Capacity addition in the rooftop solar segment stood at 2,294 MW, which is higher than the yearly rooftop PV installations of 2022.
Germany’s Fraunhofer Institute for Applied Solid State Physics (IAF) has developed an ultra-efficient circuit topology for voltage converters with an electrical efficiency of 99.74%. The tech could considerably raise the coefficient of performance for electrocaloric heat pumps and the scientists are now considering components based on semiconductor gallium nitride (GaN) for higher power density and efficiency.
Meyer Burger plans to start a 2 GW cell factory in Colorado in the fourth quarter of this year.
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.
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.
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.
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
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.
China-based GoodWe has developed two new solutions – the ETC 100 kW hybrid inverter and the BTC 100 kW retrofit battery inverter – for commercial and industrial (C&I) solar applications.
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.
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