Installations

According to the World Nuclear Industry Status Report 2024, the world had 408 operational reactors producing 367 GW in the middle of the year, which is significantly less than installed capacity predictions for solar by the end of the year and five time less the world’s cumulative PV capacity.

UK-based energy think tank Ember says it expects 593 GW of solar to be added throughout the world this year – 29% more than in 2023. It says 292 GW were installed by the end of July.

Yashika Energy Systems has partnered Germany’s Next2Sun and Wattkraft India to launch pilot projects, ranging from 100 kWp to 500 kWp, integrating vertical bifacial solar technology with agriculture.

The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.

REC has agreed to provide INR 10,000 crore in debt funding to support Sunsure Energy in the development of 3 GW of solar, wind, hybrid, and battery energy storage projects.

Tata Power Renewable Energy Ltd has secured a Letter of Award to develop a 400 MW wind-solar hybrid project for power supply to the Maharashtra State Electricity Distribution Co. Ltd. The project includes original contracted capacity of 200 MW along with the greenshoe option for an additional 200 MW capacity.

Shipment volumes are growing in the global solar tracker market as innovation in project development drives demand. Joe Steveni, of S&P Global Commodity Insights, takes a look at the factors shaping the commercial landscape for trackers, from agrivoltaics and undulating terrain to Indian ambition and the United States’ Inflation Reduction Act.

SunPower, one of the largest, oldest, and most influential solar businesses in the United States, has closed its doors. Residential solar installers in the United States have struggled as interest rates have risen and cash generation has emerged as an issue.

Renewable Energy Expo India (REI) returns to Greater Noida at the start of October, for what will be its 17th edition. For the second year running, The Battery Show India will run concurrently with REI. pv magazine had the chance to catch up with Julian Thomas, Senior Project Director at show organizer Informa Markets, to discuss why electric vehicles and energy storage are now the key to India’s energy transition.

Adani Power Ltd has secured a Letter of Intent from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) to supply 6.6 GW hybrid solar and thermal power. The 5 GW solar component of the contracted power will be supplied by Adani Green Energy from its renewable energy park in Khavda, Gujarat.