Global battery market crisis: Will SECI benefit as oversupply sparks industry chaos?
The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.
Q-Sun Solar, Bakarat Investment to build 10 GW solar panel factory in Oman
The China-based solar manufacturer and Oman’s renewable investment entity Bakarat Investment have agreed to jointly establish a 10 GW solar module factory in the country with an investment of around $200 million.
U.S. startup develops 28%-efficient perovskite-silicon tandem solar module
U.S.-based PeroNova is specialized in metal halide perovskite-silicon tandem solar cells made with its novel stability-enhancing interfacial treatment. It is targeting a range of applications including space and rooftop markets.
Adani Energy Solutions raises $1 billion via QIP route
Adani Energy Solutions Ltd will utilize the proceeds for building the bulk evacuation corridors for renewable power, smart metering business, debt repayment, and general corporate purposes.
Advancing renewable energy through technological innovation and digitalization
To accelerate the adoption of technological innovation and digitalization in the renewable energy sector, concerted efforts are needed from policymakers, industry leaders, and technologists alike. Governments can create supportive policy environments, invest in research and development by providing incentives, at the same time supporting early-stage companies by creating favorable regulatory environments to fostering public-private partnerships.
H-TEC to start 1 GW PEM electrolyzer production in September
H-TEC will be able to produce more than 1 GW of electrolyzers starting next year. “We installed the first production lines and will have our official opening in September this year,” Maximilian Kuhnert, sales manager at H-TEC, told pv magazine.
Websol Energy System posts profit in Q1
The Kolkata-based solar cell and module manufacturer has reported a total income of INR 111.83 crore and a net profit of INR 22.88 crore for the April-May-June quarter of FY 2024-25
New battery sizing approach for virtual synchronous generators, control-based grid-forming inverters
A group of researchers in Australia has outlined a new methodology to determine the minimum power rating of energy storage systems (ESSs) used for emergency under-frequency response. The ESS size must be calculated to maintain the frequency within the standard operating range.
Amara Raja Energy & Mobility Q1 profit rises 23% yoy
Amara Raja Energy & Mobility Ltd has reported a standalone total income of INR 3,156.74 crore and a net profit of INR 244.55 crore for the first quarter (April-May-June) of FY 2024-25.
Weiheng Ecactus releases three-phase all-in-one battery storage system
The Chinese manufacturer’s new battery energy storage system consists of an inverter ranging in size from 5 kW to 13 kW and a storage system of 10 kWh to 30 kWh. Up to five units can be connected in parallel.
