Procurement

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.

The Indo-German Green Hydrogen Roadmap outlines key strategies to encourage private sector investment, promote green hydrogen trade and export, and facilitate the exchange of information, particularly around challenging hard-to-abate sectors and certification standards.

High interest rates, excess warehouse inventory, and falling component prices have created a perfect storm for solar distributors since October 2023. BayWa re Solar Trade CEO Frank Jessel explains how the industry can embrace true digitalization to better navigate this volatility.

The future of the solar industry hangs in the balance as manufacturers, regulators, and market players grapple with a perfect storm of falling prices, rising costs, and a fiercely competitive global landscape.

ESG (environmental, social, and governance) measurement is often inconsistent, as there are multiple ESG rating agencies, sustainability reporting standards and data providers and all deploy their own methodologies and parameters. That makes it challenging for the investors and other stakeholders to evaluate critical ESG metrics and make well-informed choices.

The Solar Energy Industries Association (SEIA) submitted a draft industry standard to help companies comply with Customs and Border Patrol (CBP) traceability requirements for solar component imports.

The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.

Real-time data visibility is the most crucial aspect of modern supply chain management. Companies should utilize Internet of Things (IoT) devices, blockchain technology and cloud-based platforms to monitor their global supply chain networks. This gives key details on inventory levels, manufacturing progress, and shipping schedules.

The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.

Mandating stringent quality and performance standards is imperative to safeguard consumers from potential exploitation in the burgeoning rooftop solar market. The technology to do this exists, but we need to see if the will is there.