The long read: Considering the competitive landscape for HJT
The benefits of heterojunction technology are well known. But as the first modules come onto the market from REC Group’s new HJT lines, the competitive landscape is crowded, but not without opportunity.
Distributed storage market to grow nearly twentyfold by 2028
Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.
U GRO Capital, Sunvest Capital to co-lend Rs 200 million to MSMEs for rooftop solar
The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.
Austrian company Aerocompact to make solar racking in India
The ‘intelligent’ racking solutions provider has joined hands with Norwegian aluminium producer Hydro Extrusion’s India arm to manufacture PV racking for rooftops. The manufacturing unit—located in Bengaluru—is eyeing at least 20 MW of business from India in the next six months.
Solar plant developers can set up excess capacity: MNRE
The requirement of design and installation of additional DC panels may emanate from the contractual need to supply the committed energy and does not cast any obligation on the procurer to buy generation in excess of the contracted energy range—stated the ministry in its advisory issued recently.
E-waste company opens battery recycling plants in Singapore and France
TES issued a press release announcing the new facilities that is light on detail but claimed the plants would position it as ‘a leader’ in battery recycling. The company also announced an intent to move into the reuse of spent electric vehicle batteries in commercial and residential applications.
Goa to replace traditional clay tiles with solar ones
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
Azure Power to raise US $75 million equity from Canadian investor CDPQ
The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.
French consortium develops hybrid storage and co-generation system
The Smart Energy Hub can operate in electrolysis mode to store renewable energy as hydrogen, or in fuel cell mode to produce electricity and heat from previously produced hydrogen or methane. Its developers are the French Alternative Energies and Atomic Energy Commission and start-up Sylfen.
Gujarat solar capacity just shy of 2.7 GW
The state this week raised its clean energy ambition to 30 GW of generation capacity within three years as figures showed ground-mounted solar is expanding at a faster rate than rooftop installations.
