The Indian multinational EPC has this week unveiled a new global division that will focus on the development of power+storage hybrid solutions. The new unit will focus initially on lighting up remote islands and has an installation target of 1 GW.
For 1.2 GW tender, Karnataka Renewable Energy Development Ltd (KREDL) had received bids only for 550 MW capacity. KREDL has now retendered the remaining 650 MW grid-connected solar PV project to be installed at Pavagada Solar Park in Karnataka.
New quarterly figures from Bloomberg New Energy Finance (BNEF) show that investments in solar PV arrays of less than 1 MW hit US$14.3 billion worldwide in Q1 against 10% year-on-year contraction in global renewable investments.
RenewSys India has filed an application before the Directorate General of Anti-Dumping & Allied Duties for the imposition of anti-dumping duty on imports of ‘Ethylene Vinyl Acetate (EVA) Sheet for Solar Module’ from China PR, Malaysia, Saudi Arabia, South Korea, and Thailand.
Central Board of Indirect Taxes and Customs have issued a clarification regarding solar module equipped with bypass and blocking diodes. Market analysts assert that this step will increase PV installation in the second half of 2018.
Wipro Limited and State Bank of India (SBI) has become the first from India to join The Climate Group’s global Electric Vehicle initiative, EV100. Wipro expects to scale up the EV to 1000 by 2023, whereas, SBI will set up charging stations in major residential spaces.
Scientists at European solar research organization, Solliance have announced the achievement of 14.5% conversion efficiency on a perovskite module. The module uses a glass substrate, and the efficiency was measured on an aperture area of 144 cm².
The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.
Technology multinational, Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
Freyr Energy has completed 640 kW of solar PV rooftop plants in Manipur, North East India, including a 100 kW off-grid battery powered system, for a total investment of around INR 50 million (around US$769,175).
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