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Highlights

First Solar warns global solar manufacturers of patent infringement

The U.S. solar panel manufacturer has sent letters to Longi, Trina Solar, Jinko Solar, JA Solar and Canadian Solar saying it believes the companies are infringing on its patents.

ACME Solar IPO to open on Wednesday

Acme Solar Holdings has fixed the price band for its public issue at INR 275 to INR 289 per equity share.

The Hydrogen Stream: NTPC to produce green hydrogen from municipal solid waste, agri-waste using plasma-based oxy gasification technology

The demonstration plant will produce about 1 tonne of green hydrogen per day by gasifying about 25 tonnes of municipal solid waste or agri-waste per day.

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India requires $6.5 billion to achieve apparel sector’s 2030 emission reduction target through renewables and energy efficiency

A new report by Apparel Impact Institute and Development Finance International Inc. says India needs $6.5 billion in financing to reduce its textile and apparel industry’s emissions by 45% by 2030 through renewable energy and energy efficiency interventions. While around $2.5 billion is available, there is still a $4 billion financing gap in India.

NTPC, ONGC to form renewable and new energy joint venture company

This joint venture company will venture into various renewable energy and new energy opportunities including solar, wind, energy storage, green molecule, e-mobility, carbon credits, green credits, etc.

Wafer prices drop, inventory levels rebound despite operating rate cuts

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.

Softbank, Longi develop 665 g/m2 heterojunction solar modules with 22.2% efficiency

Researchers from the two companies have built a lightweight and flexible silicon heterojunction (HJT) PV panel that measures 563 mm x 584 mm and weighs just 218.5 g.

SECI launches 1.2 GW renewables, storage tender

Solar Energy Corp. of India (SECI) has launched a tender to select developers for 1.2 GW of round-the-clock power from renewable energy projects backed with energy storage systems. Bidding closes on Dec. 16.

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Tata Power records its highest ever quarterly profit of INR 1,533 crore

Tata Power has reported a net profit (profit after tax) of INR 1,533 crore in July-Aug.-Sep quarter of FY 2024-25, up 51% year-on-year. 

Larger, thinner… and weaker?

With hailstorms in Australia and the United States severely damaging solar arrays – including “golf-ball sized” hail at the 350 MW Fighting Jays project in Texas in March 2024 – insurers are raising premiums and reducing or canceling hail coverage. Everoze Partner Simon Mason discusses the challenges the industry faces in minimising its hail risk exposure.

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