News

Land has already been identified for the solar park in Kaza town of Lahaul and Spiti district. State-owned Satluz Jal Vidyut Nigam Ltd is developing the solar park.

Use of the term “circular economy” is growing in virtually every industry worldwide – solar included. As noted throughout Q3, in the UP initiative’s focus on circular manufacturing, work is already underway to integrate circular principles into all areas of business, from internal operations and supply chain management to manufacturing and installations. In a recent analysis of PV recycling, BloombergNEF detailed six conclusions for the solar industry and those who are trying to make it more circular. Cecilia L’Ecluse, solar associate, and Julia Attwood, head of advanced materials at BloombergNEF share these conclusions as part of our quarterly theme on PV module recycling.

The nation has earned the highest score of 62.7 in terms of attractiveness for solar PV investment and deployment in the latest ranking of top 40 countries by Ernst & Young.

The analyst said currently, India and Australia are the only Asia Pacific countries where renewable power already costs lower than new-build coal. It predicted the trend would spread to the entire region by the end of the decade, while India and Australia would see renewables becoming further cheaper than coal.

According to a new report by BloombergNEF, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.

Manufacturers have until December 4 to bid for the supply of 286,000 multicrystalline silicon solar cells using five bus bars. The cells are required in the peak power rating of 4.62W (10,000 quantities), 4.67Wp (60,000) and 4.72Wp (216,000).

The solar installation in India is making a slower-than-expected recovery as Covid-related disruption continues to hurt construction progress. Safeguard duty extension and module price increase have added to the pain.

A recent SECI auction secured the lowest bid of INR 2/kWh, 15% lower than the INR 2.36/kWh record-low winning bid by Spanish developer Solarpack in a 2 GW auction previously.

With an additional investment of INR 33.17 crore, Exide Industries’ shareholding in the joint venture company has increased by 2.28% to 80.15% of the paid-up equity share capital.

The three-day event will connect the global investment community with Indian renewable energy stakeholders. It is expected to be attended by over 75 international ministerial delegations, over 1000 global industry leaders, and 50,000 delegates.