News

The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.

Indian developer Amp Energy has secured up to $250 million in growth capital from Japan’s Sumitomo Mitsui Banking Corp. (SMBC), UK’s Intermediate Capital Group (ICG), and China’s Asian Infrastructure Investment Bank (AIIB).

Maruti Suzuki India has started building a new 20 MWp solar plant at its Manesar factory and a 1.85 MWp capacity at R&D Centre, Rohtak. 

New research shows that floating PV plants may have superior generating capabilities compared with ground-mounted PV plants in several areas of Bangladesh. Furthermore, the study indicates that floating arrays in the country may reach a levelized cost of energy ranging from $0.0341/kWh to $0.0486/kWh depending on the location.

The state-owned power producer is seeking consultants to evaluate the feasibility of developing floating solar PV plants on reservoirs of different States and union territories in India. 

Chinese manufacturer Akcome has released a new line of heterojunction solar panels with a nominal power capacity ranging between 710 W and 730 W and a conversion efficiency of 22.80% to 23.50%.

Scientists in Belgium are exploring the potential of recycled silicon in solar modules at the end of their life cycle for reuse in low-cost, higher-energy-density storage technologies. They claim EV batteries using this silicon may allow faster recharging and travel longer distances on a single charge.

NHDC is constructing a 525 MW pumped storage power project near Indira Sagar Dam to meet the peak-hour energy demand of Madhya Pradesh.

The Central Electricity Authority recently approved a 1.35 GW pumped storage project in Andhra Pradesh in a record time of 70 days.

DEWA said it will announce the preferred bidder for the 1,800 MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park in the third quarter of this year.