Fortum sells stake in 185 MW Indian solar portfolio
Fortum has signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India. Post divestment, the company still has EV charging services and a renewables development portfolio with projects at different stages in India.
Wall-mount hybrid inverters from VSole
Indian manufacturer VSole has introduced single-phase hybrid inverters in power output ratings of 3 kW to 6 kW. The inverters allow uninterrupted power to the connected loads with a UPS-level switching time of 4 ms.
New metallization tech for HJT solar cells minimizes silver use, increases efficiency
German research institute Fraunhofer ISE has unveiled a new metallization process for heterojunction solar cells that reportedly increases power conversion efficiencies by over 0.1% while reducing silver consumption. A device built with the new technique achieved an efficiency of 23.2%.
Microsoft announces largest corporate procurement of renewables
Microsoft has signed on for 10.5 GW of renewable energy with Brookfield Renewable Partners. The projects might cost more than $11.5 billion to build, according to BloombergNEF.
New water circulation tech promises lower PERC solar cell manufacturing costs
A German team developed models to illustrate water-saving potential in PERC silicon solar cell manufacturing based on a circular approach and commercially available technology. In the case of a 5 GW fab, water savings of up to 79% and wastewater discharge reductions up to 84% could be achieved, a “significant” improvement compared to a reference scenario.
SunSource Energy commissions solar power project for CtrlS
SunSource Energy is supplying clean power to the Noida Data Center of CtrlS from its open-access solar power plant in the Jhansi district of Uttar Pradesh.
Vikram Solar wins 250 MW module supply order from GIPCL
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.
Declining battery costs to boost adoption of battery energy storage projects: ICRA
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 installed 15 GW of solar capacity in FY 2024: CEEW-CEF
India added 18.5 GW of renewable energy generation capacity in FY 2024, comprising 81% (15 GW) from solar (grid-scale and rooftop).
Solar bloodbath: Titans clash in ruthless price war
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.
