Most new solar panels retain 80% production after 30 years
A five-year Sandia Labs study on solar module degradation shows that 13 out of 23 tested module types have effective lifetimes exceeding 30 years.
Serentica Renewables secures $400 million from US investor KKR
Currently, Serentica Renewables is developing 1.5 GW of solar and wind power projects for energy-intensive industries in India. Over the medium-term, it aims to install 5 GW of clean energy capacity, coupled with different storage technologies. The investment from KKR will support its industrial decarbonization projects.
India needs $300 billion to meet 2030 target of 500 GW non-fossil energy capacity
A new report by Arthur D. Little presents an integrated blueprint for India to achieve its true potential in the power sector with a focus on renewables.
ISMT to set up 70 MW solar plant for self-consumption
ISMT Ltd, a Pune-headquartered seamless steel tube manufacturer, will set up the 70 MW DC captive solar plant with an investment of up to INR 305 crore ($37.1 million).
Fourth Partner Energy to develop rooftop solar projects for Decathlon suppliers in Bangladesh
India’s Fourth Partner Energy will execute rooftop solar projects at the sites of Decathlon’s suppliers in Bangladesh. It targets 15 MW across 12-15 facilities by December 2023 in Phase 1.
PCM-based thermal battery to store solar power via heat pump
Norway’s SINTEF has designed a heat storage system based on phase change materials (PCM) that can support PV generation and peak shaving. The battery’s container hosts 3 tons of liquid biowax based on vegetable oil and is now beating performance expectations at a pilot facility.
Jindal Steel and Power signs 1 GW carbon-free energy deal with Greenko
Greenko will assist Jindal Steel and Power in the design and development of the associated renewable energy capacity, and identification of potential strategic investors for the RE capacity. It will also provide its pumped storage capacity currently under development in Madhya Pradesh and Rajasthan.
Global installed PV capacity could hit 260 GW in 2022
The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.
WRI India hosts Accelerating Clean Energy 2022
On Day 1, industry experts discussed the role of states’ renewable energy agencies and strategies to accelerate the pace of energy transition in Indian cities.
ISA Assembly approves payment guarantee mechanism for solar projects in Africa
The fifth assembly of the International Solar Alliance (ISA) approved Solar Facility, a payment guarantee mechanism to mitigate risks associated with solar projects in Africa.
