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.
Gensol wins 62 MW solar PV project from MAHAGENCO
Gensol Engineering Ltd will install and commission a 62 MW AC grid-interactive solar PV project along with the associated power evacuation system up to the designated substation in Maharashtra. The scope also includes five-year operation and maintenance support. The total project value is INR 302 crore (over $36 million).
Sterling and Wilson Renewable Energy reports spike in EPC orders
Sterling and Wilson Renewable Energy reported that it secured EPC orders worth INR 2,640 crore ($317.21 million) in Q2 FY 2024. This is around 467% up from order inflows in Q1 FY 2024.
Hong Kong researchers develop inverted perovskite solar cell with 25.6% efficiency
The research team said the cell also achieved remarkable thermal stability, as it was able to retain 90% of its original efficiency for over 1,000 h. The device uses a self-assembled monolayer to stabilize the interface between the perovskite absorber and the hole transport layer.
Israel temporarily waives 600 KWh energy storage permits due to war
The Israeli planning regulator says that some storage facilities will not need permit approvals over the next 18 months.
NTPC, Engineers India Ltd sign MoA for green hydrogen and green ammonia
NTPC’s R&D center NETRA and Engineers India Ltd (EIL) will collaborate in carbon capture utilization and storage (CCUS), green hydrogen, and green ammonia.
Husk Power secures $100+ million to fund new solar minigrids in Africa and South Asia
Husk Power Systems (Husk) has raised over $100 million in equity and debt to fund its new solar minigrid projects in South Asia and Africa. The company said the new capital would support 1,400 new minigrids, around 300,000 new connections, and avoid 350,000 tonnes of CO2 from the displacement of diesel generation while adding 2,500 new direct jobs.
Europe may go back to ‘normal’ inventory levels by June 2024
pv magazine recently spoke with Bartosz Majewski, CEO of Menlo Electric, a Poland-based solar distributor operating in Europe, about high inventory levels of solar panels in Europe.
