Oyster Renewable Energy has achieved financial closure for its 342 MW solar-wind hybrid power project in Madhya Pradesh by securing a project loan of INR 1,844 crore from Union Bank of India.
Loom Solar has introduced the Fusion 103H three-phase 10kW/48V hybrid inverter combining the functions of a traditional solar inverter and a battery inverter in a single device. The inverter is designed for both on-grid and off-grid use and is suitable for larger homes, commercial buildings, and industries.
The price of silver rose above $44 per ounce this week after gaining more than 30% in six months, with silver expert Philip Newman telling pv magazine it could exceed $50 per ounce next year, raising pressure on PV module makers to curb silver use.
Prime Minister Narendra Modi recently laid the foundation stone of Solar Energy Corp. of India Ltd’s 300 MW AC solar PV project in Andhra Pradesh virtually. The project, located Ramagiri in Sri Sathya Sai district, is SECI’s largest self-owned solar PV installation.
The German mounting system specialist has developed a new vertical ground-mounted system compatible with commercially available framed PV modules.
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.
The introduction of electricity futures (derivatives) marks a significant step forward in modernizing India’s power market. The benefits are numerous: it offers a strong mechanism for hedging against price fluctuations; promotes more transparent and competitive price discovery; and improves overall market efficiency
The Approved List of Models and Manufacturers for solar wafers (ALMM List III) could enable solar manufacturers that establish wafer capacity early to achieve superior margins in FY2029/30, as wafer demand is expected to align with broader market demand thereafter.
Switzerland’s Phenogy has launched a megawatt-hour-scale sodium ion energy storage system at a commercial site near Bremen Airport in northern Germany. With this project, the Swiss manufacturer is making its debut on the European energy storage scene, backed by ambitions to develop fully vertically integrated local manufacturing.
NTPC Green Energy Ltd (NGEL) is inviting Expressions of Interest (EoIs) from global and Indian developers to set up green hydrogen and/or green chemical projects within India’s first National Green Hydrogen Hub at Pudimadaka, near Visakhapatnam, Andhra Pradesh.
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