ReNew signs MoU with Asian Development Bank for $5.3 billion
ReNew has signed a memorandum of understanding with the Asian Development Bank for the financing of renewable energy, manufacturing, carbon offset, and green hydrogen projects between 2023 and 2028.
SECI tenders for 400 MW of solar module supply
Solar Energy Corp. of India Ltd (SECI) is accepting bids to supply 400 MW of domestically manufactured solar modules built with made-in-India cells. The modules must be rated a minimum of 540 Wp each. Bidding ends on Dec. 23.
Bluebird Solar to expand module capacity to 2 GW by March 2025
Delhi-based Bluebird Solar, which currently has a 400 MW per year panel manufacturing facility, will ramp up capacity to 1.2 GW by March 2024 and further to 2 GW by March 2025.
Connecting HJT
The application of busbarless cell interconnection approaches could unlock the potential of heterojunction (HJT) technology, primarily by reducing the historically high silver usage of negatively-doped, “n-type” cell technology. As HJT manufacturing increases, a wave of applications may very well be on the horizon.
M10 solar cell prices dive to new record low
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.
Imec integrates silicon heterojunction solar cells into curved surfaces
Imec has successfully integrated silicon heterojunction PV cells into curved surfaces, resulting in a 6% efficiency increase compared to passivated emitter and rear contact (PERC) half cells. The cells are suitable for applications in vehicle-integrated and building-integrated PV (BIPV).
Hanwha Qcells shuts down 3.5 GW solar factory in South Korea
Hanwha Qcells has closed its 3.5 GW solar factory in South Korea as part of plans to optimize its PV module production capabilities amid a stagnant domestic solar market.
New global solar installations to hit 413 GW this year, says BloombergNEF
BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.
Polysilicon prices could hit all-time low by year-end
Bernreuter Research says in a new report that it expects polysilicon prices to soon dip below the historical low of $6.75/kg, which was reached in June 2020. It says global polysilicon capacity could hit 2.75 million metric tons (MT) by the end of December, with just 200,000 MT of the total outside of China.
Premier Energies wins 350 MW solar modules order from IRCON
Premier Energies will supply 350 MW of bifacial solar PV modules built with in-house manufactured cells, to IRCON Renewable Power’s PV Project in Pavagada, Karnataka.
