SJVN to pilot membrane-based floating project utilizing Norwegian firm’s technology
SJVN Green Energy Ltd will pilot a 2 MW floating solar project based on Norwegian firm Ocean Sun’s membrane-based floater technology. Once this pilot project succeeds, the two companies will collaborate to deploy this technology on a large scale in the southern part of India.
India’s solar module exports to USA to keep rising till FY 2025
Indian solar module manufacturers will have significant opportunities until July 2024 to sell their products in the USA market. However, their exports to the USA may start stagnating from 2025 and declining from 2027 onwards as the USA develops domestic capacities under its Inflation Reduction Act (IRA), according to a new report by IEEFA and JMK Research.
SPDA rebrands to represent entire energy transition spectrum
The Solar Power Developers Association (SPDA) is now Sustainable Projects Developers Association (SPDA), representing solution providers across solar, wind, hybrid, battery energy storage systems, green hydrogen and green ammonia sectors.
EU solar lobby urges ban on forced labor in solar products
The European Solar Manufacturing Council says that the European Commission should ban all products made with forced labor to ensure the future of the European PV manufacturing sector.
Waaree Renewable Q2 profit surges 124.18% YoY
Waaree Renewable Technologies has reported a revenue of INR 150.06 crore (around $18 million) and a net profit (profit after tax) of INR 18.29 crore for the quarter ending Sept. 30.
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.
