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Highlights

Ireland shuts last coal plant, becomes 15th coal-free country in Europe

Moneypoint in County Clare, Ireland, joins the ranks of other European nations exiting coal by shutting off power generation at its sole remaining coal plant. Industry observers say Ireland’s increased renewable energy generation in recent years, particularly in wind, has contributed to this milestone. Moneypoint now functions as a backup oil burner under emergency instruction, but it is no longer active in the wholesale electricity market.

Attero to invest INR 100 crore to scale rare earth element recycling capacity to 30,000 tonnes

Attero will invest INR 100 crore to expand its rare earth element (REE) recycling capacity from the current 300 tonnes to 30,000 tonnes annually over the next 12 to 24 months.

US panel price spread widens between India and Indonesia/Laos origin

In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that US-assembled modules with imported cells continue to be heard between $0.26/W and $0.33/W, while modules with domestic content – which are still limited to just a handful of producers – are generally quoted between $0.4/W and $0.5/W.

Waaree clarifies it’s not moving away from Odisha

“Construction activities are actively ongoing, and contracts for the Odisha [solar manufacturing] facility have been duly awarded and are being executed as planned,” said Dr. Amit Paithankar, CEO and Whole-time Director of Waaree Energies.

Waaree Energies board approves change in 6 GW ingot-to-solar module fab location

Waaree Energies board of directors has approved a change in the location of its 6 GW ingot-to-solar module manufacturing project from Odisha to multiple sites across Gujarat, Maharashtra, and other potential states.

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ACME Solar secures PPA with NHPC for 250 MW FDRE project in Rajasthan

ACME Solar has signed a 25-year power purchase agreement with NHPC Ltd for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan.

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SECI launches tender for 1.2 GW solar with 600 MW/3,600 MWh energy storage

The Solar Energy Corp. of India Ltd (SECI) has issued a tender for the development of 1.2 GW of interstate transmission system (ISTS)-connected solar power projects, integrated with 600 MW/3600 MWh of energy storage systems (ESS), on a build-own-operate (BOO) basis. Bidding will close on August 20.

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Solar module prices in Europe falling with no clear trend in sight

Solar module prices in Europe have fallen by up to €0.01 ($0.01)/W this month, according to pvXchange.com, as the PV market shows resilience amid policy uncertainty and geopolitical risks.

Monetizing hydrogen and green infrastructure in emerging markets – an EPC perspective  

Emerging markets face significant obstacles in the production of green hydrogen, primarily high production costs and limited access to funding. It is crucial for firms to establish strong financial structures to ensure the success of their projects. 

India, Spain sign green hydrogen MoU

The Hydrogen Association of India (HAI) and the Spanish Hydrogen Association (AeH2) have signed a Memorandum of Understanding (MoU) to foster cooperation and collaboration in the field of green hydrogen.

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