Saudi Arabia’s second PV tender draws world record low bid of $.0104/kWh
The record low price was offered for the 600 MW Al Shuaiba PV IP project, which competed in the second round of the country’s procurement scheme for renewable energies.
Cabinet extends manufacturing incentive program to solar modules
The national production-linked incentive scheme introduced to encourage domestic manufacturing will now encompass solar. The PV policy will offer increased rewards for the production of more efficient panels and for Indian content.
Waaree Energy Storage System secures seed funding of US$2 million
The energy storage manufacturer will use the funds to expand its manufacturing capabilities, and aid product development with emphasis on smart Internet of Things (IOT) based batteries and telematics.
Unsigned PPAs halting India’s renewable energy growth
Nearly 19 GW of renewable energy capacity tendered by the Solar Energy Corporation of India (SECI) is on hold due to electric distribution companies’ unwillingness to sign the power purchase agreements. Manufacturing-linked solar projects alone account for a 63% share of the capacity in limbo.
Reliance Industries and US-based Chart Industries to lead India hydrogen alliance
Global and Indian industry players have created an India hydrogen alliance committed to building a hydrogen economy and supply chain in India. NYSE-listed hydrogen solutions provider Chart Industries and India’s Reliance Industries will act as co-leads of the coalition that aims to help develop hydrogen production and storage, industrial and transport use-cases.
Tata Power and Social Alpha invest in energy analytics startup ‘Urja’
The startup has developed an industrial Internet of Things-enabled sensor and analytics solution that allows manufacturing and power industries to track device-level energy wastage in real time.
Azure Power sells 152 MW solar rooftop portfolio to Radiance Renewables
The New Delhi-based developer has agreed to sell its 152 MW of solar rooftop portfolio for INR 536.5 crore (US$ 73.5 million) as it focuses on capital discipline and improving shareholder returns.
Managing solar PV waste in India
A new report compares the European Union and Indian regulatory frameworks for managing end-of-life solar panels. It also assesses and analyses the PV waste market and processing capacities in India and shares recommendations for the Indian stakeholders.
India’s case for linking rooftop solar with storage and EVs
A new report says that combining rooftop solar with storage presents an enormous opportunity for India as the combination becomes economically viable soon. It highlights the best practices from Australia—a nation with the world’s highest rooftop solar capacity per person—to serve as a guide in planning for this integration.
Axitec releases 540 W solar panels
German solar manufacturer Axitec has revealed plans to start selling its new half-cut PV modules from the second quarter. It manufactures the panels with 182 mm wafers.
