‘Renewables will eat itself,’ says Australian analyst
Over the next five to 15 years, batteries will undercut the business case for major transmission and interconnector projects. These assets will nonetheless likely be built, decreasing price spreads and eating into the revenues of batteries, predicts analyst Warwick Johnston.
Spain targeting 56 GW of new solar by 2030 under new energy strategy
The Spanish government says it aims to deploy 76 GW of cumulative PV capacity and 22 GW of storage by the end of this decade. The old version of the national energy strategy had set a PV target of 39 GW.
Premier Solar, Amara Raja Infra JV wins $130 million contract in Bangladesh
Premier Solar Powertech, in a joint venture with Amara Raja Infra, has secured a $130 million PV contract in Bangladesh. The company will provide technical support and supply 140 MWp of high-efficiency solar panels to the project.
Avaada Group closes $1.3 billion funding round
The integrated energy company has closed $1.3 billion in financing for its green hydrogen, green methanol, green ammonia, solar manufacturing, and renewable power generation ventures.
US researchers identify rising number of solar siting restrictions
Columbia University researchers have identified 59 new renewable energy siting restrictions across 35 US states, taking the total to 228. They noted that nine state-level restrictions are severe enough to block projects.
New nanocoating to improve solar module output
India’s TriNANO Technologies has developed a nanocoating for solar modules that reportedly increases the panel’s power generation by up to 4% owing to its light trapping, anti-reflection and self-cleaning properties. It also lowers the panel temperature by 2-3 degrees Celsius compared to non-coated panels.
Amara Raja secures 100 MW solar project in Bangladesh
Amara Raja Group’s EPC arm has secured the contract to build a 100 MW (AC) solar plant in Bangladesh. The $130 million project is funded by the EXIM Bank of India.
Solar passports to support PV waste management in India
A new study proposes a blockchain-based solar passports framework to address the PV waste management challenge in India. It says such a framework would enable transparent tracking and verification of PV panels throughout their lifecycle, ensuring efficient asset monetization and promoting sustainable practices within the solar industry.
NHPC to develop 2 GW pumped storage, 1 GW solar projects in Odisha
The state-owned hydropower producer has signed a memorandum of understanding (MoU) with Grid Corp. of Odisha (GRIDCO) to develop 2 GW of pumped storage and 1 GW of solar energy projects in Odisha.
India’s Sleepwalkers unveils dry-cleaning robotic device for solar panels
Sleepwalkers has introduced an automated robotic device for solar panel cleaning that doesn’t require an additional rail system as it can move on the aluminum frame of the panels.
