Torrent Group commits $7.28 billion renewables investment in Rajasthan
The Group will invest more than INR 60,000 crore ($7.28 billion) in setting up renewable energy projects, including green hydrogen, in the Indian state of Rajasthan.
Global polysilicon capacity could hit 536 GW by end of 2023
Clean Energy Associates said in a new report that it expects polysilicon production capacity to exceed PV installations next year.
Wind, solar payback times under a year in some parts of world, says Rystad
Record energy prices, particularly in Europe, are driving demand for renewables and energy storage. That is changing the equation for utility solar and wind investment and shortening project payback times to under a year in some regions. Storage deployment, driven by recent policy developments around the world, is also expected to get a big boost through to 2030.
Coal India to set up 1.19 GW solar project in Rajasthan
The state-owned coal miner has signed a deal to set up the project in Rajasthan Vidyut Utpadan Nigam Ltd’s 2 GW solar power park in Bikaner. The estimated cost of the solar project is INR 8,000 crore ($974 million).
Pennar Industries secures 625 MW DC solar project from NTPC REL
The Hyderabad-based diversified engineering firm has won an INR 1,167 crore ($141.64 million) contract to install, commission, and provide three-year operation and maintenance support for a 625 MW DC solar project in Rajasthan.
Longi eyes green hydrogen market in India
Longi is entering the green hydrogen market in India with its alkaline electrolyzer offerings. It will also roll a next-generation Hi-MO solar module later this year, which, it says, will outshine all the prevailing panel technologies.
JinkoSolar achieves 26.1% efficiency for n-type TOPCon solar cell
JinkoSolar has set another world record for n-type solar cell efficiencies with its TOPCon technology, this time reaching 26.1%. The new record was confirmed by China’s National Institute of Metrology.
Sodium-ion battery anode made from toxic hogweed
Russian researchers have transmuted poisonous Sosnowsky’s hogweed into high-grade anode material for sodium-ion batteries. The obtained material has a Coulombic efficiency of 87%, which is on par with the best reported results for hard carbons synthesized from other raw materials.
India expected to annually deploy 35-40 GW of renewables until FY2029-30 end
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
“n-type module launch reflects our commitment to India”
China’s Trina Solar has shipped more than 8 GW of solar modules to India. It is looking to strengthen its foothold in the market with the launch of n-type PV modules.
