India renewable growth story to continue to shine
Renewable capacity addition is expected to remain at around 15-17 GW annually, owing to significant reduction in the module prices over the past 12 months and availability of liquidity.
Financing the MSME sector to power India’s renewable energy goals
India has already seen several success stories where innovative financing has empowered MSMEs in the renewable energy sector. For instance, the Indian Renewable Energy Development Agency (IREDA) has launched schemes specifically designed for MSMEs. These schemes offer concessional loans and financial assistance, making it easier for MSMEs to undertake renewable energy projects.
Standard Energy prepares 3 GW silicon wafer, 3 GW PV cell factory in Thailand
Standard Energy, a subsidiary of Singapore’s GSTAR Group, says the first batch of equipment has arrived at its new 3 GW silicon wafer and 3 GW solar cell smart factory in Thailand. Production is expected to commence in July.
Commercial perovskite solar modules at SNEC 2024 trade show
China’s Utmo Light showcased its first full perovskite PV module at this week’s SNEC PV trade fair in Shanghai, underscoring the technology’s ongoing shift toward commercialization.
JinkoSolar hits highest conversion efficiency with 182 mm TOPCon module
JinkoSolar says its 182 mm tunnel oxide passivated contact (TOPCon) solar module has achieved a conversion efficiency of 25.42%.
Solarpack secures 25-year PPA for 482 MW wind-solar hybrid project in Gujarat
The 482 MW hybrid project, consisting of 383 MW of solar and 99 MW of wind capacity, will come into operation in 2026.
$89 billion worth of investments likely to flow into the C&I RE sector in India by 2030
An additional 120 GW of C&I RE capacity is required to be set up by 2030 for India to attain its solar and wind target of 420 GW by 2030. This translates to US$89 billion worth of investments flowing into the sector between 2024 and 2030.
Polysilicon price plunge sparks industry turmoil: Can India gain?
Lower polysilicon and wafer prices are providing some relief to solar cell and module producers, although the entire supply chain is grappling with excess capacity and intense price competition.
USA: Solar module prices increase for first time in years, Anza reports
Using its own database of price quotes, the Anza Q2 Pricing Insights Report highlights the first price increase in years as a result of AD/CVD petition and the reinstatement of bifacial import duties.
Spanish startup offers pre-assembled vertical rooftop PV systems equipped with reflectors
FutureVoltaics says it has developed pre-assembled, reflector-based vertical rooftop PV systems. The systems feature 175 W heterojunction bifacial solar modules and special reflectors on both sides.
