M10 solar cell prices dive to new record low
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
ADB approves $250 million loan for India’s power sector reforms
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to strengthen the market for power trade and related ancillary services in India, facilitating the integration of intermittent renewable energy. The loan will also enable measures to improve the financial performance, corporate governance, and service quality of electricity distribution companies (DISCOM) and create a conducive environment for private sector investment.
Fostering solar adoption requires a holistic approach
While the benefits of solar adoption are evident, challenges persist. The irregularity of solar power and the lack of efficient storage technologies remain primary concerns. The upfront costs of solar installations, though decreasing, remain a barrier for many. Complex regulations and bureaucratic hurdles often deter individuals and businesses from embracing solar energy. Addressing these challenges demands a concentrated effort.
SECI launches 1 GW renewables, storage tender
Solar Energy Corp. of India (SECI) is inviting bids from developers to supply 1.5 GW of firm, dispatchable power from renewable energy projects with storage systems. The successful bidders will set up RE projects with storage on a build-own-operate basis to supply RE power in a demand-following manner. Bids can be submitted till Jan. 9, 2024.
Imec integrates silicon heterojunction solar cells into curved surfaces
Imec has successfully integrated silicon heterojunction PV cells into curved surfaces, resulting in a 6% efficiency increase compared to passivated emitter and rear contact (PERC) half cells. The cells are suitable for applications in vehicle-integrated and building-integrated PV (BIPV).
Hanwha Qcells shuts down 3.5 GW solar factory in South Korea
Hanwha Qcells has closed its 3.5 GW solar factory in South Korea as part of plans to optimize its PV module production capabilities amid a stagnant domestic solar market.
HPCL lays foundation stone for 100 MW solar project in Andhra Pradesh
Hindustan Petroleum Corp. Ltd will build the 100 MW solar project at Galiveedu for self-consumption.
Sterlite Power wins 8 GW green energy transmission project in Rajasthan
Sterlite Power has secured a transmission project for the evacuation of power from Rajasthan Renewable Energy Zone Phase-IV.
Jakson Green opens office in Dubai
Jakson Green has set up an office in Dubai as it looks to increase its presence in sustainable energy solutions across the Middle East and North Africa (MENA) region. The company said its Dubai office will help it foster closer collaborations with partners and clients in the region.
