Seaborg Technologies, a Danish manufacturer of molten salt nuclear reactors, has turned a technology that was originally developed for nuclear power into a large-scale storage solution for wind and solar. It has developed a storage system that uses renewable energy to heat salt with electrical heaters, based on two-tank molten salt storage designs developed for concentrated solar power plants.
India installed 3,316 MW of non-hydro renewable energy capacity in the third quarter of FY2021-22, compared to just 1,914 MW installed in the same period last year. Out of this, 93% (3,072 MW) came from solar.
All stakeholders are expecting the Indian Renewable Energy Development Agency Limited (IREDA) to expedite and issue letters of award to balance companies that have bid under the production-linked incentive (PLI) scheme for solar. Most players have already acquired land and some have even done the land development work and basic construction in anticipation of the award pending for the last three months.
Ashutosh Verma, founder of solar appliance manufacturing company Exalta India, says the key to increasing the uptake of solar products in rural areas lies in improving the access to finance, infrastructure to retain the technology, and awareness on usage.
BloombergNEF’s Jenny Chase has surveyed the state of affairs in world solar for clean energy journal Joule and said the technology’s historic ability to surmount obstacles – and persistently confound analysts’ predictions – should offer a reason for hope.
Hyundai wants to use a partnership with South Korean PV equipment supplier Jusung Engineering to commercialize solar modules based on 24.45%-efficient heterojunction solar cells.
The Israeli robotic solar cleaning specialist, which has over 3 GW of deployed projects globally, today announced it has bagged an order from global investor Actis for a 150 MW PV project in India.
For real estate developers, now is the best time to install a solar energy system in their projects because solar rebates, tax credits, and incentives are at all-time highs. At the same time, a solar energy system may help them prepare for tomorrow’s specific difficulties while also saving money now.
The State-owned hydropower producer has proposed an investment of INR 50,000 crore (around US$6,683 million) to develop 10 GW of solar power projects in the State in the next five years.
The camper can be driven and parked without the use of a car, is integrated with solar, and optimized for the electric vehicle revolution.
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