News

A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity. The global weighted average levelized cost of electricity (LCOE) for PV is now 29% lower than the cheapest fossil fuel alternative.

Bangladesh has approved more than 1.5 GW of solar projects over the past seven months, with recent developments including tariffs for 200 MW in November and 310 MW in October.

Polysilicon prices fell by as much as 0.63% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).

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.

In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding.

The solar industry growth has accelerated the demand for wires and cables in India. Since solar cables are key in transmitting power from the PV panels to the system, it is essential to invest in the best-suited type of solar cable that meets stability and safety norms.

A new report by TERI recommends measures to develop large-scale pumped storage plants in India. It also traces the growth and status of pumped storage hydro plants in India and the world.

Scientists in Iraq have applied two different kinds of phase-change materials to lower the operating temperatures of PV panels. Their experiment showed that beeswax and paraffin wax are particularly effective in achieving this goal, even when they are combined together.

Profils Systèmes, a French aluminum carpentry specialist, has developed Wallis&Energy, a new solar veranda that is designed to integrate seamlessly into existing buildings and new structures.

The International Solar Alliance’s Global Solar Facility (GSF) includes payment guarantee, insurance and investment fund components to catalyze solar investments in underserved geographies.