String inverter for commercial solar installations
SMA’s Sunny Tripower CORE2 110 kW string inverter with a flexible design allows up to 150% oversizing of the solar PV array.
Norwegian startup unveils CO2 water-to-water heat pump
Tequs said its new plug-and-play heat pump can deliver up to 90 C of heat for space heating, air conditioning, and domestic hot water. The new product is available in eight versions with capacity ranging from 17 kW to 268 kW.
ALMM expands market for domestic solar manufacturers
The ALMM reinstatement opens up a vast market for domestic solar panel manufacturers by creating a non-tariff barrier for Chinese products. However, for projects and schemes such as PM Surya Ghar: Muft Bijli Yojana which mandate domestic content requirement (DCR), the shortage of domestically manufactured cells could lead to an increase in the cost of DCR modules.
Waaree Energies secures 400 MW solar module supply contract with GIPCL
Waaree Energies will manufacture and supply 400 MW of bifacial solar PV modules to Gujarat Industries Power Co. Ltd’s (GIPCL) project in Gujarat.
BluPine Energy reaches financial close on 120 MW solar project in Gujarat
BluPine Energy has secured debt financing from HDFC Bank to develop a 120 MW solar project in Gujarat.
DualSun launches foldable plug-and-play solar kits
France’s DualSun has developed foldable plug-and-play solar kits with a power range of 420 W to 1.68 kW.
REC secures JPY 60.5 billion green loan backed by Italian export credit agency SACE
REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.
Godrej & Boyce secures orders worth over INR 1,000 crore in FY 2024
Godrej Electricals & Electronics secured orders worth over INR 1,000 crore in FY 2024 for its power infrastructure business. Majority of these orders pertained to renewable energy evacuation.
Another bidding extension for 300 MW solar EPC in Andhra Pradesh
EPC contractors can now submit bids until May 8 to set up 300 MW of solar capacity in the Ramagiri district.
At least 29 countries installed more than 1 GW of PV in 2023
IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.
