Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
The International Energy Agency’s (IEA) latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolyzers, and heat pumps will rise from $700 billion in 2023 to more than $2 trillion by 2035.
ANIL’s solar module sales in H1 FY 2025 surpass 2 GW
Adani New Industries Ltd’s solar module sales in the first six months of FY 2025 hit 2,380 MW (1,082 MW domestic and 1,298 MW export).
KAUST, Helmholtz-Zentrum Berlin present 31.2%-efficient blade-coated perovskite-silicon tandem solar cell
The perovskite-silicon tandem device has a two terminal configuration and a 2D perovskite layers at the bottom interface. It was able to retain around 80% of its initial efficiency for 1,700 h.
The Hydrogen Stream: Greenzo Energy unveils 1 MW alkaline electrolyzer stack
Greenzo Energy has unveiled an indigenously designed electrolyzer stack, which, it says, functions reliably across diverse Indian climates. The stack is now commercially available.
JinkoSolar announces new TOPCon solar modules with efficiency of 24.8%
The Chinese manufacturer said the new Tiger Neo 3.0 modules are available in two versions with outputs of 495 W and 670 W.
Power ministry proposes amendments to tariff-based competitive bidding for solar, wind and hybrid renewable energy projects
The draft amendments released by the power ministry include a reduced PPA period of 15 years, cyber compliance by developers, and insurance surety bonds as a new instrument for establishment of earnest money deposit/performance bank guarantee.
EKI Energy Services registers 24.7 MW floating solar project in the voluntary carbon market
The 24.7 MW floating solar project, developed by Greenam Energy for captive usage, is also said to be the first of its kind to be registered under the verified carbon standard (VCS) globally.
LG Energy Solutions plans U.S. battery manufacturing
The South Korean battery maker expects strong demand momentum in the energy storage space (ESS) and plans to release a new high capacity lithium iron phosphate product with an energy density improved by 20%, alongside other products. To advance its local supply capabilities, the company plans to start ESS battery production in the US next year, and is considering converting European electric vehicle (EV) production lines to ESS.
India needs to diversify its supply chain for critical minerals: IEEFA
India should invest in resource-rich, friendly nations for sourcing of critical minerals such lithium, cobalt and nickel. The nation should minimise its reliance on imports, especially from countries with a potential trade risk in the future.
The Hydrogen Stream: BASF, AM Green tie up for low-carbon chemicals, green ammonia offtake
Germany chemical producer BASF and India’s AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India. BASF also agreed on the offtake of 100,000 tons of green ammonia per year from AM Green’s plants in India.
