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Highlights

Qcells to sign $3 billion supply agreement for US-made polysilicon

Hanwha Qcells will make sizable prepayments to help restart the REC Silicon plant in Moses Lake, Washington, by Nov. 1, with a goal of reaching full capacity by the end of 2024.

Cabinet approves viability gap funding scheme for battery storage development

Through the viability gap funding (VGF) scheme, the Indian government targets the development of 4 GWh of battery energy storage systems (BESS) by 2030-31. The selection of BESS developers for VGF grants will be carried out through a transparent, competitive bidding process.

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Jakson Green hits INR 5,000 crore renewable order book within a year

Jakson Green has won utility-scale renewable EPC projects in West African, the Gulf Cooperation Council (GCC), and Commonwealth of Independent States (CIS) countries, in addition to significant solar contracts in Madhya Pradesh and Gujarat.

WattPower launches 10 GW solar inverter factory in India

WattPower has inaugurated a string solar inverter factory with an annual production capacity of 10 GW in Chennai, Tamil Nadu.

REC raises $1.15 billion in syndicated term loans in August

The state-owned power finance company will utilize the proceeds to fund power, infrastructure, and logistics sector projects.

Government considering viability gap funding, ALMM mandate for battery storage projects

The Indian government is considering financial incentives such as viability gap funding and green finance to encourage the adoption of energy storage systems in the country. It may also issue an Approved List of Models and Manufacturers (ALMM) mandate for battery storage systems for power sector applications.

Sharp unveils all-black 420 W TOPCon solar panel with 21.51% efficiency

Sharp’s new IEC61215- and IEC61730-certified solar panels have an operating temperature coefficient of -0.30% per degree Celsius, with 21.51% efficiency.

The Hydrogen Stream: Gulf nations moving forward with tech cooperation

Acwa Power and Eni have signed a hydrogen development deal, while AFC Energy has signed an agreement with Tamgo to sell hydrogen generators.

Tata Motors partners Tata Power Renewable Energy to develop a 12 MWp solar project at its Pune factory

Tata Motors is expanding on-site solar power capacity at its Pune commercial vehicle manufacturing facility to 20.73 MWp with the addition of a 12 MWp project. Tata Power Renewable Energy will develop the project.

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Selenium solar cell built with laser-annealing achieves record fill factor of 63.7%

Built by Danish researchers, the device also achieved a power conversion efficiency of 5.0%. They designed the cell with a soda-lime glass substrate, a tin oxide (FTO) layer, an electron transport layer made of titanium oxide (TiO2), a selenium absorber, a molybdenum oxide (MoOx) layer, and a gold (Au) metal contact.

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