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Highlights

Adani Green commissions 250 MW solar power project in Rajasthan

Adani Green Energy Ltd’s total operational renewable power generation capacity has increased to 11,434 MW with the addition of 250 MW solar project in Rajasthan

EliTe Solar opens solar cell production facility in Indonesia

Just a few months after beginning construction on a cell manufacturing factory in Egypt, Singapore’s EliTe Solar has opened a cell manufacturing facility in Indonesia, which took around eight months to complete from site selection to opening.

Marico now meets 67% of its energy requirement through renewable sources

The FMCG major aims to achieve net-zero operational emissions in India (across owned manufacturing units) by 2030 and in global operations by 2040.

BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh

Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.

Reliance Power wins 930 MW solar with 465 MW/1,860 MWh battery storage in SECI auction

Reliance Power’s arm Reliance NU Suntech will develop the solar PV project with battery energy storage system on a build-own-operate basis. The project will supply power under a 25-year power purchase agreement with Solar Energy Corp. of India.

Combining floating PV with compressed air energy storage

Researchers from Egypt and the UK developed a new floating PV system concept that utilizes compressed air for energy storage. The system has a roundtrip efficiency of 34.1% and an exergy efficiency of 41%.

Mahindra Susten closes INR 1,448 crore financing for 560 MWp of solar projects

Mahindra Susten has secured a Rupee term loan of INR 1,448 crore from HDFC Bank and Axis Bank for 560 MWp of solar power projects being developed in Gujarat and Rajasthan.

Husk Power launches ‘minigrid in a box’ solution

With its containerized solution Prism, Husk Power Systems is now able to deploy minigrids at a rate of one per day with the same resources.

 

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INOXGFL Group enters solar manufacturing

INOX Solar, an INOXGFL Group promoter-owned company, targets initial manufacturing capacities of 5 GW of solar modules and 2.5 GW of solar cells by 2026. It will also offer solar project EPC and O&M services through group companies. The strategic foray into solar will complement INOXGFL’s wind business, making it a complete renewable energy solution business.

Improving solar cell efficiency with upconversion nanoparticles

An international research group has developed a light upconversion system that can reportedly improve crystalline silicon solar cell efficiency by up to 0.87%. The technology consists of multilayer nanoparticles that act as near-infrared absorbers across different spectral ranges.

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