Israel to build energy communities in villages destroyed by Hamas
Israel’s Ministry of Energy and Infrastructure says it is currently developing a multi-year program for communities attacked by Hamas on Oct. 7. It aims to deploy 5 GW of energy in the destroyed areas, once residents return.
HPCL targets 2.4 GW renewables, 16,870 tpa green hydrogen capacity by 2027-28
The oil and natural gas major will make a capital investment of INR 75,000 crore over the next five years with up to 30% of the amount going into the renewables and gas segment.
Wall-mount lithium battery inverters from Exide
Exide has forayed into lithium-ion-based home power backup systems with the launch of wall-mount lithium battery inverters in 450 W and 720 W sizes.
Germany’s January-October solar capacity additions hit 11.7 GW
Germany installed 11.7 GW of new solar capacity between January and October 2023, with 1.23 GW added in October alone, bringing the nation’s cumulative installed solar capacity to 79.2 GW.
Physics-based model to predict soiling losses in bifacial solar modules
Scientists in India have developed a novel way to predict soiling accumulation on bifacial modules. Their approach considers dust deposition, rebound, and resuspension phenomena.
Western Coalfields Ltd plans 35 MW of solar plants for self-consumption
CIL Navikarniya Urja Ltd, on behalf of Western Coalfields Ltd (WCL), has invited bids to set up 35 MW of solar plants at WCL’s three sites in Maharashtra.
Statkraft bets on mix of renewables for hydrogen production
Statkraft used actual production data from wind and solar farms in Spain to study the feasibility and bankability of hydrogen projects. For a 1 MW electrolyzer to achieve a 40% utilization rate, five times more solar capacity would be needed, it said.
Falling module prices to drive record ‘16 GW’ solar addition this fiscal
Softening of PV module prices will improve investment returns for 45 GW of solar projects in the pipeline that have been awarded since FY 2021. This, in turn, will spur project development, with around 16 GW capacity estimated to be installed this fiscal.
KEC secures transmission line orders in Middle East, Europe
KEC International Ltd has secured orders for 220 and 400 kV overhead transmission lines in the Middle East, and 110 kV transmission lines in Europe.
IREDA IPO opens for subscription
Indian Renewable Energy Development Agency Ltd is looking to raise up to INR 2,150.21 crore from its initial public offering (IPO) of 671,941,177 equity shares.
