News

CubicPV says it plans to establish 10 GW of conventional mono wafer manufacturing capacity in the United States, driven by incentives in the US Inflation Reduction Act. The wafers could fill a void in the domestic supply chain and create 1,500 new direct jobs.

The developer won 200 MW solar capacity at a tariff of INR 2.75 ($0.034)/kWh with an additional 200 MW under green shoe option at INR 2.71 ($0.033)/kWh through competitive bidding followed by an e-reverse auction.

ISS ESG, the responsible investment arm of Institutional Shareholder Services, has placed Adani Green Energy Ltd (AGEL) in the ‘Prime’ B+ band for its high level of transparency

Jordanian researchers have developed a method using acrylic sheets to reflect and absorb unused solar radiation in PV power generation. The solution has the potential to decrease solar panel temperature by more than 14% and increase power yields by approximately 2%.

The state-owned hydropower producer has signed a memorandum of understanding (MoU) with the Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects across hydro, pumped storage, wind, solar, hybrid, and green hydrogen technologies in Maharashtra.

New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.

Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones. 

French floating PV specialist Ciel & Terre says it now has more than 1.5 GW of floating PV projects in the design phase or under construction. It has already completed 280 floating solar projects in more than 30 countries, totaling 820 MW.

First Solar has announced a limited production run of the “world’s first” bifacial solar panel with a cadmium telluride (CdTe) semiconductor. The pre-commercial Series 6 Plus Bifacial module is making its debut this week at Intersolar Europe in Munich, Germany.

In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.