Residential PV

The integrated power company reported a profit after tax or net profit of INR 1,052 crore ($127.6 million) in the quarter ended December 2022, a 91% increase year-on-year.

LG has developed an air source heat pump with the capacity to heat 200 liters to 270 liters of domestic water. It uses R134a as a refrigerant and the pump has a coefficient of performance (COP) of up to 3.85.

An international research group claims that raw materials and land availability do not present a real barrier for a global energy system with solar at its center. They said that forecasts for PV growth should not have their axis on utility-scale power plants and instead consider vertical PV, agrivoltaics, and floating PV as the source of future big market volumes.

UK scientists have discovered that second-life batteries could provide a lower levelized cost of electricity (LCOE) than conventional batteries in school buildings equipped with PV in East African schools. They said the cheapest system configuration uses either 7.5 kW or 10 kW of solar with 20 kWh of storage.

Experts at TERI say the money collected as cess on coal could be used to create a Green Equity Fund and also provide viability gap funding for energy transition projects.

Corporate decarbonization, value chain integration, wind-solar hybrid projects, battery energy storage, offshore wind, green hydrogen, and value-added offerings such as energy-as-a-service are key trends and technologies shaping up India’s renewable energy sector and offering ample scope for investments.

California-based Yoshino Technology has developed portable batteries using solid-state Li-NCM cell technology. The four variants come with power outputs of 330 W, 660 W, 2,000 W, and 4,000 W.

India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.

Tata Power Renewable Energy Ltd will set up a 3.125 MW ‘group captive’ solar plant to supply power to the Vivarea Condominium residential society in Mumbai.

Scientists in Morocco recently conducted a year-long study on the impacts of soiling on PV modules in arid, dusty conditions. They found that soiling could contribute to daily performance losses of as much as 15%.