Study shows symbiotic effect of heat pumps and residential solar
SolarPower Europe says in a new report that households in Germany, Spain, and Italy can more than triple their savings by pairing PV with heat pumps. It said this combination helped families to save between 62% and 84% on their annual energy bills in 2022.
Tata Power Renewable Energy signs 510 MW wind solar PPA with Delhi Discom
Tata Power Renewable Energy has signed a 25-year power purchase agreement with Tata Power Delhi Distribution Ltd for a hybrid renewable capacity of 510 MW (170 MW solar and 340 MW wind).
Vena Energy achieves financial closure for 176 MW wind-solar project in Karnataka
The project comprising 48 MW of solar and 128 MW of wind capacity, is expected to start commercial operation by the end of December.
Thermax enters green hydrogen market in partnership with Australia’s Fortescue Future Industries
Pune-based Thermax has partnered with Australia’s Fortescue Future Industries to explore opportunities for the joint development of fully integrated green hydrogen projects for commercial and industrial customers in India. They also contemplate collaborating on electrolyzer and subsystem manufacturing facilities to support green energy projects in India.
PV product prices resume downward trend, says TrendForce
TrendForce says polysilicon will be 3.2% cheaper in March than in February. This will lead to lower wafer, cell and module prices and will effectively spur installation demand.
Telangana seeks EPC contractors for 50 MW of residential rooftop solar
March 14 is the deadline to lodge an interest in installing and commissioning grid-connected rooftop solar plants in various sizes for residential consumers in the State.
Adani Green commissions world’s largest wind-solar hybrid power plant
Adani Green Energy Ltd has commissioned a 700 MW wind-solar hybrid plant in Rajasthan. With this, its operating renewable portfolio has now reached 8,024 MW, the largest in India.
India Ratings maintains stable outlook for solar projects
The analysts said solar projects continue to have stable operations, adequate debt service coverage, and comfortable internal liquidity. The fall in module prices over the six months ended February 2023 is positive for under-construction projects.
TOPCon shingle solar cell achieves 22.0% efficiency via thermal laser separation
Scientists from Germany’s Fraunhofer ISE and US panel maker Solaria have applied thermal laser separation and post-metallization passivated edge technology to tunnel oxide passivated contact (TOPCon) cell production. They have developed shingle PV devices that are more efficient than cells built with conventional laser scribing and mechanical cleaving methods.
Adani to develop 15 GW of renewable energy projects in Andhra Pradesh
Adani Group has committed to building 15 GW of renewable power projects in Andhra Pradesh, while Reliance announced its 10 GW solar plans for the state. Avaada, Greenko, Indosol, and ReNew have also pledged massive investments into the state’s renewables sector.
