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REC secures JPY 31.96 billion green loan from Deutsche Bank AG

REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.

Renuka Sharma promoted to APAC director at BayWa r.e.

Renuka Sharma, who previously served as the managing director of BayWa r.e. Thailand, is now BayWa r.e.’s energy solutions business director for the Asia-Pacific (APAC) region.

Experion, University of Würzburg collaborate for R&D in energy systems and artificial intelligence

Experion and Germany’s Julius-Maximilians-Universität Würzburg have joined hands for research and development in the field of smart energy systems and vehicle-to-grid integration.

Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany

Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China

Investigators still uncertain about cause of 30 kWh battery explosion in Germany

A lithium iron phosphate (LFP) battery system recently exploded in a home in central Germany, preventing police and insurance investigators from entering due to the high risk of collapse. The explosion may have been preceded by off-gassing, but it remains unclear whether an external ignition source was the cause. Some scientists say thermal runaway may have triggered the blast.

Axitec to set up 600 MW of pilot solar module lines in India

Tanmoy Duari, chief executive officer at Axitec Energy India, told pv magazine that the planned capacity, 300 MW in Gujarat and another 300 MW in Tamil Nadu, will produce n-type TOPCon solar modules. Production will start in the first quarter of 2024.


LUXRA, Rayzon Solar to form JV for PV module production in India 

Swiss-Germany company LUXRA Group and India’s Rayzon Solar have agreed to form a joint venture for PV module production in India. The partnership will combine LUXRA’s technology and Rayzon’s operational expertise in PV panel manufacturing.


Germany deployed 6.26 GW of solar in H1

Germany installed more than 1 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 73.8 GW at the end of the first half of this year.

Developer using membranes to increase bifacial solar module yield by 6.4%

Germany-based Solar Kapital has used membranes at three of its PV plants in Greece. It claims that the payback time of the new solution is relatively short.


Munich arrest before Intersolar tied to anti-dumping subsidy case, says lawyer

The German police arrested a Chinese citizen at Munich Airport last week, prior to the start of the Intersolar Europe trade fair. Investigators are targeting the detained individual for allegedly evading anti-subsidy and anti-dumping duties imposed on PV products in the European Union prior to September 2018, a lawyer told pv magazine.

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