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State Bank of India signs €150 million solar loan agreement with Germany’s KfW

The State Bank of India (SBI) has signed the agreement with KfW Development Bank for availing a second low-interest loan of €150 million. It will use the amount to finance solar farms with outputs between 50 and 250 MW.

Most new solar panels retain 80% production after 30 years

A five-year Sandia Labs study on solar module degradation shows that 13 out of 23 tested module types have effective lifetimes exceeding 30 years.

GameChange Solar launches mounting system for east-west oriented solar parks

GameChange Solar designed its new fixed-tilt racking system to maximize module density, with a ground coverage ratio of up to 98%. The systems costs $0.039/W in the United States and $0.029/W in other markets, for a typical 105 mph wind load.

Serentica Renewables secures $400 million from US investor KKR

Currently, Serentica Renewables is developing 1.5 GW of solar and wind power projects for energy-intensive industries in India. Over the medium-term, it aims to install 5 GW of clean energy capacity, coupled with different storage technologies. The investment from KKR will support its industrial decarbonization projects.

New anode material could enable EV battery charging within 10 minutes

Researchers from the Indian Institute of Technology, Gandhinagar, and Japan Advanced Institute of Science and Technology (JAIST) have developed a two-dimensional (2D) anode material for lithium batteries by using nanosheets derived from titanium diboride. They found the new anode material leads to a discharge capacity of 174 mA h/g within 10 minutes at a current rate of 1 A/g.

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India needs $300 billion to meet 2030 target of 500 GW non-fossil energy capacity

A new report by Arthur D. Little presents an integrated blueprint for India to achieve its true potential in the power sector with a focus on renewables.

ISMT to set up 70 MW solar plant for self-consumption

ISMT Ltd, a Pune-headquartered seamless steel tube manufacturer, will set up the 70 MW DC captive solar plant with an investment of up to INR 305 crore ($37.1 million).

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IBC solar modules may drive TOPCon out of market by 2028, says tech expert

Radovan Kopecek, an expert on interdigitated back-contacted (IBC) tech, says that IBC solar panels could capture more than 50% of the global market by 2030, potentially pushing TOPCon products out of competition. He told pv magazine how this transition might materialize and discussed the tech advancements that could make it possible.

New standardized guidelines for solar O&M

IEA-PVPS has standardized guidelines for O&M programs for large-scale solar plants. It defines O&M performance indicators and standard O&M operator services, as well as tools to analyze PV plant performance and safety.

Karnataka attracts massive investments in wind-solar hybrids

Ayana Renewable Power, Azure Power, EDF Renewables India, Sterlite Power, Torrent Power, and Vena Energy have committed investments in wind-solar hybrid projects in the state. 

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