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Highlights

Open-access solar installations up 68% in Q1 2023

India added 518 MW of new open-access solar capacity in the Jan.-March period of 2023, compared to 308 MW installed in the previous three months.

IH2A submits plan for $5 billion national green hydrogen hubs by 2030

Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.

German PV equipment securing orders from US, European markets

German engineering federation VDMA has published a new report outlining strong demand for solar production equipment from non-Asian markets, indicating a shift in the global solar industry landscape.

Photovoltaic-thermal solar panel based on water storage tank

A research group from Ireland developed a PVT system consisting of a 170 W photovoltaic panel connected to a water tank placed at the backside of the PV module itself. The PVT module is able to considerably reduce the temperature of the PV unit while producing hot water for residential use.

Waaree Energies rated top performer in PVEL’s 2023 PV Module Reliability Scorecard

India’s Waaree Energies has been recognized as Top Performer after its solar modules met international quality and performance benchmarks set by PVEL.

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Princeton Digital, Tata Power sign solar deal for 48 MW Mumbai data center

Tata Power Renewable Energy will develop a solar project for captive consumption by Princeton Digital’s data center in Mumbai, Maharashtra. The project will be located in the Nanded district.

Serentica places EPC, product orders for 1.5 GW of renewable energy projects

Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.

Global battery market forecast to grow 186% by 2025

CEA’s Energy Storage System (ESS) Supplier Market Intelligence Program (SMIP) offers a biannual market report about the leading global lithium-ion battery cell manufacturers and energy storage system integrators.

ReNew trims net loss to $61 million in FY 2023

ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.

PV-powered offgrid air conditioner for building applications

A British research team has investigated the technical feasibility of an air conditioning unit powered exclusively by solar-plus-storage and has found that two 130 Ah batteries charged by two 400 W solar panels are capable of supporting the system during the night.

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