Global average solar LCOE stood at $0.043/kWh in 2024, says IRENA
The International Renewable Energy Agency’s latest report finds little change in the global average levelized cost of electricity for utility-scale solar plants year-on-year, while the global average total installed cost of utility-scale solar projects fell by 11%.
Just 3% of India’s 2032 wind and solar target can power its entire EV fleet: Ember
Reliably meeting EV charging requirements from renewables requires demand-shifting mechanisms like time-of-day tariffs in conjunction with infrastructure improvements.
India’s auto industry can cut emissions by 87% through green electricity, low-carbon steel: CEEW
India’s automobile industry can cut its manufacturing emissions by up to 87% by 2050 with a shift to 100% renewable energy, green steel, and partnerships with suppliers to cut emissions, finds a new study by the Council on Energy, Environment and Water (CEEW).
Exide Industries infuses INR 100 crore into lithium battery arm
Exide Industries Ltd has invested an additional INR 100 crore in its lithium-ion battery arm, Exide Energy Solutions Ltd (EESL), through equity subscription.
Solar module prices on a clear downward trend
PV module prices have fallen by around 5% to 8% across all technology classes in recent weeks. says Martin Schachinger, the founder of pvXchange.com. This means that prices are moving strongly back toward the level we saw at the beginning of the year, which can only be described as unhealthy for module producers.
JK Srivastava Group, Hynfra join forces to build $4 billion green hydrogen and ammonia hub in Andhra Pradesh
JK Srivastava Hynfra has signed a memorandum of understanding with NREDCAP to develop a green hydrogen and ammonia hub with a capacity to produce up to 1 million tons of green ammonia annually, powered by 3 GW of solar and wind energy. Operations are expected to begin in early 2029.
German battery storage hits 22.1 GWh in H1
Germany’s battery storage capacity is rapidly expanding, nearing 2 million installations by the end of the first half of 2025.
Reliance to begin solar cell production in Q3
Reliance Industries Ltd (RIL) is set to commission its solar cell manufacturing facility in the next quarter, achieving a significant milestone in its goal of building a fully integrated solar manufacturing value chain in Jamnagar, Gujarat.
U.S. solar projects face development crunch while Canada says “Build, baby, build”
Solar developers prioritize advanced-stage projects in the U.S. due to tightened tax credit deadlines, while projects in Canada are “full speed forward.”
China’s upstream solar market signals strong price gains amid government intervention
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.
