Utility Scale PV

India’s solar installations for the Jan-Sept period in 2023 stood at 8.5 GW, 25% less year-on-year. The nation is expected to install an overall 11 GW in the current calendar year.   

The oil and natural gas major will make a capital investment of INR 75,000 crore over the next five years with up to 30% of the amount going into the renewables and gas segment.

Germany installed 11.7 GW of new solar capacity between January and October 2023, with 1.23 GW added in October alone, bringing the nation’s cumulative installed solar capacity to 79.2 GW.

Scientists in India have developed a novel way to predict soiling accumulation on bifacial modules. Their approach considers dust deposition, rebound, and resuspension phenomena.

Statkraft used actual production data from wind and solar farms in Spain to study the feasibility and bankability of hydrogen projects. For a 1 MW electrolyzer to achieve a 40% utilization rate, five times more solar capacity would be needed, it said.

Softening of PV module prices will improve investment returns for 45 GW of solar projects in the pipeline that have been awarded since FY 2021. This, in turn, will spur project development, with around 16 GW capacity estimated to be installed this fiscal.

Indian Renewable Energy Development Agency Ltd is looking to raise up to INR 2,150.21 crore from its initial public offering (IPO) of 671,941,177 equity shares.

RenewSys will supply 100 MW of monocrystalline bifacial glass-backsheet modules for Engie India’s GUVNL 2 solar project.

Nextracker has tailored solar tracker solutions for the Indian landscape, addressing critical concerns like undulating terrains and rapidly changing irradiance conditions on utility-scale sites—Rajeev Kashyap, Vice President and Managing Director at NEXTracker, Inc, tells pv magazine 

In its first commercial project, Terabase Energy successfully installed 17 MW of a 225 MW solar facility with its automated Terafab platform.