Vikram Solar will manufacture and supply bifacial PV modules for Gujarat Industries Power Co. Ltd’s project at the RE Park in Khavda village in Gujarat.
Battery prices reached an all-time low in 2023 led by the moderation in raw material prices amid the increase in production across the value chain
India added 18.5 GW of renewable energy generation capacity in FY 2024, comprising 81% (15 GW) from solar (grid-scale and rooftop).
The ongoing price war between top global suppliers could catalyse more competitive solar panel pricing in the Indian market, potentially leading to an increase in solar adoption at both the commercial and residential levels.
Avaada Energy has secured about INR 1,190 crore ($143 million) as a 20-year project loan facility from State Bank of India (SBI). It will use the financing to support the development of its 400 MWp utility-scale solar PV power project in Gujarat.
Researchers in Spain has found that combining PV power generation with fuel cells and battery storage may help homes considerably reduce their levelized cost of energy. Their simulation reportedly demonstrated homes may also become completely self-sufficient.
Norwegian Ship Design Co. has agreed to help build what it claims will be the two largest hydrogen ships in the world, while Norwegian Hydrogen has announced plans to team up with Australia’s Provaris Energy on hydrogen export opportunities.
SJVN is accepting bids to develop 1.2 GW of solar power projects, connected to the interstate transmission system, anywhere in India. Bidding closes on June 17.
The Asian Development Bank (ADB) says a new 100 MW solar project in Bangladesh will be the country’s first private sector utility-scale PV facility to secure ADB support.
Indian manufacturer Statcon Energiaa has introduced a single-phase grid-tie solar inverter with a power rating of 3 kW. The inverter is intended for residential and small office applications.
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