New quarterly figures from Bloomberg New Energy Finance (BNEF) show that investments in solar PV arrays of less than 1 MW hit US$14.3 billion worldwide in Q1 against 10% year-on-year contraction in global renewable investments.
Technology multinational, Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
Freyr Energy has completed 640 kW of solar PV rooftop plants in Manipur, North East India, including a 100 kW off-grid battery powered system, for a total investment of around INR 50 million (around US$769,175).
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Through the company’s sun2fix open access solution, Inidan subsidiary of swiss-based renewable firm will install a 7MWp solar PV power plant in Solapur district of Maharashtra.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about its ventures in the Indian solar and storage market. Rijsberman outlines that the country’s growing and diversifying economy, with its ambitious renewable targets, can help to capitalize on the demographic dividend. As a result, it can become the world’s primary consumer sustainable growth market.
Testing from TÜV Rheinland has revealed that PV inverters and battery storage systems are vulnerable to hacking. By changing system parameters, a hacker could potentially cause a battery system to corrode, “making it like a ‘bomb’.”
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim a larger share of bulk and dispatchable generation while adding vital flexibility to the global energy mix.
The New Delhi-based solar energy firm has won 100 MW at Pavagada solar park in Karnataka and 30 MW solar rooftop projects with Indian railways across 12 states in India.
The first of its kind solar kit will make clean energy available across the country. The kit can be installed in 30 minutes and is available in the range of 1-5 KW. Pronto benefits to also extend to small-scale industries. It aims to revolutionize rooftop solar in India.
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