaner district. Bidding closes on June 7.
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The role of monitoring in managing power and maximizing returns: Indian C&I segment in focus

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AI or not AI for fault prediction and climate risk assessment in solar plants: misconceptions and facts

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Approaching bankability for grid-scale energy storage

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Geração distribuída em ano de adaptação

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Grid-forming inverters: What advanced grid functionalities should inverters offer?

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Weather and environmental parameters and PV performance

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Installations

WindStream crosses 100 SolarMills milestone in defence  

Telangana-based WindStream Energy Technologies has installed more than a hundred hybrid renewable energy systems, SolarMills, in the remote mountainous regions crucial for defense operations.  
Markets & Policy

Three million photovoltaic systems in Germany

The German Solar Industry Association sees uninterrupted demand for private photovoltaic roof systems in particular. The mark of four million photovoltaic systems could be reached as early as next year.
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Manufacturing

Pushing perovskite PV limits

The perovskite solar race is heating up, with a cue of manufacturers forming to test products at the US Department of Energy’s (DoE) PV commercialization facilities, and academics on both sides of The Pond announcing new advances in recent months.
Markets & Policy

NLC, WAPCOS sign MoU on pumped storage 

State-owned thermal energy giant NLC has signed an agreement with WAPCOS Ltd, a public-sector engineering consultancy services provider, to carry out collaborative technical services and advisories for developing pumped storage projects in India.
Manufacturing

Solar module prices hit 2-year low

The US National Renewable Energy Laboratory (NREL) has published a new report focusing on core benchmarks for PV prices, deployment, and imports.

Markets & Policy

Adani Transmission reports 85% increase in PAT during Q4FY2023

The company’s consolidated profit after tax (net profit) of INR 440 crore ($53.3 million) in the Jan-March period of 2023 was 85% higher year-on-year.

L&T forms Green Energy Council

The council will identify technology trends in green energy, analyze the evolving global policy developments, evaluate emerging business models, and advise on collaborations.

Borosil Renewables profit drops 47% as margins contract

The Indian solar glass manufacturer recorded a net profit (profit after tax) of INR 88.54 crore in FY 2023, a decrease of 47% over FY 2022.

Anti-soiling PV coating delivers 3% boost in energy production

A study conducted in the semi-arid weather conditions of Ben Guerir, Morocco, evaluated the performance of antistatic and hydrophobic coatings for photovoltaic solar panels. After nine months of operation, the PV panels with coatings developed by Portuguese company ChemiTek produced an average of 3% more energy than the uncoated ones.

Agrivoltaics in India: Challenges and opportunities for scale-up

A new study assesses agrivoltaics development in India and identifies the challenges and opportunities for commercializing these projects. 

Telecom operators applaud move to allow load aggregation for green energy access 

The latest amendment to the Electricity Rules, 2023 (Promoting Renewable Energy Through Green Energy Open Access) allows the telecom sector to aggregate the electricity consumption of telecom sites in order to avail renewable energy under the open access route. 

Installations

Featured

Gensol Engineering profit surges by 125%

Gensol Engineering’s net profit (profit after tax) surged 125% year-on-year to INR 249 million ($3 million) during the year ended March 31, 2023.

Annual floating solar additions to top 6 GW by 2031, says WoodMac

The global floating solar (FPV) market is expected to keep up its steady growth, as the Asia-Pacific region continues to lead demand.

Building nature-friendly solar parks

Hungarian company SolServices has published a white paper outlining ways to make solar farms more compatible with nature and wildlife, from insects and amphibians to birds, bats, rodents and big game.

Agrivoltaics can mitigate effects of drought

A new study by the University of Hohenheim shows that shading from PV systems can improve agricultural yields, especially in dry periods, but additional research is needed.

India added 1.9 GW of solar capacity in Q1 2023, says Mercom

The solar capacity addition in the Jan.-March period was 30% less than 2.7 GW installed in the previous quarter. 

Energy majors dominate list of world’s leading big PV developers

Wiki-Solar’s latest league table of utility-scale solar project developers shows that only six renewable specialists occupy the top 20 spots.

Technology

Featured

German manufacturer unveils 10 kWh residential redox flow battery

Prolux Solutions has developed a redox flow battery with a charging and discharging capacity of 4 kW and 5 kW of peak power. It is designed to be coupled with PV systems in homes with high consumption profiles.

Biofuels vs. solar electricity for urban mobility

Solar electricity will have to compete with biofuels in the urban mobility landscape. Biofuels, however, have a very low energy productivity per hectare, as well as high requirements for fertilizers, pesticides, and water.

PVEL releases ninth edition of ‘PV Module Reliability Scorecard’

The PV Evolution Labs (PVEL) 2023 Scorecard identifies 250 solar modules from 35 manufacturers as “top performers.”

New solar panels produce water from humidity

US-based manufacturer Source Global has introduced a solar module technology that can produce drinking water from as little as 10% humidity in the air. The company says that its optimized technology can produce water in a range of conditions.

Battery-tech startup EMO Energy raises $1.2 million

The Bengaluru-based startup has developed a cell-agnostic platform that purportedly allows 100% fire safety, 20-minute fast charging, and 120% improvement in battery life. 

NASA makes unusual discovery while testing perovskite solar cells in space

NASA has discovered that perovskite solar cells tested in space exhibit less degradation than reference devices tested on Earth. The agency acknowledged that it is uncertain about the specific factors in the space environment that contributed to the superior performance of the perovskite absorber film.

Manufacturing

Wall-mounted solar inverter with inbuilt lithium battery

India’s Livsol has introduced wall-mounted lithium battery inverters in 300 VA, 1 kVA, 2 kVA, 3 kVA, and 5 kVA models with operating voltages of 12.8 V, 12.8 V, 25.6 V, 51.2 V, and 48 V, respectively.

Cell prices slip, weighed down by sustained falling upstream prices

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Gautam Solar to add 500 MW of TOPCon panel production capacity

The Indian manufacturer is expanding its solar module production capacity to 1 GW by adding a 500 MW TOPCon line from Jinchen. The new line will start production by September.

Adani Solar modules rated top performer for sixth consecutive year

Adani Solar has been rated as a Top Performer in PV Evolution Labs’ PV Module Reliability Scorecard 2023, becoming the only Indian PV manufacturer to secure this title for six consecutive years.

Insolation Energy reports growth in revenue and profits in FY 2023

The Rajasthan-based solar panel manufacturer’s consolidated revenue grew 30% year-on-year to INR 280.05 crore (around $33.8 million) in FY 2022-23. Net profit surged 54% to INR 10.68 crore.

Premier Energies solar panels rated ‘Top Performer’ by PVEL

Premier Energies’ 88 modules spanning 400 W, 450 W, 500 W, and 540 W series qualified as Top Performer after PVEL’s rigorous Product Qualification Program.

Energy Storage

Featured

Madrid to generate green hydrogen using recycled water, PV, biogas

Madrid will open Spain’s first plant to produce green hydrogen from recycled water in 2024. The facility, situated at a water treatment plant, will use electrolysis to simultaneously extract oxygen and purify water.

Delhi’s Hauz Khas to host solar-powered EV carport soon

Servotech Power Systems Ltd will execute the solar-powered EV carport project from the design stage to fabrication and implementation.

NTPC confirms over 20 GW of renewables portfolio

NTPC, India’s largest power producer, has 3.3 GW of renewable energy capacity already commissioned, 4.6 GW under construction, and a balance of 12.6 GW under planning and implementation.

NEOM signs green hydrogen deal in Saudi Arabia

NEOM Green Hydrogen Company has secured an exclusive 30-year off-take agreement with Air Products for what they claim will be the world’s largest green hydrogen plant, while Germany’s EEX has launched the world’s first market-based hydrogen index.

Solarizing the telecom tower sites in India

Delta Electronics India is a leading power and energy management solutions provider for the telecommunications industry. Rajesh Kaushal, vice president at Delta Electronics India, speaks to pv magazine about solarization of telecom tower sites in India, Delta’s role in driving this transition with its energy management solutions, challenges, and the way forward. 

Navigating complex energy markets for VPP participants

The growing need for virtual power plants, which dispatch energy when and where it is needed, is giving rise to opportunities for software companies, such as Leap, to handle the complexities of navigating energy markets.

Opinion & Analysis

Featured

Public-private partnerships: The path to sustainable transportation in India

By bringing together the private sector's expertise and the public sector's policy support, public-private partnerships can support the development of new technologies and solutions to improve the performance, efficiency, and affordability of electric vehicles (EVs).

Falling wafer prices continue to make headway for downstream prices

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Avoiding PV buyer’s remorse

New entrants to solar equipment procurement may be surprised to encounter constantly amended contract terms, index-linked price rises, and near-worthless defect warranties, but they reflect recent supply chain troubles. Clean Energy Associates’ Martin Deak offers a buyers guide.

Polysilicon prices preserve downward trend, weighed down by supply factors

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

The PV scientific community’s rush to the latest efficiency record

Perovskite-silicon tandem technology expert Gianluca Coletti explains what cycles the PV industry and scientific community experience every time there are new jumps in power conversion efficiencies at cell level. According to him, we are experiencing a much faster turnover of efficiency records typical of the early stage of development of a new technology holding an incredible potential.

Solar module prices remain at 13-week low, spread against M10 cell narrows from January high

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Press Releases

Sterlite Power commences aerial operations for its flagship Mumbai Urja Marg Power Transmission Project

The aerial operations will involve the movement of around 3000 metric tonnes of material over a period of 2 months. The lightweight helicopter AS 350 B3 with a load-carrying capacity of up to 1000 kgs per sortie will be pressed into service to transport heavy equipment and material across several locations in and around the Mumbai region.

NHPC’s Profit After Tax (PAT) up 8%

The Power ‘Mini Ratna’ reports PAT of Rs 3,834 crore during FY 2022-23.

Suzlon announces strong Q4 and FY23 results

The company recorded a revenue of INR 5,947 crores in FY23 and INR 1,690 crores in Q4 FY23. PAT before exceptional items was INR 167 crores in FY23 and INR 68 crores in Q4 FY23.

Servotech showcases its EV DC chargers range at EVIS Abu Dhabi

EV charger manufacturer Servotech Power Systems Limited showcased its extensive range of EV DC fast chargers during the Electric Vehicle Innovation Summit in Abu Dhabi.

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