Solar industry faces collapse amid surplus and plunging prices
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
GameChange Solar secures tracker supply contract for 750 MW PV project in India
GameChange Solar will supply its Genius Tracker solutions to Sterling and Wilson Renewable Energy for a 750 MWp PV plant in the Khavda Solar Park of the Indian state of Gujarat.
Major U.S. corporations embracing community solar
The Coalition for Community Solar Access (CCSA) noted that household names such as Microsoft, Google, Walmart, Starbucks, Rivian, Wendy’s, and T-Mobile are just a few of the Fortune 500 companies that have signed agreements with community solar developers.
ReNew signs 437.6 MW green attribute contract with Microsoft
This contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030.
JMK expects India to add 21.5 GW of solar this year
India is expected to install 16.5 GW of solar from utility-scale installations, 4 GW rooftop and another 1 GW from off grid component in 2024.
AM Green brings million-ton green ammonia project to FID
AM Green Ammonia has reached final investment decision (FID) on its first million-ton green ammonia project in Andhra Pradesh. Majority of production from the plant will be exported to Europe.
Bondada Engineering secures 170.4 MW of distributed solar projects in Maharashtra
Bondada Engineering Ltd has secured the Letter of Award to set up 170.40 MW (DC) of grid-connected distributed solar power plants on a turnkey basis. The projects are to be developed under Mukhya Mantri Saur Krushi Vahini Yojana 2.0 of the state government of Maharashtra.
EDF Renewables wins tender for largest PV plant in Israel
EDF Renewables says it has won a tender to build and operate Israel’s largest PV plant, a 300 MW project near Dimona, with a bid under $0.019/kWh – the lowest price ever in the Israeli market.
How much shade is enough?
Researchers have covered part of a rooftop solar plant with a different numbers of shading cloth layers to measure their power, current, and voltage. They have been able to identify a point after which the value of system current and maximum power is no longer sensitive to shading heaviness.
Tata Power Solar partners ICICI Bank for easy financing to residential and corporate customers
ICICI Bank will provide low-cost loans to residential and corporate customers for purchase of Tata Power solar panels.
