China module prices hold steady
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.
C4V, Trot Solutions tie up to develop green ports in India
C4V, a New York-headquartered lithium-ion cell technology company, has tied up with UAE-based Trot Solutions to develop green ports in India. The alliance has started to discuss with the port operators for its first green port project at Jawaharlal Nehru Port Terminal in India.
WoodMac predicts 270 GW of new global PV capacity in 2023
Wood Mackenzie expects 270 GW of new global PV capacity in 2023, up 33% year on year. However, the annual growth rate is anticipated to fall to 1% in 2024 and to increase again by 5% in 2025.
India to emerge as global renewable energy powerhouse, says power minister
The nation is also set to emerge as one of the largest solar module manufacturers. It has considerable existing solar manufacturing capacity and is constructing even larger capacities, including polysilicon.
Algeria’s Sonelgaz reveals prequalified bidders for 2 GW solar tender
Sonelgaz, Algeria’s state-owned utility, is seeking proposals to build 15 solar plants in 11 locations. The projects will range in size from 80 MW to 220 MW.
Aerocompact releases ‘universal’ mounting system for pitched roofs
Aerocompact, an Austrian manufacturer, has unveiled a ‘universal’ mounting system for pitched roofs that reduces assembly times by up to 40%. It features colored cover plates in red, brown, or anthracite.
Adani Green profit surges 51% YoY in Q1 FY 2024
Adani Green Energy recorded a consolidated net profit of INR 323 crore ($39.3 million) for the April-May-June period of 2023.
NTPC profit surges 9.39% YoY in first quarter
The state-owned power generator reported a net profit (profit after tax) of INR 4,066 crore ($494.34 million) in the April-May-June period of FY 2023-24.
Rays Power signs 283 MWp solar EPC contract with Serentica Renewables
Rays Power Infra has secured the engineering, procurement, and construction contract for a 283 MW DC solar PV project in Karnataka.
The Hydrogen Stream: Germany to use hydrogen ‘in all sectors’
The German authorities have announced plans to double domestic electrolysis capacity to 10 GW by 2030, BloombergNEF has reported that green hydrogen became competitive with gray hydrogen earlier than expected, and Chinese researchers have presented new research on microbial hydrogen production.
