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Highlights

Sineng Electric hits 10 GW of solar PV inverter shipments to India

The Chinese PV inverter manufacturer has surpassed 10 GW of solar inverter shipments in India.

SMA to build 3.5 GW inverter factory in US

SMA Solar Technology AG says it will open a new 3.5 GW inverter factory at an unspecified location in the United States in 2025. The German manufacturer is currently talking with several US states and potential partners to select the best production site.

China’s Akcome to expand HJT solar cell capacity by 4.6 GW

Akcome Technology has expanded its heterojunction (HJT) solar cell capacity by an additional 4.6 GW, while China Energy Construction Corporation (CECC) has kicked off a 42 GW inverter tender for 2024.

Competition heats up

Oversupply is hitting some solar manufacturers hard but grid constraints and labor shortages are unlikely to hold the solar industry back in 2024.

China’s monocrystalline PERC cell prices extend losses while TOPCon cells hold steady

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Tata Power Solar to supply 152 MWp DCR modules for NTPC’s Nokh PV Park

Tata Power Solar Systems Ltd will supply 152 MWp of bifacial mono-PERC modules built with in-house developed cells for NTPC’s Nokh PV Park in Rajasthan.

Adani ‘Green Talks’ supports 5 social impact startups

Adani Group’s ‘Green Talks’ provides an open source platform to social entrepreneurs to develop their ideas and make them reality.

Implementing robust O&M practices in the solar industry

Ensuring the reliable performance of solar PV systems demands a meticulous approach to essential solar operations and maintenance (O&M) practices. This encompasses not only the solar PV panels but also batteries, charge controllers, inverters, and all associated wiring and connections.

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Sterling and Wilson Renewable Energy raises INR 1,500 crore through QIP

Sterling and Wilson Renewable Energy’s INR 1,500 crore ($180 million) qualified institutions placement issue received an overwhelming response from both domestic mutual funds and marquee global foreign institutional investors.

Batteries in hybrid hydro-PV systems could increase profitability by 2%

Researchers from Norway have discovered that adding batteries to projects that combine hydropower and floating PV could increase annual profits by as much as 2%, due to revenues from ancillary services and capacity markets.

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