India imported solar PV panels worth $1,136.28 million in H1 FY 2024
India’s solar panel imports in the April-Sept. period of FY 2024 surpassed the value of panels imported in the twelve months of FY 2023. Cell imports have also increased considerably year-on-year, with H1 FY 2024 value touching $1,005.07 million.
Solar LCOE now 29% lower than any fossil fuel option, says EY
A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity. The global weighted average levelized cost of electricity (LCOE) for PV is now 29% lower than the cheapest fossil fuel alternative.
China: Polysilicon prices continue to fall
Polysilicon prices fell by as much as 0.63% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).
China module prices slide to new record low, manufacturers cut production
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.
France’s Profils Systèmes unveils new solar veranda
Profils Systèmes, a French aluminum carpentry specialist, has developed Wallis&Energy, a new solar veranda that is designed to integrate seamlessly into existing buildings and new structures.
India’s installed solar power capacity expected to hit 104 GW by March 2025
ICRA expects India’s installed solar power capacity to grow to 104 GW by March 2025 from 72 GW as of October 2023, led by strong policy support and moderation in solar module prices.
China’s Sunpure to supply L&T with PV cleaning robots for 805 MWp solar project in Saudi Arabia
Sunpure will supply Larsen & Toubro with over 1,500 water-free cleaning robots for an 805 MWp solar project in Saudi Arabia.
Solitek launches solar carport for residential, commercial applications
Lithuania-based Solitek has launched a carport product line featuring 370 W glass-glass frameless modules. It is designed to withstand a snow load of up to 2.5 kN/m2 and 27m/s of wind loads.
Gautam Solar TOPCon modules receive BIS certification
Gautam Solar’s 590 Wp TOPCon modules are now certified by the Bureau of Indian Standards (BIS). The modules offer energy conversion efficiency of up to 22.84% and optimized bifacial power generation performance.
California deals blow to rooftop solar
The California Public Utilities Commission (CPUC) has prohibited the use of battery-tied solar exports to offset delivery charges, following its decision to slash the value of standalone solar exports in order to encourage the pairing of systems with battery storage.
