India’s solar module exports to USA to keep rising till FY 2025
Indian solar module manufacturers will have significant opportunities until July 2024 to sell their products in the USA market. However, their exports to the USA may start stagnating from 2025 and declining from 2027 onwards as the USA develops domestic capacities under its Inflation Reduction Act (IRA), according to a new report by IEEFA and JMK Research.
Solar module prices dive to record low
In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.
Adani Energy Solutions commissions transmission project backing 2.5 GW of renewables
Adani Energy Solutions Ltd (AESL) has commissioned a transmission project in Tamil Nadu for evacuation of up to 2.5 GW of green power produced in the region. This project will provide industrial, commercial, and residential consumers with enhanced access to reliable and clean energy in Tamil Nadu.
Ciel & Terre India completes 10.765 MWp floating solar project at Tata Steel Jamshedpur
Ciel & Terre India has completed a 10.765 MWp floating solar plant for Tata Steel in Jamshedpur, Jharkhand. The project utilizes 19,936 units of ‘made in India’ Hydrelio aiR 1440 floats.
Tata Power Renewable Energy, Mukand Ltd sign power delivery agreement for 43.75 MW AC solar plant
Tata Power Renewable Energy Ltd (TPREL) will deploy a 43.75 MW AC solar plant for consumption by Mukand Ltd, a Bajaj Group company and a manufacturer of specialty steel long products and heavy machinery in India.
SPDA rebrands to represent entire energy transition spectrum
The Solar Power Developers Association (SPDA) is now Sustainable Projects Developers Association (SPDA), representing solution providers across solar, wind, hybrid, battery energy storage systems, green hydrogen and green ammonia sectors.
USA: Peak Energy to set up domestic market for sodium-ion batteries
Sodium-ion energy storage system manufacturer, Peak Energy, is working to streamline what it believes is the biggest bottleneck to scaling enough battery energy storage systems to accommodate 80% renewable energy generation and 100% carbon-free electricity in the United States by 2035.
EU solar lobby urges ban on forced labor in solar products
The European Solar Manufacturing Council says that the European Commission should ban all products made with forced labor to ensure the future of the European PV manufacturing sector.
Waaree Renewable Q2 profit surges 124.18% YoY
Waaree Renewable Technologies has reported a revenue of INR 150.06 crore (around $18 million) and a net profit (profit after tax) of INR 18.29 crore for the quarter ending Sept. 30.
Fraunhofer ISE presents silicon carbide string inverter for medium-voltage applications
Fraunhofer ISE researchers claim the new silicon carbide inverter is technically able to handle voltage levels of up to 1,500 V at 250 kVA in utility scale solar power plants.
