Amaravati: Fast-tracking mega solar power projects for the agriculture sector, the state government has sent tender documents to the Judicial Preview Commission (JPC). The tenders will be invited from the developers after getting the green signal from JPC. The government has targeted launch of power plants capable of producing 6,050 MW Read more
OSLO: The Norwegian and Swedish energy ministers on Friday signed off on an amendment to their joint green power support scheme, which effectively closes down the system at the end of 2035, 10 years earlier than planned. The amendment formalises an earlier end date from the Swedish side, aligning it with its Read more
At the end of 2019, global PV installations reached 627 GWDC, an annual increase of 115 GWDC from 2018. – In 2019, the leading markets in terms of annual deployment were China (30 GWDC), the United States (13 GWDC), and India (10 GWDC). • Before the spread of COVID-19, analysts Read more
India installed 9.9 GW of PV in 2019, a decline of 8% y/y and 23% from its peak in 2017. – Large-scale projects accounted for 85% of 2019 installs and 88% of cumulative PV installations. – Mercom attributes the difficulties in the largescale PV market to come from: contracting and Read more
In 2019, global PV shipments were approximately 123 GW—an increase of 39% from 2018. • In 2019, 62% of PV shipments were mono c-Si technology—a level not seen since the early 1980s. • In 2019, revenue from PV deployment was more than 10X revenue from PV manufacturing. • Despite tariffs, Read more
From 2010 to 2019, shipments from the top 10 PV manufacturers grew from 11 GW to 78 GW, with some companies shipping more than 10 GW annually. • Only four of the leading companies in 2010 remain in the top 10 in 2019, and all in the bottom half. • Read more
Global module and module-component prices continued their price declines in the first five months of 2020, with BNEF reporting mono c-Si modules down 8% to 0.21/W, multi c-Si modules down 11% to $0.19/W, cells down 24% to $0.10/W, and polysilicon down 18% to $6.5/kg. • PVInsights reported average module prices Read more
Indian Railways plans to use its surplus land along the tracks to generate 20-gigawatt production capacity of renewable energy, enough to power the entire Railways, said Piyush Goyal, Minister of Commerce & Industry, and Minister of Railways. “[however] we may need to expand our battery storage or form the storage Read more
New Delhi: Worksport has announced the global launch of a tonneau cover that generates electricity with solar energy to electrify conventional trucks and soon provide a meaningful charge for forthcoming electric pickups and other light trucks. The add-on solar accessory named TerraVis is a highly advanced fusion of solar engineering, technology, and design for light-duty pickup trucks, Read more
New Delhi: Prime Minister Narendra Modi today called for concessional financing and less-risky funds for solar projects to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions. Speaking at the founding conference of the International Solar Alliance (ISA), he said India will generate Read more