The hail storms that occurred recently in northern Italy damaged several photovoltaic systems. pv magazine Italy retrieved a report from the Vrije Universiteit Amsterdam from 2019 which tried to shed light on the damage caused to solar installations by hail by analyzing the effects of a severe hailstorm that occurred in the Netherlands in 2016. According to their assessments, damages to PV modules are mostly derived from hailstones of at least 3 cm in diameter.
Adani Green Energy recorded a consolidated net profit of INR 323 crore ($39.3 million) for the April-May-June period of 2023.
The 400 MW wind-solar hybrid project will supply clean electricity to commercial and industrial customers, including Hero MotoCorp, Hindalco Industries, Larsen & Toubro, and MG Motor, amongst others.
The state-owned power generator reported a net profit (profit after tax) of INR 4,066 crore ($494.34 million) in the April-May-June period of FY 2023-24.
Rays Power Infra has secured the engineering, procurement, and construction contract for a 283 MW DC solar PV project in Karnataka.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
The German authorities have announced plans to double domestic electrolysis capacity to 10 GW by 2030, BloombergNEF has reported that green hydrogen became competitive with gray hydrogen earlier than expected, and Chinese researchers have presented new research on microbial hydrogen production.
GCL-Si says it has commissioned a new 20 GW solar cell factory that will supply n-type TOPCon cells to its module facilities in Hefei, Anhui province, and Funing, Jiangsu province.
Adani New Industries Ltd has raised a trade finance facility of $394 million from Barclays and Deutsche Bank, securing the working capital requirements of its integrated solar module fab.
Servotech Power Systems has launched Techbec Green Energy to produce EV charger components and lithium-ion batteries. The new unit will have a 40,000 sq.ft. manufacturing facility in Haryana.
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