SEG Solar signs land deal to make solar cells, wafers, modules in Indonesia
SEG Solar has secured a land-use agreement for a solar-focused manufacturing site in an industrial zone on the Indonesian island of Java. The $500 million plan will involve the production of 5 GW of silicon wafers, 5 GW of solar cells, and 5 GW of PV modules.
ReNew secures $1 billion from European bank Societe Generale
Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.
The Hydrogen Stream: India extends bidding for second round of electrolyzer incentives
Manufacturers now have until May 31 to submit bids for setting up electrolyzer manufacturing capacities in India under the second round of the government’s Strategic Interventions for Green Hydrogen Transition (SIGHT) program.
India to add more than 15 GW of renewable energy capacity annually in FY 2025 and FY 2026: India Ratings
India Ratings and Research expects India to maintain pace of renewables capacity addition owing to a significant drop in equipment prices, continued policy support, availability of liquidity, and investment plans of some of the large corporate players.
Sinovoltaics charts growth of PV manufacturing in India
The latest supply chain report from the Hong Kong-based technical compliance and quality assurance company covers India, providing information about current and planned capacity at 116 manufacturing plants.
Siemens to demerge energy business into separate listed entity
Siemens Energy India will provide solutions across the entire energy value chain – from power and heat generation, transmission to storage.
Indian scientists design lead-free perovskite solar cell with 23.61% efficiency
Developed through bandgap engineering and material design, the proposed PV device relies on a tin-based perovskite material known as CsSnI3-xBrx. It can reportedly be further designed to achieve power conversion efficiencies exceeding 24%.
Techno-economic feasibility of hydrogen storage in hydro-dominated countries
Scientists have investigated different techno-economic scenarios for using hydrogen storage in combination with hydropower and pumped hydro storage in Switzerland. They have found that hydrogen storage plays no major role under most conditions.
Coal share in India’s installed power capacity drops below 50%
Coal’s share (including lignite) in India’s total installed power capacity dropped below 50% in the first quarter of 2024. This is well ahead of the Government’s target to establish 50% cumulative power generation capacity from non-fossil fuel-based sources by 2030.
Navigating the future of hydrogen
Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.
