Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
German research institute unveils 99.74% efficient power electronics for solid-fuel heat pumps
Germany’s Fraunhofer Institute for Applied Solid State Physics (IAF) has developed an ultra-efficient circuit topology for voltage converters with an electrical efficiency of 99.74%. The tech could considerably raise the coefficient of performance for electrocaloric heat pumps and the scientists are now considering components based on semiconductor gallium nitride (GaN) for higher power density and efficiency.
Germany deployed 6.26 GW of solar in H1
Germany installed more than 1 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 73.8 GW at the end of the first half of this year.
Off-site C&I renewables installations to touch 4-5 GW per year
India will install open-access (off-site) solar and wind power generation capacity of 4-5 GW annually for the next two to three years, according to CareEdge Ratings analysts.
GoodWe unveils new inverters for C&I applications
China-based GoodWe has developed two new solutions – the ETC 100 kW hybrid inverter and the BTC 100 kW retrofit battery inverter – for commercial and industrial (C&I) solar applications.
US manufacturer introduces roof mount with integrated sealant
Pegasus Solar has developed the InstaFlash pre-installed sealant for composite shingle roofs.
First half 2023 total solar corporate funding increased 54% year-over-year
According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.
Bright prospects ahead for corporate solar market
In an exclusive article for pv magazine, Bridge To India provides a quick look at the key drivers and outlook for the corporate solar market in India.
Fourth Partner Energy commissions its first wind-solar hybrid project
The 70 MW wind-solar hybrid plant in Gujarat will supply clean electricity to corporate clients in New Delhi and Hyderabad.
CleanMax commissions 400 MW wind-solar hybrid plant for C&I offtake
The 400 MW wind-solar plant, located in Gujarat, is purportedly India’s largest single hybrid project for offtake by the commercial and industrial (C&I) sector.
