A look back at solar in 2023
The Indian government has demonstrated a robust commitment to advancing solar energy by implementing various strategic initiatives.
Passive solar module cooling tech based on PCM, heat sink fins, water
A global research group has designed a novel PV module cooling system based on multiple cooling sources. The proposed system was able to reduce a PV system temperature by up to 16.7 C and increase power output by over 9%.
“Energy security of the nation can’t be achieved with renewables alone”: Power minister
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
Enphase unveils new three-phase inverters
Enphase has released 208 V three-phase inverters for the small commercial market. The advancing hardware comes with a specialized support team and tailored design tools.
Sineng Electric hits 10 GW of solar PV inverter shipments to India
The Chinese PV inverter manufacturer has surpassed 10 GW of solar inverter shipments in India.
Mitigating solar supply chain challenges
Large-scale solar projects in India are facing delays of at least two-three months. The primary reason is Indian companies’ dependency on Chinese products and equipment, which may result in shipping delays and cost fluctuations. But, many companies in India have their solar module stocks already ready and can provide their products at the same price as Chinese brands, Tanmoy Duari, CEO, AXITEC Energy India, tells pv magazine.
Bifacial PV on rooftops can provide energy yield gains of up to 22.6%
Scientists in Australia have combined Monte Carlo Ray Trace (MCRT) techniques and electrical modeling to assess the potential energy gains of bifacial rooftop PV systems compared to monofacial arrays. They found that rooftop reflectivity is a key factor in increasing a bifacial PV system performance, and that system and module design should also be carefully considered.
Solar LCOE now 29% lower than any fossil fuel option, says EY
A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity. The global weighted average levelized cost of electricity (LCOE) for PV is now 29% lower than the cheapest fossil fuel alternative.
Lenders choose renewables over coal for second year in a row
In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding.
Wires and cables in the solar industry
The solar industry growth has accelerated the demand for wires and cables in India. Since solar cables are key in transmitting power from the PV panels to the system, it is essential to invest in the best-suited type of solar cable that meets stability and safety norms.
