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.
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.
India installed 7.1 GW of renewable energy capacity in March
India set new record for monthly renewable energy installation by adding 7.1 GW of renewable energy capacity in March 2024. This monthly RE addition comprised more than 6.2 GW from solar.
Sinovoltaics maps out Southeast Asian PV manufacturing sites
The latest supply chain report from the Hong Kong-based technical compliance and quality assurance company covers the Southeast Asia region, providing information about 50 manufacturing sites.
Trina Solar claims 740 W output for TOPCon PV module
The Chinese manufacturer said Germany’s TÜV SUD has confirmed the results.
India’s 10 GWh tender draws seven bids to set up giga-scale battery cell manufacturing facilities under PLI scheme
Bids were received for seven times the manufacturing capacity of 10 GWh to be awarded.
