The global installed capacity will grow from a modest 9 GW/17 GWh as of 2018 to 1,095 GW/2,850 GWh in the next two decades. Just 10 countries will account for almost 75% of the overall gigawatt market, with China, USA, India and Germany leading the pack.
Previously, a mere €240 million (Rs1,870 crore) was set to flow into the giga-factory. The corporation’s management reasoned new demand for its battery cells made more investment necessary.
With Leclanché due to open a module and battery pack assembly line in Gujarat alongside JV partner Exide Industries by the end of next month, the Swiss storage solutions company has been active nearer its home market.
The result was certified by the solar cells laboratory at the calibration and test center of Germany’s Institute for Solar Energy Research. Imec’s measurements showed cell bifaciality surpassed 80%.
The German powerhouse – which makes central inverters for PV projects in India – wants to complete the acquisition by July. Indian employees will be hoping target company Kaco’s disposal of its central inverter operation last month will avert job losses by removing any potential overlap between the manufacturers.
The nation saw 1.3 GW of renewable energy secured for business through private PPAs in 2018, almost twice as much as the volume recorded in Australia, but the picture could change next year if China follows through with its renewable portfolio standard commitment.
The new ‘cerenergy’ system that has been developed in Germany can operate without air conditioning by using vacuum insulation even in extreme temperatures. With no rare earths required for manufacture, the product’s basic material is salt.
Kaco is launching a mass-produced string inverter with silicon carbide switches onto the market following 10 years of discussion about the technology within the industry. In the 100 kilowatt plus segment, the technology produces small, lightweight devices with few components.
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