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Markets & Policy

Israel temporarily waives 600 KWh energy storage permits due to war

The Israeli planning regulator says that some storage facilities will not need permit approvals over the next 18 months.

NTPC, Engineers India Ltd sign MoA for green hydrogen and green ammonia

NTPC’s R&D center NETRA and Engineers India Ltd (EIL) will collaborate in carbon capture utilization and storage (CCUS), green hydrogen, and green ammonia.

Husk Power secures $100+ million to fund new solar minigrids in Africa and South Asia  

Husk Power Systems (Husk) has raised over $100 million in equity and debt to fund its new solar minigrid projects in South Asia and Africa. The company said the new capital would support 1,400 new minigrids, around 300,000 new connections, and avoid 350,000 tonnes of CO2 from the displacement of diesel generation while adding 2,500 new direct jobs.

Europe may go back to ‘normal’ inventory levels by June 2024

pv magazine recently spoke with Bartosz Majewski, CEO of Menlo Electric, a Poland-based solar distributor operating in Europe, about high inventory levels of solar panels in Europe.

AmpIn Energy, Jupiter form 1.3 GW solar cell and module manufacturing venture 

AmpIn Energy Transition, a renewable energy developer with 3 GWp of project portfolio, has joined hands with Jupiter International Ltd to set up a 1.3 GW per annum solar cell and module manufacturing facility under the government’s production-linked incentives (PLI) scheme.

Servotech Power Systems files patents for energy management technologies

Servotech Power Systems has filed a patent for its technology that enables third-party entities to control load shifting in a battery energy storage system. It has also applied for a patent for its technology to channel renewable energy into BESS effectively.

Genus Power wins smart metering order worth INR 3,121.42 crore

Genus Power Infrastructures’ total order book now exceeds INR 17,000 crore (over $2 billion).

China’s Sunrev plans 20 GW solar cell, module factory

Sunrev says it plans to build a vertically integrated cell and module facility in Xining, in China’s Qinghai province.

Will New Delhi hear the call from solar developers?

Falling solar equipment prices, bulk module orders, and an expansion in domestic solar manufacturing capacity are driving a solar boom in India. The government can add further impetus if it tweaks domestic content rules.

Downward trend for PV module prices losing momentum

If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.

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