News

The green bond issuance was over-subscribed around 3.5 times from 161 investors.

In its latest monthly column for pv magazine, the International Renewable Energy Agency shares a series of recommendations gathered from sector experts to help India reach its ambitious solar targets. According to its experts, Quality Infrastructure (QI) will be crucial for the country’s PV market in the years to come. QI is an interdependent ecosystem of the different elements (accreditation, certification, standards, testing, metrology, inspection & monitoring) working together in harmony, and all associated services should be developed in unity and not in a piecemeal fashion. A sound and internationally harmonized QI not only ensures that PV products and services deliver as expected by customers and national energy authorities, but also enables more efficient and competitive markets based on a global economy on scale.

The Renewable Energy Test Center (RETC) raised the issue of ultraviolet-induced degradation of the trending technology in its PV Module Index 2022.

Global Energy Alliance for People and Planet (GEAPP) and Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) have signed a Memorandum of Intent (MoI) to implement 1 GW of solar projects across Maharashtra.

Solar Energy Corp. of India, NTPC, and NHPC would examine developers’ requests for an extension to their solar and wind-solar projects on a case-by-case basis. The extension would be granted only if the developer has taken all possible measures to implement the project (such as land acquisition and order for module/balance-of-system supply) but couldn’t complete it for reasons beyond his control.

Indian scientists have built a four-terminal silicon-perovskite solar cell that uses a top perovskite device with an efficiency of up to 17.1%. The top cell incorporates a room-temperature sputtered transparent conducting electrode (TCE) as a rear electrode.

Gayatri Dadheech, chief technology officer at Exide Industries Ltd, told pv magazine their first-phase 6 GWh lithium-ion cell manufacturing capacity in India would become operational by December next year and will produce lithium ferro phosphate (LFP) and nickel-manganese-cobalt (NMC) cells. The following 6 GWh, targeted by 2027, could be based on advanced lithium-ion, solid-state, or other battery technology.

Thin-film technologies have long promised to make a major impact on the solar industry but have largely been constrained to niche applications and research labs if they were not shredded by the market. After several false starts, current trade dynamics and promising research programs may help solar thin films find their place in the sun.

US President Joe Biden’s two-year halt on solar import tariffs is designed to create a bridge of supply as the United States ramps up its domestic manufacturing capacity.

Adani Green Energy has reported a profit after tax of INR 973 crore in FY 2022-23, almost 100% up from INR 489 crore in FY 2021-22.