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Markets & Policy

Govt to launch scheme for livelihood applications of distributed renewable energy

India’s power minister said the government will create a large program for distributed renewable energy livelihoods, like rooftop solar and solar irrigation schemes. 

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Green hydrogen market could hit $850 billion in 2050

Research outfit Rethink Energy says the green hydrogen market could reach $850 billion in value by 2050.

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NLC seeks QCA services for 1.4 GW of solar and wind plants

NLC India Ltd is looking to engage a qualified coordinating agency (QCA) for its 1.4 GW of solar and wind power plants at various places in Tamil Nadu. The QCA will maintain the transmission of plant-level data and other required data to the state load dispatch center (SLDC), besides providing other services.

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Tongwei led global polysilicon capacity in 2022, says Bernreuter Research

The world’s top four largest polysilicon producers in 2022 were Chinese companies, led by Tongwei with 345,000 metric tons (MT), followed by GCL Technology, Daqo, Xinte, and Wacker Chemie.

Polysilicon prices preserve downward trend, weighed down by supply factors

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.

Govt panel outlines electricity market roadmap

A power ministry-constituted panel on electricity market development in India has proposed a market-based mechanism for secondary reserves, power purchase agreements (PPAs) of 12-15 years duration, and 5-minute metering, scheduling, dispatch, and settlement.

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IndiGrid to acquire Virescent’s 538 MWp solar portfolio

Post this acquisition, IndiGrid’s overall solar assets portfolio will reach 674 MWp.

New leaders emerge in India’s 2022 solar market

Mercom’s latest report says the Indian solar sector saw significant changes in the players’ market share in 2022—a year heavily impacted by policies like basic customs duty on cells and modules and Approved List of Models and Manufacturers.

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First Solar acquires Swedish perovskite specialist Evolar

First Solar has agreed to pay $38 million to buy Swedish manufacturing startup Evolar AB, as it seeks to expand development of high-efficiency tandem PV tech.

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All major ports should switch to over 90% renewable energy by 2047, say new guidelines

The recently issued green port guidelines emphasize using clean energy in port operations and developing port capabilities for storage, handling, and bunkering of greener fuels such as green hydrogen, green ammonia, and green methanol.

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