NHPC records its highest-ever half-yearly net profit
The state-owned hydropower producer, which has also diversified into the field of solar and wind power, has reported a net profit of INR 2,483 crore ($307 million) for the half-year ended Sept 30, 2022–a 12% jump year-on-year.
International Solar Alliance launches innovation challenge in Africa
SolarX Grand Challenge aims to promote entrepreneurship and innovation and discover local solutions to meet the energy gap through solar energy solutions in the African region.
SJVN wins 83 MW floating solar project in Madhya Pradesh
The state-owned hydropower producer won the 83 MW floating solar project at a tariff of INR 3.70 ($0.046)/kWh, in a competitive auction conducted by REWA Ultra Mega Solar Ltd.
Addressing challenging terrains; optimizing production
Faced with undulating terrains, solar PV companies are leveraging modern technologies to achieve terrain flexibility across challenging sites to deliver unmatched efficiency improvement and bring production gains to solar projects.
GR Promoter Group forms green hydrogen JV with Spain’s H2B2
India’s GR Promoter Group has entered the green hydrogen market in a joint venture with Spanish hydrogen technology solutions provider H2B2. The JV will manufacture water-based electrolyzers and develop green hydrogen production plants based on off-taker agreements.
Hydrogen-producing rooftop solar panels nearing commercialization
KU Leuven researchers have developed rooftop panels that capture both solar power and water from the air. Like traditional PV modules, hydrogen panels are also connected, but via gas tubes instead of electric cables. The researchers are now preparing to bring the tech to the mass market via a spinoff company.
Erisha partners Germany’s Greenbox for green hydrogen business
Erisha E Mobility has formed a joint venture with Greenbox to manufacture a range of green hydrogen solutions by leveraging technologies developed by Greenbox.
GEAPP, ISA sign $10 million grant agreement to boost solar deployment
The Global Energy Alliance for People and Planet (GEAPP) has signed a $10 million grant agreement with the International Solar Alliance (ISA) to boost the deployment of solar energy in developing countries.
Gautam Solar launches 450 Wp M10 module for rooftops
The Indian manufacturer has introduced 450 Wp mono PERC modules for rooftop installations. The modules feature 120 half-cut cells based on an M10 wafer and offer a power conversion efficiency of up to 21.28%.
India saved $4.2 billion in fossil fuel costs due to solar generation in H1
A new report says solar generation helped seven Asian countries avoid $34 billion in fossil fuel costs in the first half of 2022. The majority of these savings were in China ($21 billion). Japan avoided $5.6 billion in fossil fuel costs and India saved $4.2 billion.
