Solar industry faces collapse amid surplus and plunging prices
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
GameChange Solar secures tracker supply contract for 750 MW PV project in India
GameChange Solar will supply its Genius Tracker solutions to Sterling and Wilson Renewable Energy for a 750 MWp PV plant in the Khavda Solar Park of the Indian state of Gujarat.
JMK expects India to add 21.5 GW of solar this year
India is expected to install 16.5 GW of solar from utility-scale installations, 4 GW rooftop and another 1 GW from off grid component in 2024.
AM Green brings million-ton green ammonia project to FID
AM Green Ammonia has reached final investment decision (FID) on its first million-ton green ammonia project in Andhra Pradesh. Majority of production from the plant will be exported to Europe.
EDF Renewables wins tender for largest PV plant in Israel
EDF Renewables says it has won a tender to build and operate Israel’s largest PV plant, a 300 MW project near Dimona, with a bid under $0.019/kWh – the lowest price ever in the Israeli market.
How much shade is enough?
Researchers have covered part of a rooftop solar plant with a different numbers of shading cloth layers to measure their power, current, and voltage. They have been able to identify a point after which the value of system current and maximum power is no longer sensitive to shading heaviness.
Brookfield-backed Evren commits $5 billion investment in Andhra Pradesh
Evren, a clean energy JV of Axis Energy and Brookfield, has committed $5 billion investment to develop 3.5 GW of solar and 5.5 GW of wind assets in Andhra Pradesh.
JSW Energy secures 300 MW wind-solar hybrid project, signs PPA for 300 MW solar
JSW Energy has been awarded a 300 MW interstate transmission system (ISTS)-connected wind-solar hybrid power project by NTPC Ltd. It has also secured a power purchase agreement (PPA) with Bangalore Electricity Supply Co. Ltd for 300 MW solar capacity in Karnataka.
East-west vertical PV as antidote for soiling in desert regions
New research shows that east-west-oriented vertical PV installations can significantly help reduce soiling in desert environments. The scientists found that PV power generation can be up to 9% higher in vertical systems compared to conventional arrays.
Vena Energy moves ahead with 550 MW of solar in the Philippines
Singapore’s Vena Energy and MGen Renewable Energy, the renewables unit of Manila-based Meralco PowerGen Corp., have signed an investment agreement for 550 MW of solar in the Philippines. Construction is due to start later this year.
