Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
Large batteries with grid-forming inverters can increase renewables hosting capacity
Researchers recommended that transmission system operators consider adopting grid-forming battery energy storage systems system-wide to improve grid stability and to maximize system hosting capacity for solar and wind generation.
BYD to supply 12.5 GWh of battery storage in Saudi Arabia
Following a report in January, BYD has now officially secured the 12.5 GWh battery energy storage system (BESS) supply deal.
Borosil Renewables posts INR 8.64 crore net loss in Q3
The solar glass manufacturer said all of its major export markets are showing lower demand due to low level of local manufacturing as cheap modules imported from China dominate the installations.
ABB Q4 profit up 54% year-on-year
ABB has reported a profit after tax of INR 532 crore for the Oct-Nov-Dec period of 2024, up 54% as compared to the same period in CY 2023.
Gujarat seeks consultant for 14.2 GW of pumped storage projects, tenders 110 MW floating solar EPC
Gujarat State Electricity Corp. Ltd (GSECL) is looking to assess the feasibility of 14,210 MW of pumped storage projects across 16 locations in Gujarat. It has also tendered EPC of 110 MW floating solar in the state.
Trump executive order places 25% tariff on aluminum and steel
Aluminum is used in solar panel frames and racking and steel is used in solar ground mounts and trackers.
Andhra Pradesh launches 500 MW/1,000 MWh battery storage tender
NHPC Ltd has launched a tender for selection of developers to set up standalone battery energy storage systems for an aggregate capacity of 1,000 MWh ((500 MW x 2 hours) under the viability gap funding (VGF) scheme in Andhra Pradesh. Bidding closes on March 17.
Back contact solar module manufacturing capacity may reach 1 TW by 2030, says tech expert
Radovan Kopecek, an expert on back-contacted (BC) solar cell and module technologies, spoke with pv magazine about BC manufacturing costs, efficiency and technical challenges. He believes that global BC solar module manufacturing capacity could reach 1 TW by 2030, potentially making BC products the industry’s mainstream technology. Kopecek added that 2028 will be a crucial year for its development, as most of the critical patents associated with this module tech will expire.
Premier Energies secures orders for solar modules worth INR 1,234 crore
Premier Energies Photovoltaic has received two domestic orders aggregating to INR 1,234 crore for supply of solar modules.
