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An international research group claims that raw materials and land availability do not present a real barrier for a global energy system with solar at its center. They said that forecasts for PV growth should not have their axis on utility-scale power plants and instead consider vertical PV, agrivoltaics, and floating PV as the source of future big market volumes.

The budget signifies the government’s intent to drive domestic manufacturing of lithium battery cells as it waives customs duty on the import of machinery required for manufacturing these cells. It also continues with nil customs duty on critical inputs for solar manufacturing. The budget also aims to support large-scale battery storage projects through viability gap funding.

The Mumbai-headquartered natural resources company will invest INR 444 crore ($54.23 million) in 691 MW of renewable energy projects to power its aluminum, copper and oil & gas operations across India. It will implement these captive projects through special-purpose vehicles formed with Serentica Renewables.

UK scientists have discovered that second-life batteries could provide a lower levelized cost of electricity (LCOE) than conventional batteries in school buildings equipped with PV in East African schools. They said the cheapest system configuration uses either 7.5 kW or 10 kW of solar with 20 kWh of storage.

Form Energy will install two 10 MW / 1,000 MWh batteries on the sites of Xcel Energy’s former coal-fired plants.

Rays Power Infra has signed an agreement with the Rajasthan government to build a 1.8 GW solar park in the state with an estimated investment of INR 9,140 crore.

Electric vehicles (EV) sales in India soared 212% year-on-year to surpass one million mark in 2022.

State-run hydropower producer THDC has formed a 74:26 joint venture with Rajasthan Renewable Energy Corp. Ltd to develop 10 GW of renewable energy projects in Rajasthan. The JV partners also plan floating solar and pumped hydro storage projects in the state.

Gujarat-based Borosil Renewables has started trial production from its third solar glass furnace, raising its capacity in India to 1,000 tons per day (tpd). Its cumulative solar glass capacity has reached 1,300 tpd, which includes 300 tpd in Germany added through the acquisition of Interfloat Group.

Spanish PVT specialist Abora Solar has developed aH72SK modules, which combine solar panels with power conversion efficiencies of 17.8% and a thermal efficiency rating of around 70%. Its total area is 1.96 square meters.