Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.
Liquidity of solar generators remains largely unaffected as they have been receiving payments from Discoms regularly. Azure and Adani Green Energy restricted groups, in particular, have comfortable liquidity position and will be able to meet their mandatory expenditure in the next six to 12 months.
Trina Solar’s new Vertex series of bifacial modules have a conversion efficiency of up to 21% and can deliver more than 500W of power from the front surface.
Developers have until June 30 to lodge bids to develop plots of solar capacity across the national rail network paying no more than Rs2.71/kWh for the electricity generated under a 25-year contract.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
The Delhi-based end-to-end rooftop solar company is looking to eventually raise Rs 250 crore ($35 million) as it plans to improve its technology infrastructure further, scale up the service offerings, and expand to newer geographies, including parts of Middle East, Asia Pacific and Africa.
The state-owned Central Electronics Limited seeks to empanel startups having the technology patent for waterless solar module cleaning system without any moving parts as its intends to manufacture such systems at its facilities.
China’s Growatt emerged as the largest rooftop solar inverter supplier, claiming around 21% of the 1534 MW market, followed by rivals Solis (18%) and Sungrow (17%).
Russian researchers have improved the efficiency of a thin-fim GaAs‐based solar cell by 0.9% by applying single‐walled carbon nanotubes as the topmost layer. The cell also showed a slight increase in the short circuit current density, from 16.9 to 17.9 mA/cm2.
May 4 is the last date to submit bids for supplying 1130 quantities of 72-cell, 330Wp crystalline-silicon solar modules for Visvesvaraya Technological University. The modules are to be delivered within 45 days of the purchase order.
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