Saatvik Green secures solar EPC contract for a cement major in Karnataka
Saatvik Green Energy has secured a complete solar EPC contract for an 8.08 MW DC (6.5 MW AC) solar power project in Karnataka.
Asia leads charge in renewable energy growth
IRENA’s report Renewable Capacity Statistics 2023 shows that in 2022, Asia accounted for nearly 60 percent of the worldwide increase in renewable energy generating capacity, resulting in a total of 1.63 Terawatt (TW) of renewable capacity by year end. A huge part of this increase occurred in China.
US green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte
By 2050, the practice of using renewable energy to electrolyze water and create hydrogen fuel may reach a global market of well over $1 trillion USD.
India remains world’s most attractive solar market
India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index.
Global rooftop PV additions soar by 50% to 118 GW in 2022
The world installed 239 GW of new solar capacity in 2022, according to SolarPower Europe. The rooftop PV segment accounted for 49.5% of additions – the highest share in the past three years. The rooftop sectors in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.
PPA prices falling across Europe, says Pexapark
Pexapark says power purchase agreement (PPA) prices are falling in Europe, with prices in Spain and Portugal down by 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively.
India’s Cliantech Solutions to supply and execute 600 MW turnkey solar panel production line in UAE
Cliantech Solutions will supply and execute 600 MW turnkey PV panel production line for Dubai-based Magnus Green Solar.
Form Energy to deploy 100-hour iron-air battery system in US
US utility Georgia Power has more than 850 MW of active energy storage projects under development or in operation across its service territory.
India installed third most solar capacity in the world in 2022
India installed an impressive 17.4 GW of new solar capacity in 2022, retaining its third spot in annual PV capacity addition globally.
Research shows polycrystalline panels from 11 different producers degrade more than warranty rate
A research group in Ghana has conducted a series of tests to assess the performance of polycrystalline solar modules in PV systems operating in their home country for at least 5 years. They found that the vast majority of the panels may ‘fail’ before 20 years in operation under outdoor conditions.
