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Highlights

Using end-of-life photovoltaic panels as building material

Scientists in India have proposed to use solar modules at the end of their lifecycle as a building material for low-cost small housing units. With solar module recycling currently not viable economically, the researchers said their approach makes conventional solar panels into BIPV products without any modifications.

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40 MW solar plant to power Ayodhya

The Uttar Pradesh government will lease out 165 acres of land to NTPC Renewable Energy Ltd to develop the solar project. The power generated will be purchased by Uttar Pradesh Power Corp. Ltd at a fixed price.

WoodMac predicts 270 GW of new global PV capacity in 2023

Wood Mackenzie expects 270 GW of new global PV capacity in 2023, up 33% year on year. However, the annual growth rate is anticipated to fall to 1% in 2024 and to increase again by 5% in 2025.

Energy Vault completes 25 MW/100 MWh gravity-based storage tower in China

Energy Vault has started commissioning a 25 MW/100 MWh energy storage tower adjacent to a wind power facility near Shanghai.

Adani New Industries Q1 revenue up 209% YoY 

Adani New Industries Ltd recorded a revenue of INR 1,898 crore ($229 million) in the first quarter of FY 2023-24, 209% up year-on-year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 7.5 times to INR 355 crore as export volumes surged 19 times.

Sterling and Wilson wins renewable EPC orders worth INR 826 crore

Sterling and Wilson Renewable Energy has won around 1 GW of EPC projects in the first four months of FY 2023-24. The projects are located in the Indian states of Rajasthan, Uttar Pradesh and Gujarat.

ISA, Airports Council to collaborate on scaling solar across airports globally 

The International Solar Alliance (ISA) and Airports Council International (ACI) have agreed to strengthening cooperation to scale up solarization of airports across ISA member countries.

Financing implementation of solar energy solutions in the Pacific Island countries

The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.

SJVN tenders 1.5 GW wind-solar hybrid projects

SJVN Ltd has invited bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.

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HPCL to empanel PV panel manufacturers for its solar projects

Hindustan Petroleum Corp. Ltd (HPCL) is enlisting solar panel suppliers and manufacturers for its future PV projects across India.

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