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Highlights

SJVN inaugurates multi-purpose green hydrogen project

The green hydrogen will be used as combustion fuel in HVOF coating of turbine underwater parts in addition to generating electricity through its 25 kW capacity.

REC secures JPY 60.5 billion green loan backed by Italian export credit agency SACE

REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.

Godrej & Boyce secures orders worth over INR 1,000 crore in FY 2024

Godrej Electricals & Electronics secured orders worth over INR 1,000 crore in FY 2024 for its power infrastructure business. Majority of these orders pertained to renewable energy evacuation.

AfDB identifies key priorities for minigrid deployment in Africa

An African Development Bank (AfDB) report covering critical takeaways from the ARE Energy Access Investment Forum 2023 says that challenges in financing, policy, technology, and skills enhancement must be overcome to support the deployment of distributed renewable energy minigrids across Africa.

Low solar module prices affecting secondhand market

Stefan Wippich, the CEO and co-founder of Germany’s SecondSol platform, recently spoke with pv magazine about the development of the used PV module market. Wippich noted national differences and argued that it will be important to set rules for the trading of secondhand products.

At least 29 countries installed more than 1 GW of PV in 2023

IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.

Indian startup develops sand-based gravity energy storage system

Baud Resources, a cleantech start-up, has developed a gravity energy storage mechanism that uses locally available materials like sand and industrial waste as its payload. The company is expected to announce its inaugural commercial plant by the end of this year, with completion expected in 2025. The plant will have a 100 MWh capacity and offer a levelized cost of storage of around INR 2.5/kWh.

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GameChange Solar, JZNEE to build 3 GW tracker factory in Saudi Arabia

GameChange Solar, a US-based tracker supplier, has announced the construction of a 3 GW tracker factory in Saudi Arabia, with plans for potential expansion to 5 GW in the future.

Grew Energy secures 200 MW in SECI’s 400 MW solar PV module auction

Grew is amongst three MNRE approved manufacturers to win the mandate to manufacture, test, package, forward, supply and transport solar PV modules.

ISA to accelerate solar initiatives in Uganda

The International Solar Alliance (ISA) and the government of Uganda recently discussed accelerating the solar mini-grid project to address Uganda’s energy access challenge and advancing the solar water pumping project under the India, Brazil, and South Africa (IBSA) Fund. New areas of cooperation, such as establishing a Solar Technology and Application Resource Centre (STAR-C), were also explored.

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