High-latitude tests show vertical rooftop PV yields 30% more energy
Norway’s Over Easy says its pilot vertical PV system in Oslo achieved remarkable performance throughout a snowy winter. In 2022, the vertical array generated 1,070 kWh per kilowatt installed, which the company says compares to around 800 kWh per kilowatt installed for a conventional rooftop array.
India’s energy transition presents $25 billion annual investment potential: Avendus Capital
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
India surpasses 64 GW of installed solar capacity: MNRE
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
IREDA touches new record in lending for renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.
New global solar capacity additions hit 191 GW in 2022, says IRENA
Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).
Solar and wind formed 92% of India’s electricity capacity addition in 2022
India added 13.9 GW of solar capacity and 1.8 GW of wind in 2022, which together accounted for 92% of the overall 17 GW of annual electricity generation deployment.
Common misconceptions about residential PV
More and more people want to invest in PV arrays and battery storage systems. However, there are a number of myths that could lead to disappointment among customers, according to one German consumer association.
India can achieve energy independence by 2047 through clean technology: Study
Berkeley Lab study shows how deep cost reductions in clean technology and India’s renewable and lithium edge can enable a pathway for cost-effective energy independence by 2047.
Fraunhofer ISE, Viessmann develop multi-source residential heat pump
Fraunhofer ISE has presented the results of retrofit heat pump installations in multi-family homes in Germany. One demonstrator featured rooftop solar PV and a multi-source heat pump developed in partnership with Viessmann. It uses air and geothermal as heat sources.
Study shows symbiotic effect of heat pumps and residential solar
SolarPower Europe says in a new report that households in Germany, Spain, and Italy can more than triple their savings by pairing PV with heat pumps. It said this combination helped families to save between 62% and 84% on their annual energy bills in 2022.
