European warehouses store 40 GW of unsold solar panels
Rystad Energy says that about €7 billion ($7.8 billion) of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
US manufacturer introduces roof mount with integrated sealant
Pegasus Solar has developed the InstaFlash pre-installed sealant for composite shingle roofs.
India’s solar PV module exports surge 364% YoY
India exported solar PV cells and modules worth INR 8,440 crore in FY 2022-23. USA was the top destination with a 97% share.
Tata Group to invest over $5 billion in 40 GWh UK battery fab
Tata Group will build a 40 GWh battery factory in the UK to produce batteries for Jaguar Land Rover (JLR) and other EV manufacturers in the UK and Europe.
NHPC tenders 200 MW solar EPC in Gujarat
NHPC is accepting bids to set up a 200 MW solar power project in the 600 MW solar park of Gujarat State Electricity Corp. Ltd (GSECL) at Khavda. Bidding closes on August 29.
Guatemala’s energy auction attracts 48 bidders
Guatemala’s latest energy auction has attracted 48 bidders for 235 MW of capacity. The auction has been oversubscribed, with more than 1 GW of project proposals submitted. The national regulator will announce the final results on Aug. 2.
Philippines allocates 1.97 GW of PV capacity in renewables auction
Through the procurement exercise, the GEA-BEAC allocated 1,870.8 MW of ground-mounted PV capacity and 90 MW of floating solar power. The selected developers will secure 20-year power purchase agreements.
NREL develops perovskite solar cells with 93% bifaciality
The National Renewable Energy Laboratory (NREL) has made highly bifacial perovskite cells with a front-side efficiency of 23%.
IIT Kanpur, UK’s H.E.L to collaborate on battery testing
UK-based H.E.L Group will provide IIT Kanpur with the latest battery testing technology under a collaboration agreement signed with IIT Kanpur.
First half 2023 total solar corporate funding increased 54% year-over-year
According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.
