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Commercial & Industrial PV

Solar module prices will stay high until 2023, IHS Markit says

IHS Markit predicts that global installed solar PV capacity will grow by 20% to over 200 GW in 2022, despite a difficult cost environment. PV system costs are expected to resume their downward trend from 2023, when more polysilicon capacities will come into operation.

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NTPC, Indian Oil to collaborate on renewable energy

The two energy majors have come together for the generation and storage of renewable energy or other forms of energy, including gas-based power, primarily to power Indian Oil refineries or other installations.

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Oriano commissions 36 MWp ‘group captive’ solar project in Karnataka

The open-access solar project under group captive mode will supply power to one of the global pharmaceutical companies.

European consortium develops ways to couple heat pumps with solar panels

The Sun Horizon consortium has started to collect performance data on two pilot projects that combine heat pumps with solar systems using hybrid panels on homes in Riga, Latvia. The solution features a heat pump for space heating and domestic hot water and PVT panels to produce power for heating and domestic appliances, with excess power fed to the grid.

“450 GW by 2030 renewable energy target ambitious but achievable” 

At the Renewable Leadership Summit 2021 held recently in New Delhi, Dinesh Jagdale, joint secretary, Ministry of New and Renewable Energy, also asserted the ministry is working on addressing stakeholders’ concerns to ensure the investments keep flowing into RE capacity expansion and equipment manufacturing. The Summit, organized by Solar Association, also saw Solis launch its new-generation PV plant monitoring platform and off-grid hybrid inverters. 

Solar and wind power procurement options for commercial and industrial consumers

Solar, like wind, has evolved into a more viable bilateral arrangement business model as prices have decreased and favorable legislation has emerged. Due to significant technical advancements, the solar industry has overtaken wind and has emerged as the favored option.

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USA becomes 101st member of the International Solar Alliance

The International Solar Alliance is an international intergovernmental treaty-based organization headquartered in India that aims to reduce the cost of solar technology and mobilize finance to accelerate solar adoption in its member countries. 

Reversing the crisis of climate change

We all should envisage a society in which everyone, including individuals and businesses, operate carbon neutrally, i.e., all entities reduce their carbon footprint by adopting sustainable practices.

International Solar Alliance forms advisory committee to mobilize US$1 trillion solar investment

The advisory committee will guide the International Solar Alliance on meeting its objective of mobilizing US$ 1 trillion investment in solar energy by 2030. Committee members include representatives from leading institutional investor like Africa50, CDPQ Global, IFC, the Development Bank of Southern Africa, Capricorn Investment Group, and Temasek.

Moving from energy-efficient buildings to energy-generating buildings

To achieve the government’s ambitious renewable energy targets, and integrate the two growing sectors of infrastructure and construction and renewable energy, the existing policies and codes for green buildings need to be further enhanced. Most of these rules need to include specific details about energy generation. Right now, these are more to do with energy efficiency. 

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