Scientists in India have proposed a new classification of energy sources that is intended for the adoption and definition of emerging technologies, which they said conventional taxonomies fail to achieve.
Vaulta, an Australian battery tech company, has developed its first dedicated residential battery. The small-scale energy storage system can purportedly operate for 4,000 cycles, with an 80% depth of discharge.
Evos, an Australian startup specializing in electric-vehicle charging technology, has unveiled its first home chargers. The 7 kW wall-mounted devices are designed to add driving range to EVs for every hour they are plugged in.
Capacity addition in the rooftop solar segment stood at 2,294 MW, which is higher than the yearly rooftop PV installations of 2022.
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
Germany’s Fraunhofer Institute for Applied Solid State Physics (IAF) has developed an ultra-efficient circuit topology for voltage converters with an electrical efficiency of 99.74%. The tech could considerably raise the coefficient of performance for electrocaloric heat pumps and the scientists are now considering components based on semiconductor gallium nitride (GaN) for higher power density and efficiency.
Germany installed more than 1 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 73.8 GW at the end of the first half of this year.
The adoption of building-integrated photovoltaics (BIPV) has been hindered by the complexity of fire safety standards, creating challenges for manufacturers and suppliers. However, efforts such as the IEA PVPS Task 15 report and collaborative research have shed light on the importance of comprehensive guidelines, reliable testing laboratories, and international cooperation.
India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.
Timely scale-up in tendering activity and moderation in solar PV cell and module prices, if sustained, would support improvement in capacity addition in the renewable energy sector.
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