Adani Solar top performer for seventh year in Kiwa PVEL’s PV Module Reliability Scorecard
Adani Solar is the only Indian manufacturer to be rated Top Performer for seven consecutive years in PVEL testing for PV module quality and reliability.
World’s largest solar plant goes online in China
China Green Development Group has switched on the 3.5 GW Midong solar project in Urumqi, China’s Xinjiang region. The project required an investment of CNY 15.45 billion ($2.13 billion).
Grid upgrades needed to support Asia Pacific’s renewable energy expansion
A regional grid would allow the region to share excess renewable energy and facilitate the importing of renewable energy to meet domestic decarbonization goals in economies with limited renewable resources.
IEA urges countries to accelerate renewables deployment
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Solar panel import tariffs are affecting the US industry by increasing prices by up to 286%
Clean Energy Associates released a summary of the seven solar module trade policies and solar panel import tariffs currently in place, including AD/CVD rulings, Section 201/302, and the Uyghur Protection Act. These tariffs have significantly increased, or will increase, the cost of hardware imports into the United states – predominantly from China, but not exclusively – by 91% to 286%.
India needs $385 billion investment to meet its renewable energy target: Moody’s
India needs $190 billion to $215 billion for renewables capacity addition and another $150 billion to $170 billion for transmission and distribution in order to meet its RE target of 500 GW by 2030.
Vikram Solar modules top performer for seventh time in PVEL testing
Vikram Solar’s Paradea 108/120/144 half-cut cell modules were recognized as top performers in PVEL testing.
Advait Infratech to expand electrolyzer production capacity to 200 MW per year by 2025
Currently, Advait Infratech’s electrolyzer plant, located in Kadi, Gujarat, has a manufacturing capacity of 120 MW per year.
PVEL releases tenth edition of ‘PV Module Reliability Scorecard’
The independent test lab Kiwa PVEL names 53 manufacturers and 388 models–a record number of Top Performers in the ten-year history of the Scorecard.
ReNew posts profit for fiscal 2024
ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.
