U.S. distributed generation solar panel prices decline on oversupply
Prices have fallen 7% since August as domestic manufacturing ramps up and the global market contends with product oversupply, said a report from Anza.
Sterling and Wilson Renewable Energy secures solar project worth INR 1,200 crore
Sterling and Wilson Renewable Energy has secured the contract for engineering, supply (except PV modules) and construction of a 500 MW (AC) solar PV plant in Gujarat. The contract includes comprehensive operation and maintenance support for three years
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
Global solar module prices stable-to-firm as markets wind down for year end
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.
Solarium Green gets BSE nod for SME IPO
Solarium Green Energy, a solar EPC solutions provider, is set to open for public subscription. The proceeds from the public issue will be used to meet the company’s working capital requirements and to address general corporate purposes.
Madhya Pradesh to meet 50% of its power needs through solar energy by 2030: Chief minister Mohan Yadav
Madhya Pradesh chief minister Mohan Yadav also dedicated 880 MW Agar and Neemuch solar projects built at a cost of INR 3,520 crore in Agar-Malwa district.
Waaree starts solar module production at its USA facility
Waaree Solar Americas has started trial production of PV modules at its facility in Texas. The facility is set to fully commission its Phase-1 manufacturing capacity of 1.6 GW in the next few months.
How microgrids with energy storage empower remote communities
Battery energy storage systems significantly improve the reliability of microgrid power supply, offering a dependable source of electricity for critical services like healthcare facilities and schools.
India’s solar PV cell manufacturing capacity to reach 60 GW by FY 2027
India’s solar cell manufacturing capacity will reach 60 GW by FY 2027 from 8 GW as of March 31, 2024. The resultant capacity growth will make India a surplus market, given the annual module requirement of 40-50 GW, necessitating that the domestic players tap the export markets.
Antidumping investigation could more than double cost of U.S. EV battery, energy storage
Anti-dumping, countervailing duties on battery materials could have serious effects on the EV and energy storage markets, as the battery material and manufacturing markets in the U.S. are still in very early stages.
