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.
Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
Fostering solar adoption requires a holistic approach
While the benefits of solar adoption are evident, challenges persist. The irregularity of solar power and the lack of efficient storage technologies remain primary concerns. The upfront costs of solar installations, though decreasing, remain a barrier for many. Complex regulations and bureaucratic hurdles often deter individuals and businesses from embracing solar energy. Addressing these challenges demands a concentrated effort.
Jakson Green opens office in Dubai
Jakson Green has set up an office in Dubai as it looks to increase its presence in sustainable energy solutions across the Middle East and North Africa (MENA) region. The company said its Dubai office will help it foster closer collaborations with partners and clients in the region.
Siemens profit 36% up YoY in July-Aug-Sept quarter
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
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.
Japan’s 18th solar auction concludes with lowest bid of $0.053/kWh
Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 7.94 ($0.053)/kWh, with 105 MW of allocated capacity.
Adani Total Gas launches green hydrogen blending pilot in Ahmedabad
Adani Total Gas Ltd will blend green hydrogen with natural gas for over 4,000 home and commercial piped natural gas (PNG) customers during the pilot phase. The project will assess the viability of green hydrogen as an alternative energy source for city gas distribution (CGD) consumers.
India added 8.5 GW of solar in first nine months of 2023
India’s solar installations for the Jan-Sept period in 2023 stood at 8.5 GW, 25% less year-on-year. The nation is expected to install an overall 11 GW in the current calendar year.
Israel to build energy communities in villages destroyed by Hamas
Israel’s Ministry of Energy and Infrastructure says it is currently developing a multi-year program for communities attacked by Hamas on Oct. 7. It aims to deploy 5 GW of energy in the destroyed areas, once residents return.
