Buildings can offer gigawatts of new peak capacity as ‘batteries’
Modeling shows that shifting just one-third of the electricity consumption of commercial and institutional buildings in Australia to the middle of the day, coinciding with peak solar supply, would create almost 12 GW of new peak capacity in the National Electricity Market.
The warming effect of PV on land surface temperature
Researchers in Japan have analyzed the warming effect of photovoltaic system on land surface temperature around the Kushida River Basin for ten years and have found this value increased by an average of 2.85 C.
Waaree Renewable Technologies records INR 148.04 crore profit in FY 2024
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 876.44 crore and profit after tax (net profit) of INR 148.04 crore in FY 2024.
Off-grid solar-wind power plant design for green hydrogen generation
Scientists in Czechia have conducted a techno-economic analysis of a green hydrogen production system powered exclusively by photovoltaic and wind energy. The system uses surplus energy for water treatment and, according to its creator, can achieve a levelized cost of hydrogen of $3.12/kg.
The Hydrogen Stream: Asahi India Glass signs 20-year green hydrogen off-take agreement with INOX Air Products
INOX Air Products will build and operate a green hydrogen plant with a capacity of 190 tonnes per annum (TPA). The plant will supply 95 TPA of green hydrogen to Asahi India’s float glass manufacturing facility in Rajasthan in the first phase.
AMPIN Energy secures $35 million from responsAbility
Swiss impact investor responsAbility’s $35 million investment will enable AMPIN Energy Transition to grow its renewable energy portfolio, primarily in commercial and industrial (C&I) solar across a wide spectrum of sectors in India.
ReNew secures PPAs for 2.2 GW of renewables
ReNew has secured power purchase agreements for 1,500 MW of solar and 688 MW of wind power projects. It has also received Letter of Awards for an additional 5.8 GW of renewable energy capacity.
Off-grid solar investment down by 43% globally in 2023
The Global Off-Grid Lighting Association (GOGLA) says total investment in the off-grid solar sector stood at $425 million in 2023, down 43% year on year. It says the industry needs to address a lack of early-stage financing to meet development and climate targets.
New study calculates 207 GWp of floating solar potential in India
A new report prepared under the Indo-German Technical Cooperation on Innovative Solar provides a comprehensive overview of the floating solar PV potential in India. It also provides projections for installations from 2024 to 2040.
Research shows high-albedo ground reflectors increase bifacial solar plant yield by up to 4.5%
Tests conducted by Canadian researchers at the NREL’s testing field in Colorado have shown that ground reflectors based on high-density polyethylene can significantly increase bifacial PV plant performance. They stressed the profitability of this technology is strictly dependent on the location and warned avoiding to combine it with inverter clipping.
