WoodMac predicts strong yet flat global PV growth through to 2032
Wood Mackenzie says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years. The research firm is also forecasting challenges for the solar manufacturing sector and long-awaited benefits from the Inflation Reduction Act in the United States.
Govt tenders 10 GWh of battery cell manufacturing under PLI Scheme
India’s Ministry of Heavy Industries has invited global bids to set up a cumulative 10 GWh of giga-scale advanced chemistry cell (ACC) manufacturing facilities under production-linked incentives scheme. Bidding closes on April 22 and bids will be opened on April 23, 2024.
SAEL secures $1 billion for solar, biomass projects
Solar and waste-to-energy producer SAEL has secured $1 billion from financial institutions including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech.
US startup offering UL-certified vertical PV systems
Sunstall has developed a vertical PV system that facilitates energy production in space-limited areas. It is the first system of its kind to secure certification from Underwriters Laboratories (UL) for the US market
Sunpure to supply robotic cleaning systems for 473 MWp solar project in Rajasthan
China’s Sunpure will supply water-free robotic cleaning systems for a 473 MWp tracker-based solar PV project being set up by Jakson Green in Kawani, Rajasthan.
Largest US solar-storage project goes online
A new 875 MW solar project in California features nearly 2 million solar panels and offers more than 3 GWh of energy storage.
NTPC seeks 1.5 GW of bifacial modules for Khavda Solar Project
NTPC Renewable Energy Ltd (NTPC REL) has invited bids to supply bi-facial PV modules rated 540 Wp each for the 1,515 MW DC solar project in Gujarat. Bidding closes on March 5.
Hybrid optimization MPPT tech for PV systems under partial shading
Researches in India have used the adaptive network-based fuzzy inference system (ANFIS) and the grey wolf optimization (GWO) algorithm to develop an MPPT technique that reportedly increases the PV source voltage of an array under partial shading conditions.
SECI launches 1.5 GW solar tender
Solar Energy Corp of India (SECI) has invited bids to set up 1.5 GW of solar PV power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission system. Bidding closes on Feb. 23.
Solar corporate funding hits decade-long high in 2023 globally
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.
