US solar industry calls for domestic content rules to support manufacturing
A recent report from the Solar Energy Manufacturers for America Coalition (SEMA) shows that with stronger support in the early stages, US module manufacturers would rely less on imports from Chinese-owned companies for materials.
Husk Power secures $20 million in debt financing from European Investment Bank
Husk Power will use the fund for the construction of community solar minigrids in Nigeria, installation of rooftop solar for commercial & industrial (C&I) customers, expansion of appliance sales to households and small businesses, and the scaling of value-added services such as agro-processing and e-mobility.
IRENA says global solar capacity rose by 345.5 GW in 2023
The International Renewable Energy Agency (IRENA) says developers installed 345.5 GW of solar throughout the world in 2023. China mainly drove the surge, accounting for nearly three-quarters of all new renewable energy, but IRENA says more equitable growth will be needed to hit 2030 deployment targets.
India added 20.8 GW of solar module, 3.2 GW of cell manufacturing capacity in 2023, says Mercom
India’s cumulative solar module manufacturing capacity reached 64.5 GW and solar cell capacity 5.8 GW as of December 31, 2023.
Luminous opens solar panel factory in Rudrapur
The fully automated solar panel plant with a production capacity of 250 MW is expandable up to 1 GW nameplate capacity.
JA Solar supplies n-type modules for PV project in Bangladesh
JA Solar has started shipping its DeepBlue 4.0 Pro n-type solar modules for a 48 MW PV project in Bangladesh.
India at the forefront of leading the APAC region towards net zero, says a new study
Global management consultancy Kearney surveyed nearly 1,000 business leaders across diverse industry sectors in the Asia Pacific (APAC) region to find how the region is faring in its sustainability efforts and explore the trajectory of sustainability. The study report indicates India’s relatively healthier pace of progress towards global net zero targets than other APAC countries surveyed.
Gensol Engineering appoints CEO for Middle East solar EPC business
Gensol Engineering Ltd has appointed Kapil K Nirmal as the chief executive officer for its solar EPC business in the Middle East region.
Adani Green switches on 180 MW solar power plant in Rajasthan
Adani Green Energy Ltd has commissioned a 180 MW solar PV plant that benefits from a 25-year power purchase agreement with the Solar Energy Corp. of India.
India, Saudi Arabia and UAE top in green hydrogen competitiveness
The United Arab Emirates (UAE) tops in green hydrogen competitiveness with the world’s lowest levelized cost of hydrogen (LCoH) of $2.7/kg in 2023 and a projected $1.7/kg in 2030. It is followed by Saudi Arabia and India, which could produce green hydrogen at $2.9-$3.2/kg in 2023 and $1.8/kg in 2030.
