Analysts expect more than 50 GW of new US solar in 2024
The US Energy Information Administration (EIA) says that about 45 GW of solar projects above 1 MW (AC) in size will be installed in 2024, while Wood Mackenzie estimates 8 GW of small-scale solar.
First Solar opens manufacturing plant in India
India’s first fully vertically integrated solar manufacturing plant will produce First Solar’s Series 7 solar PV modules developed at the company’s research centers in the U.S. The facility employs 1,000 workers.
Waaree Energies announces plans for 5 GW solar cell, module facility in USA
Waaree Energies will build a solar module manufacturing facility with an initial capacity of 3 GW per year by Dec. 2024. It plans to ramp up the fab’s module capacity to 5 GW with an integrated 5 GW cell facility by 2027. The company has already secured an offtake contract with SB Energy.
India exported solar modules worth $1,136 million in April-October this year
India’s solar PV module exports in the April-October period of the current fiscal 2023-24 have surpassed module exports in the twelve months of the last fiscal.
CubicPV announces $1 billion long-term silicon supply agreement
OCIM, a South Korean polysilicon manufacturer, will supply CubicPV with U.S.-compliant silicon for development of solar wafers.
Nextracker hits 10 GW milestone in Middle East, Africa, and India solar power markets
Nextracker’s smart solar trackers are now either operational or under fulfillment for 10 GW of PV projects located in the Middle East, Africa, and India.
Gates-backed Fourth Power pilots thermal storage based on TPV cells
Fourth Power, backed by Bill Gates’ venture firm, has developed high-density thermal energy storage based on thermophotovoltaic cells. The tech, which is reportedly 10 times cheaper than lithium-ion batteries, is based on the U.S. company’s patented liquid metal heat transfer system.
Tesla Cybertruck can power your home and more
The company’s recently launched truck offers 11.5 kW of power output to homes, and 9.6 kW of output via five plugs.
California deals blow to rooftop solar
The California Public Utilities Commission (CPUC) has prohibited the use of battery-tied solar exports to offset delivery charges, following its decision to slash the value of standalone solar exports in order to encourage the pairing of systems with battery storage.
Waaree to supply 1.5 GW of TOPCon solar modules for Acciona’s projects in USA
Waaree Energies has signed a three-year deal with Spanish developer Acciona to supply 1.5 GW of TOPCon solar modules for Acciona’s PV installations in the United States from 2024 to 2026. The contract follows Waaree’s latest 850 MW mono PERC shipment to Acciona’s four projects in the US.
