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Highlights

Fire at South Korea primary lithium battery factory kills 22

At least 22 people, most of them foreign nationals, were killed in a massive fire at a South Korean factory that manufactures non-rechargeable lithium batteries in Hwaseong city, just south of Seoul. The cause of the blaze is still being investigated.

Waaree Energies to supply bifacial modules for Acciona Energy’s 412.5 MWp solar project in Rajasthan

Waaree Energies has secured a contract to supply its p-type bifacial solar modules for Acciona Energy’s 412.5 MWp (335 MW AC) project in Rajasthan.

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Brookfield targets $10 billion of renewable assets under management in India in four years

Brookfield Asset Management targets to more than triple renewable energy assets under management in India to over $10 billion within the next three to four years.

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Larsen & Toubro wins 185MW/254MWh solar-plus-storage project in Bihar

Larsen & Toubro (L&T) has secured the contract to build a 185 MW grid-connected solar PV plant along with a 254 MWh battery energy storage system in the Lakshisarai district of Bihar.

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GP Eco Solutions makes a stellar debut, lists at 299% premium

Noida-based GP Eco Solutions India Ltd has made a stellar debut on NSE Emerge as its stock was listed at INR 375 against a price band of INR 94 per share. The company will use the funds raised through the IPO to fuel its growth in the solar sector.

Spontaneous glass breakage on solar panels on the rise

The National Renewable Energy Laboratory noted an increase in spontaneous glass breakage in solar panels. The PV Module Index from the Renewable Energy Test Center investigates this and other glass-related trends in solar manufacturing.

Oxford PV unveils 26.9% perovskite tandem module efficiency record

Oxford PV has announced a record-setting 26.9% efficiency for its perovskite tandem module at Intersolar Europe 2024, the continent’s largest solar and energy storage event.

Tesla launches Powerwall 3 in UK & Germany

Almost ten years after the “Powerwall 1,” US EV giant Tesla has launched its home battery system, Powerwall 3, in the United Kingdom and Germany. The Powerwall 3 is being officially presented at The smarter E Europe this week.

Polysilicon prices stable, market concerns persist over worst-case scenario

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.

China’s battery price war catalyses global energy storage innovation

The plummeting costs of energy storage, driven by China’s relentless price war, are expected to catalyse more economic deployments worldwide. Lithium iron phosphate (LFP) batteries are surging in market share due to their lower costs and higher cycle life compared to nickel-based lithium-ion batteries.

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