Residential PV

Mercom’s latest report says the Indian solar sector saw significant changes in the players’ market share in 2022—a year heavily impacted by policies like basic customs duty on cells and modules and Approved List of Models and Manufacturers.

India reached a cumulative installed power generation capacity of 416 GW as of March 2023. Renewables formed 30% and hydro 11% of the capacity mix.

NREL researchers model viable pathways to supplying the estimated 60 TW of capacity required for decarbonization, and study the effect that disruptive solar technologies may have on deployment cost and market opportunity.

Researchers have defined a new machine learning-based methodology that reportedly reduces customer acquisition costs by about 15% or $0.07/Watt. It is based on an adapted version of the XGBoost algorithm and considers factors such as summer bills, household income, and homeowner’s age, among others.

Tata Power recorded a revenue of INR 56,033 crore and a net profit of INR 3,810 crore in FY 2022-23. 

Solar Ladder co-founder Abhishek Pillai told pv magazine they would use the funding to market and increase the sales of their software-as-a-service (SaaS) product to PV installers pan India. The company also plans to expand its customer support team.

In its latest monthly column for pv magazine, the International Renewable Energy Agency shares a series of recommendations gathered from sector experts to help India reach its ambitious solar targets. According to its experts, Quality Infrastructure (QI) will be crucial for the country’s PV market in the years to come. QI is an interdependent ecosystem of the different elements (accreditation, certification, standards, testing, metrology, inspection & monitoring) working together in harmony, and all associated services should be developed in unity and not in a piecemeal fashion. A sound and internationally harmonized QI not only ensures that PV products and services deliver as expected by customers and national energy authorities, but also enables more efficient and competitive markets based on a global economy on scale.

Solis has released a new line of hybrid inverters in five different power output versions, ranging from 3 kW to 8 kW. The hybrid inverters can be used with either lithium-ion or lead-acid batteries, with a maximum charging and discharging current of 190 A.

German PV product supplier Green Akku says that its new PV system can be vertically attached to fences. It reportedly generates more solar power, even in winter.

Researchers in India have combined PV generation with heat produced by an earth-to-air heat exchanger to provide buildings with space heating and cooling. They say the proposed system could result in an annual energy gain of 8116.7 kWh.