Italy’s EU-made PV incentives raise specter of Chinese opposition
A World Trade Organization (WTO) official and several Italian lawyers recently spoke with pv magazine Italy about the timing of a potential Chinese legal challenge against Italy’s new solar measures, which exclusively provide incentives for high-performance PV modules produced in the European Union.
Sinovoltaics updates financial stability ranking of PV module manufacturers
The latest Sinovoltaics financial stability report ranking lists Tainergy, Eterbright, First Solar, Era Solar, and TSEC as the top five module makers. There was a slight reshuffling in the top ten, and seven new manufacturers were added to the ranking.
India tendered ‘record’ 70 GW of renewables in FY 2024
India invited bids to set up 69.8 GW of renewable energy capacity, far surpassing the annual bidding target of 50 GW. The bidding activity surged due to large-scale potential for market growth, central government support in terms of targets and regulatory frameworks, and higher operating margins.
The Hydrogen Stream: Hygenco to set up green hydrogen, ammonia project at Tata Steel SEZ’s Gopalpur Industrial Park
Hygenco aims to produce 1 million tonnes per annum (MTPA) of green ammonia from its plant at Tata Steel SEZ’s Gopalpur Industrial Park in Odisha. The project’s initial phase is set for commissioning by December 2026.
REC gets RBI nod to set up subsidiary in GIFT City, Gujarat
The proposed REC subsidiary at GIFT City will engage in lending, investment, and other financial services, contributing to the growth of India’s energy sector.
Algorithms to detect underperforming rooftop PV panels
Australian researchers have developed multi-stage algorithms to remotely detect and accurately diagnose underperforming solar panels in residential and commercial PV systems.
NREL interactive chart of solar cell efficiency now including ‘hybrid tandems’
The new cell category includes perovskite/silicon, perovskite/CIGS, III-V/silicon and perovskite/organic tandem PV devices. It will list the absolute record efficiency for all-perovskite, two-terminal tandems regardless of the number of junctions.
Tata Power secures PPA with SJVN for 460 MW renewables-plus-storage project
Tata Power Renewable Energy Ltd will develop a hybrid plant comprising solar, wind, and battery storage components to meet the 460 MW firm and dispatchable renewable power requirement.
Accelerated declines in solar cell prices since late March
In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.
Adani Green Energy revenue up 33% YoY to INR 7,735 crore
Adani Green Energy Ltd (AGEL) also reported its operational capacity grew 35% YoY to 10,934 MW with greenfield addition of 2,418 MW solar and 430 MW wind projects. The company’s renewable energy capacity target is now revised upwards to 50 GW by 2030.
