Eleven solar parks aggregating 8.521 GW have been completed and seven solar parks totaling 3.985 GW partially completed under the Ministry of New and Renewable Energy’s scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects.”
Larsen & Toubro has secured contracts to implement advanced distribution SCADA and HVDC transmission lines.
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
Germany’s Fraunhofer Institute for Applied Solid State Physics (IAF) has developed an ultra-efficient circuit topology for voltage converters with an electrical efficiency of 99.74%. The tech could considerably raise the coefficient of performance for electrocaloric heat pumps and the scientists are now considering components based on semiconductor gallium nitride (GaN) for higher power density and efficiency.
Meyer Burger plans to start a 2 GW cell factory in Colorado in the fourth quarter of this year.
The integrated power utility has collaborated with Siemens to develop the electric vehicle (EV) charging network. It has set up four EV charging stations in the Ahmedabad district of Gujarat initially and plans to cover more cities in the future.
Germany installed more than 1 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 73.8 GW at the end of the first half of this year.
Juniper Green Energy will use the amount to fund its upcoming 1.2 GW of renewable energy projects.
Sarcos Robotics and Terabase Energy recently announced key business developments, underscoring how installation robots are increasingly moving from test centers to the field.
Avaada Energy will supply solar power at a tariff of INR 2.61 ($0.032)/kWh, the highest among all winners of the auction.
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