Meyer Burger builds 2 GW solar cell factory in US
Meyer Burger plans to start a 2 GW cell factory in Colorado in the fourth quarter of this year.
PFC signs MoUs for clean energy lending worth around $29 billion
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
China solar module prices rebound
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Revkor, H2 Gemini unveil plan to build 20 GW HJT perovskite cell, module factory in U.S.
The two companies are targeting to reach an annual production capacity of 20 GW by the end of 2025. Manufacturing activities are scheduled to begin in the second quarter of next year.
ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
Australian team claims 99% recovery rate with solar recycling process
Engineers at the University of New South Wales (UNSW) have developed a new, more effective method to recycle end-of-life solar panels. The technique allows them to quickly and efficiently separate 99% of PV cell component materials.
Avaada announces $2.44 billion REC funding for energy transition projects
Avaada has signed an agreement with REC for INR 20,000 crore (around $2.44 billion) investment to fund its multiple projects over the next five years.
European warehouses store 40 GW of unsold solar panels
Rystad Energy says that about €7 billion ($7.8 billion) of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
India’s solar PV module exports surge 364% YoY
India exported solar PV cells and modules worth INR 8,440 crore in FY 2022-23. USA was the top destination with a 97% share.
NREL develops perovskite solar cells with 93% bifaciality
The National Renewable Energy Laboratory (NREL) has made highly bifacial perovskite cells with a front-side efficiency of 23%.
