Markets

India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations

Panasonic Life Solutions India provides “Made-in-India” solar modules and high-quality solar EPC solutions for commercial and industrial consumers. Targeting an increased share of the Indian rooftop PV market, it plans to include solar-plus-storage solutions for industrial consumers and residential solar kits in its offerings. Amit Barve, business unit head of solar at Panasonic Life Solutions India, speaks to pv magazine about the Indian market and their plans for future growth.  

The International Renewable Energy Agency (IRENA) has published a dataset with 10,905 sites for PV deployment across Africa, with an estimated total capacity of 4.9 TW.

India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).

Mahindra & Mahindra has incorporated Emergent Solren as a wholly-owned subsidiary of its arm Mahindra Holdings.

The e-commerce giant will add TVS Motor’s electric two- and three-wheelers to its existing delivery fleet.

Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.

The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.

Tamil Nadu-headquartered SunEdison Infrastructure Ltd will now be known as Refex Renewables & Infrastructure Ltd.

The consulting firm expects prices to decline gradually through the first semester of 2023, followed by an accelerated decline in the second half of the year, with prices falling from the current CNY 300 ($36.64)/kg to below CNY 150/kg by the end of 2023. Polysilicon production capacity may increase from 500 GW in 2022 to 975 GW next year.