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Highlights

Fraunhofer IWU unveils online tool for sizing of rooftop PV systems

Germany’s Fraunhofer Institute for Machine Tools and Forming Technology (Fraunhoer IWU) has developed a new online tool to calculate the size of rooftop solar arrays, heat pumps and batteries.

Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce

Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.

First Solar signs 167 MW wind, solar PPA with Cleantech Solar

Cleantech Solar will develop 150 MW of solar PV and 16.8 MW of wind-generating assets in Tamil Nadu, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar manufacturing facility in the state. The solar component of the project will utilize First Solar’s India-made Series 7 modules.

Erisha E Mobility signs INR 6,900 crore MoU for green hydrogen, mega EV park in Gujarat

Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.

Evergreen Renewables to invest INR 4,000 crore in Gujarat

Advait Infratech will invest in the manufacturing and assembly of fuel cells and electrolyzers in Gujarat. Waaree will set up a green hydrogen/green ammonia production facility along with hybrid (solar, wind) renewable energy generation.

Torrent Power commits INR 47,350 crore renewables, green hydrogen investment in Gujarat

Torrent Power will invest INR 47,350 crore (around $5.7 billion) in green hydrogen and green ammonia production, solar and hybrid power generation, and power distribution in Gujarat.

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Sterlite Power secured new orders worth INR 2,000 crore in Q2 FY 2024

Sterlite Power recorded a significant INR 700 crore ($84 million) increase in order wins compared to Q1 FY 2024.

Bangladesh’s solar project approvals hit 2.1 GW in 2023

In December alone, the Bangladeshi authorities approved 630 MW of PV projects.

Italian startup unveils 350 W balcony TOPCon solar modules

Fly Solartech Solutions Srl’s new 60-cell modules have a power conversion efficiency of 17.87% and a temperature coefficient of -0.27% per degree Celsius. The company offers the panels with 300 W, CEI-021-certified microinverters featuring 96.5% peak efficiency.

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Uttar Pradesh to soon emerge as solar energy hub of India: UPNEDA

The Indian state of Uttar Pradesh has solar and other clean energy projects with a total investment outlay of INR 1 lakh crore ($12 billion) in the pipeline.

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