Category: Solar

Billionaire Gautam Adani, one of the world’s wealthiest individuals, has been accused of orchestrating a bribery scheme in connection with his solar energy venture in India. Federal court filings in Brooklyn have indicted Adani for allegedly paying bribes to Indian officials to secure lucrative contracts and financial support for Adani Green Energy Ltd. While Adani publicly touted his company’s integrity to investors, he allegedly used corrupt means to advance the project. The scheme has drawn billions of dollars from investors under false pretenses, prompting the Securities and Exchange Commission to file a civil action seeking corrective sanctions. The case raises concerns about corporate governance and transparency in international investments.

Source: https://www.devdiscourse.com/article/business/3164855-gautam-adanis-solar-empire-charges-a-tale-of-fraud-and-deception

Indian billionaire Gautam Adani, 62, has been indicted in the US on charges of securities fraud and conspiracy to commit wire fraud. The indictment alleges that Adani deceived investors by hiding the involvement of bribery in a massive solar energy project in India, which resulted in investors losing several billion dollars. The charges claim that Adani failed to disclose over $250 million in bribes paid to Indian officials to secure profitable solar energy supply contracts. This case raises concerns about corruption and investor deception in international business dealings, highlighting the need for transparency and legality in the global solar energy sector. Adani, one of the world’s wealthiest individuals, is accused of fraudulently profiting from the project, which has significant implications for his reputation and business empire.

Source: https://www.devdiscourse.com/article/headlines/3164789-indian-billionaire-faces-us-indictment-over-solar-energy-fraud

Elektroprivreda Srbije, Serbia’s state utility, is building a 9.75 MW solar plant on a former mining dump in Kostolac, northeastern Serbia. The Petka PV project is the utility’s first solar facility and is expected to be completed by mid-February 2025. The plant will be connected to the electricity distribution network in the first quarter of 2025. Serbian Energy Minister Dubravka Đedović Handanović visited the site, praising the project’s importance for energy security and safety. Serbia has seen a significant increase in energy investments, with a 50% increase in 2024 compared to 2023. The government has also backed plans for a 1 GW solar panel factory and 500 MW of solar power. By the end of 2023, Serbia had cumulatively deployed 137 MW of solar power. The Petka PV project is a significant step towards diversifying Serbia’s energy mix and increasing its reliance on renewable energy sources.

Source: https://www.pv-magazine.com/2024/11/20/serbia-moving-forward-with-9-75-mw-solar-facility/

Datta Power Infra has signed an MoU with the Rajasthan government to invest ₹5,000 crore in the state’s renewable energy sector. The company plans to establish 1,000 MW of renewable energy projects, including solar, wind, and hybrid power, in districts like Bikaner, Jaisalmer, and Barmer. The projects will connect with the State Transmission Utility (STU). A significant portion of the investment will support solar irrigation under the PM-KUSUM Scheme. The company expects the initiative to create 500-750 green jobs, driving sustainable development and regional economic growth.
Datta Power Infra has a proven track record in renewable energy, having executed over 2 GW of projects in Rajasthan. The company plans to venture into Pumped Storage Projects (PSPs) and Hydroelectric Projects, expanding its portfolio beyond solar, wind, and hybrid projects. Rajasthan is a key renewable-rich state with the highest installed capacity of 30 GW, including 15% of the country’s total renewable energy capacity.
The investment aims to transform Rajasthan into a key hub for renewable energy, in line with Datta Infra’s long-term growth plans to increase its renewable energy portfolio by 30% over the next five years.

Source: https://www.saurenergy.com/solar-energy-news/datta-infra-to-invest-%E2%82%B95000cr-in-rajasthans-re-sector-signs-mou

Tata Power, an Indian power company, has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. The partnership aims to support Bhutan’s goal of achieving 25,000 MW of energy capacity by 2040 and diversify energy sources by incorporating solar and geothermal energy alongside hydropower. The projects will be developed in phases, with 4,500 MW of hydropower and 500 MW of solar energy. The collaboration will improve Bhutan’s energy infrastructure, positioning the country as a regional energy hub.
The partnership reflects a shared vision between the governments of Bhutan and India to promote regional energy cooperation and sustainable energy goals. Tata Power’s CEO said that the partnership solidifies the company’s role as a leading clean energy partner in the region, while DGPC’s MD expressed confidence in achieving Bhutan’s renewable energy goals. This initiative builds on the existing relationship between Tata Power and DGPC, which dates back to 2008. The partnership has the potential to address energy needs in both countries and advance regional energy integration, paving the way for a cleaner, greener energy future in South Asia.

Source: https://www.saurenergy.com/solar-energy-news/tata-power-dgpc-forge-partnership-for-clean-energy-in-bhutan

The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change was held in Baku, Azerbaijan. LONGi, a leading global solar technology company, actively participated in the conference, advocating for the promotion of energy equity through green innovation. The company showcased its latest scientific and technological achievements and project progress in the field of clean energy.
LONGi also partnered with UNHCR to solarize the Emergency Stockpile in Uzbekistan, which is expected to generate around 989,993 kWh of electricity annually, reducing carbon emissions by approximately 495 metric tons per year. This project marks a significant step towards ensuring a sustainable energy supply for logistics that support refugees and internally displaced people.
The company’s vision is to promote a global energy transformation using BC (back-contact) solar technology, solving the electricity problem for people who are often without access to basic services. LONGi believes that energy equity lies in providing clean, affordable, and non-discriminatory energy services for all of humanity.

Source: https://solarquarter.com/2024/11/20/longi-advocates-for-accelerating-the-energy-just-transition-through-green-innovation-at-cop29/

Zendure has launched its SolarFlow Kit in North America, a “plug-and-play” residential solar solution that was first introduced in the European market in 2023. The kit includes a 1640 W solar panel, a power controller, dual maximum power point trackers, two batteries with expandable storage, a microinverter, and a smart meter current transformer. The system is designed to be installed without permits or grid connections, allowing homeowners to set it up independently. The AB2000S battery has a storage capacity of 1,920 Wh and can be expanded up to 7,680 Wh. The system can offset up to 3,500 kWh per year, leading to up to $1,260 in annual savings. The SolarFlow Kit retails directly through Zendure and on Amazon, with pricing starting at $3,932. The company was founded in 2017 and has corporate centers in the US, China, Japan, and Germany.

Source: https://www.pv-magazine.com/2024/11/19/zendure-releases-pre-sized-home-solar-energy-storage-kit/

The Northeast Frontier Railway (NFR) has issued three tenders for the installation of rooftop solar systems on various building types in its Lumding Division. The projects collectively total 5.765 MW of capacity. Tenders must be submitted by December 5, 2024, and proposals must include details of three similar projects completed within the last seven years. Projects must also meet financial requirements and not have been blacklisted by government departments.
The scope of work for each tender includes the design, supply, installation, and commissioning of solar power plants for service buildings (355 kW), residential buildings (2.46 MW), and station buildings (2.95 MW). The solar installations will be equipped with various systems, including lightning protection, earthing, and monitoring systems. All work must be completed within 180 days.
Bids vary in value, ranging from Rs 20.9 million to Rs 173 million, depending on the building type. The winner of each tender must prove their financial viability and absence of any blacklisting from government departments.

Source: https://www.constructionworld.in/energy-infrastructure/power-and-renewable-energy/northeast-frontier-railway-issues-5.7-mw-rooftop-solar-projects-bids/65256

UTL Solar is a leading manufacturer of end-to-end power solutions, with recorded sales of over 1 GW of solar rooftop systems. The company was founded in 1996 with a mission to power millions of households with sustainable energy and power backup solutions. UTL Solar has developed and patented the innovative rMPPT technology, which takes solar energy optimization to the next level by continuously tracking and adjusting the power output of solar panels. The company believes that rMPPT technology will revolutionize the solar panel industry by significantly enhancing energy efficiency and reducing the cost per watt of solar energy.
UTL Solar is contributing to India’s vision of energy independence by expanding its solar panel line-up and supporting the government’s initiatives such as the PM Surya Ghar Bijli Yojana. The company is also working to make solar energy accessible and affordable for both rural and urban areas in India through its extensive network of dealers and distributors. UTL Solar’s strategic plans for the next five years include expanding its manufacturing base, introducing new products, and expanding its market presence.

Source: https://www.energetica-india.net/powerful-thoughts/online/yogesh-dua

Lightfoot is a solar-powered electric cargo scooter designed for daily commutes and city trips. The scooter features two large solar panels on either side, which serve as the power source and also double as doors to a lockable and weatherproof storage compartment. The compartment can hold up to 15 kilos of objects, equivalent to three large grocery bags or a work bag, helmet, and carry-on suitcase. The scooter has no clutch, gears, or pedals, and is powered by a 48-volt, 1.1 kWh battery that provides a range of up to 37 miles on a full charge. The solar panels add an additional 18 miles of range per day, and can recharge the scooter up to 3 miles per hour of sunlight. The scooter is designed to be modular, with parts that can be easily removed and replaced for repairs and maintenance. It can accommodate two riders and has a top speed of 20 miles per hour. Lightfoot is available for purchase, with delivery starting in January 2025.

Source: https://www.designboom.com/technology/electric-cargo-scooter-lightfoot-solar-panels-otherlab-11-19-2024/

Elon Musk, a prominent supporter of renewable energy, believes that solar power will be the key to the world’s energy future. He argues that solar energy is not only a viable option but also the inevitable leader of the future due to technological advancements and the sun’s boundless potential. Musk highlights the sun’s abundance, stating that in an hour, it provides Earth with more energy than humans use in a year. He also emphasizes the developments in energy storage and solar panel efficiency, making solar energy a viable and scalable substitute for conventional energy sources.
Musk rejects nuclear and hydrogen as primary energy sources, citing the drawbacks of nuclear energy, such as safety and environmental concerns, and the energy-intensive process of extracting and storing hydrogen. Instead, he advocates for solar energy, which provides an endless source of clean and renewable energy with no carbon emissions.
Musk believes that a small corner of Texas or New Mexico could serve all of the U.S.’s electricity, citing the high energy potential of solar power. He also notes that the Starlink satellite network is entirely powered by solar energy and battery storage. While infrastructure and storage issues still exist, Musk’s vision of a future powered by solar energy is based on scientific and technological facts, offering a path forward to a day when solar power will dominate the world’s energy supply.

Source: https://www.eldiario24.com/en/no-nuclear-no-hydrogen-elon-musk/4225/

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Source: https://www.iam-media.com/article/shining-light-the-solar-panel-patent-wars

The Indian government has introduced a new notification to simplify the process of setting up clean energy projects, such as solar, wind, and compressed biogas. The Ministry of Environment, Forest and Climate Change (MoEFCC) has exempted certain “white category” industries from obtaining Consent to Establish (CTE) or Consent to Operate (CTO) clearances. This includes industries that produce electric lamps, solar panels, wind power, and mini hydel power projects. The notification also integrates Environmental Clearance (EC) and CTE processes, eliminating the need for dual compliance and reducing paperwork. Industries will still need to pay a CTE fee to avoid revenue losses for the states. This move aims to boost the growth of clean energy industries in India and reduce the compliance burden on businesses. The initiative is part of efforts to improve the ease of doing business in the country, aligning with state-level initiatives such as the Single Window System in Odisha.

Source: https://www.saurenergy.com/solar-energy-news/govt-removes-dual-consent-for-wind-solar-other-re-projects

Masdar, the UAE’s leading clean energy company, and SOCAR Green, the renewable energy arm of Azerbaijan’s SOCAR, have reached financial close on two major solar projects in Azerbaijan. The 445 MW Bilasuvar and 315 MW Neftchala plants, valued at over $600 million, are a significant step in Azerbaijan’s clean energy transition. The projects are supported by the European Bank for Reconstruction and Development, the Asian Development Bank, and the Asian Infrastructure and Investment Bank. The construction of the projects began in June 2024 and is expected to be completed by Q1 2027.
The partnership between Masdar and SOCAR Green reflects a shared vision to promote sustainability and diversify energy sources. Masdar, a global leader in renewable energy, aims to expand its portfolio to 100 GW by 2030, while SOCAR Green is focused on solar, wind, and green hydrogen projects to meet national climate targets. The landmark financial close reinforces the role of international collaboration in advancing the global energy transition. The projects are expected to deliver affordable, clean energy, supporting Azerbaijan’s energy goals and showcasing the UAE’s leadership in renewable energy innovation.

Source: https://solarquarter.com/2024/11/18/solar-energy-milestone-masdar-and-socar-green-secure-financing-for-760-mw-solar-projects-in-azerbaijan/

GSPARX Sdn Bhd, a solar investor and installer, has expanded its reach to the education sector, helping local institutions adopt sustainable energy solutions. The company has installed rooftop solar solutions at over 20 public and private institutions in Peninsular Malaysia, generating 24.36 MWp of power and reducing carbon emissions by 10.15 million tonnes. GSPARX’s zero capex business model allows educational institutions to save on electricity bills without upfront costs. The company has partnered with universities, including Universiti Putra Malaysia (UPM), to install large-scale solar PV projects, with potential savings of up to RM114 million in 25 years. GSPARX’s collaborations with educational institutions also provide opportunities for students to intern and gain exposure in the solar industry. The company is also working on a new solar battery technology with UTHM and TNB’s Strategic Ventures Department to enhance the existing green energy program at the university. By solarizing education centers, GSPARX aims to promote sustainability and reduce carbon emissions.

Source: https://theedgemalaysia.com/content/advertise/educational-institutions-play-their-role-in-energy-transition

The International Solar Alliance (ISA) has advocated for an integrated approach to implementing the Mission LiFE program, which aims to protect and preserve the environment. Dr. Ajay Mathur, Director General of ISA, emphasized the importance of energy efficiency in achieving India’s climate goals. He highlighted the crucial role of Andhra Pradesh in leading the way in combating climate change and promoting sustainable energy practices. The state has made significant strides in energy efficiency under the guidance of Chief Minister N. Chandrababu Naidu, implementing various programs such as UJALA, SLNP, AgDSM, and e-mobility. The Bureau of Energy Efficiency (BEE) has achieved notable energy savings and reduced CO2 emissions under the PAT scheme. BEE has set a target of 6.68 MTOE in energy savings for Andhra Pradesh by 2030, aligning with India’s roadmap to reduce projected carbon emissions. The AP government has also formulated an integrated clean energy policy for 2024, focusing on sustainable development through large-scale renewable energy projects.

Source: https://timesofindia.indiatimes.com/city/vijayawada/international-solar-alliance-supports-andhra-pradeshs-sustainable-energy-initiatives/articleshow/115391067.cms

The article discusses a new material that has potentially surpassed perovskite solar panels in terms of efficiency and performance. Researchers have developed a new thin-film solar panel using a material called “chalcogenide” that has achieved a record-breaking conversion efficiency of 23.6%. This surpasses the previous record held by perovskite solar panels, which had achieved an efficiency of 22.8%.
The new chalcogenide material has several advantages over perovskite, including improved stability and scalability. Chalcogenide materials are also less expensive and more environmentally friendly to produce than perovskites. The researchers believe that the new material has the potential to be used to create high-efficiency and cost-effective solar panels, which could help to drive the widespread adoption of solar energy.
The article also notes that the development of this new material is expected to have a significant impact on the solar energy industry, as it could replace perovskite as the go-to material for solar panels.

Source: https://www.riazor.org/news/perovskite-silicon-solar-cell-technology/1724/

The Asian Development Bank (ADB) and Abu Dhabi Future Energy PJSC (Masdar) have signed a $160 million deal to build two large solar power plants in Azerbaijan. The plants, located in Bilasuvar and Neftchala districts, will add 760 megawatts of clean energy capacity, reducing carbon dioxide emissions by 725,000 tonnes annually. This will triple Azerbaijan’s solar energy capacity and enhance the country’s energy security. The ADB Director General for Private Sector Operations Department, Suzanne Gaboury, said that the project demonstrates the potential of Azerbaijan’s energy sector to attract private sector investment and mobilize international investors. Masdar, established in 2006, is the Abu Dhabi government’s primary vehicle for investing in renewable energy and sustainable development projects. The company has an operational and under-development generation capacity of over 20 gigawatts from renewable energy projects worldwide, and aims to expand its portfolio to 100 gigawatts by 2030. The project is expected to be a model for sustainable development in the region.

Source: https://www.socialnews.xyz/2024/11/16/adb-masdar-sign-160-million-usd-deal-to-build-two-solar-power-plants-in-azerbaijan/

The Western Green Energy Hub (WGEH) is a massive green energy project in Western Australia, spanning 15,000 km² of Mirning territory. The project aims to generate 50 GW of integrated wind and solar electricity, which will be converted into 3.5 million tonnes of green hydrogen annually. This will displace fossil fuels in industries such as maritime, steel, and others. The project is a technological and environmental innovation, with a potential to revolutionize global energy markets and regional economies. The WGEH will create thousands of employment opportunities and long-term income prospects for local communities, with Indigenous involvement and economic benefits shared with the Mirning people. The project is expected to start production by 2025 and reach its maximum capacity by 2032. The WGEH has the potential to create more mega-projects for renewable energy globally, challenging industries and governments to achieve higher decarbonization targets. The project is a significant step towards a sustainable future, providing a new generation of large-scale renewable energy that can address the needs of the global economy while preserving the Earth.

Source: https://www.ecoticias.com/en/the-western-green-energy-hub/8555/

Aditya Ultra Steel Ltd, a rolled steel products manufacturer, has reported a net profit of Rs 5.87 crore for the April-September period of 2024-25. The company’s revenue from operations stood at Rs 312.39 crore, with an operating profit of Rs 10.50 crore. The company, which sells products under the Kamdhenu brand, went public on the NSE SME platform in September after raising around Rs 46 crore through its IPO. Aditya Ultra Steel Ltd is setting up a 5 MW solar power plant at Rajkot in Gujarat to meet its energy needs and enhance sustainability. The company’s Managing Director, Sunny Sunil Singhi, announced that the company will embark on a major expansion initiative to increase production capacity, improve operational efficiency, and advance sustainable practices. The solar power plant, worth Rs 15 crore, will have a capacity of 5,000 KWP and is expected to enhance the company’s sustainability.

Source: https://timesofindia.indiatimes.com/business/india-business/aditya-ultra-steel-to-set-up-5-mw-solar-plant-posts-rs-5-87-crore-profit-for-april-september/articleshow/115361389.cms

The solar boat market is a rapidly growing sector, driven by increasing demand for eco-friendly and sustainable energy solutions. The market has historically been small, but it has shown significant growth in recent years due to advancements in solar technology and government initiatives promoting renewable energy. The market is segmented by product type, application, end-user, and geography, with Europe and North America being the largest markets. The leisure segment dominates the market, followed by commercial transportation and tourism. Key players in the market include Solar Sailor Holdings, Soel Yachts, and Sunseeker International.
The market faces challenges such as high initial costs, limited range and speed, and dependence on weather conditions. However, opportunities for growth include technological advancements, increasing demand for eco-friendly solutions, and expansion in emerging markets. The market is expected to experience robust growth over the forecast period, driven by increasing demand for sustainable energy solutions and advancements in solar technology.

Source: https://www.openpr.com/news/3739178/solar-boat-market-outlook-growth-scope-trends-and-industry

The UT Administration has set a goal to achieve 80 MWp of rooftop solar capacity by the end of 2024 to contribute to Chandigarh’s green energy goals. As of now, the city has installed 69 MWp of rooftop solar power plants. The administration is working towards achieving full rooftop solar saturation at government buildings by December this year and in the private sector by December next year. The city is also making progress in sustainable transport, with 20 EV charging stations already operational and an additional 4-5 stations to be energized soon. Chandigarh has the highest electric vehicle adoption rate, with 14.8% of vehicles being electric from April to October 2024. Concerns such as delay in meter installations, solar user charges, and rectification of solar projects where theft occurred were also discussed during the meeting.

Source: https://www.tribuneindia.com/news/chandigarh/rooftop-solar-panels-on-all-govt-houses-in-chandigarh-by-december/

Huawei and the Centre for Energy Research (CER) at United International University (UIU) have jointly launched the first Solar Energy Lab with Energy Storage Systems (ESS) facilities in Bangladesh. The lab aims to provide top-notch training and research opportunities in renewable energy. The inauguration ceremony took place at UIU and featured a seminar on the role of smart grids in the future power system.
The lab will focus on conducting capacity building and human resource development activities, as well as developing courses for training professionals and students in the renewable energy sector. The courses will include latest research and technological development in renewable energy technology, digital power, and smart energy solutions.
The director of CER, UIU, Shahriar Ahmed Chowdhury, noted that the renewable energy sector in Bangladesh is rapidly growing, with a projected increase of 3,000 to 4,000 new green jobs. Huawei has also highlighted its achievements in the renewable energy sector in Bangladesh, with its Digital Power division having built over 600 MW of digital power plants.

Source: https://solarquarter.com/2024/11/16/huawei-inaugurates-advanced-solar-lab-at-uiu-in-bangladesh/

Bangladesh has been slow to develop its rooftop solar energy sector, while Vietnam has emerged as a regional leader. As of 2024, Bangladesh’s total solar energy output is 1,084.55 MW, compared to Vietnam’s 9,300 MW. Experts attribute Bangladesh’s stagnation to a lack of political will, inadequate policy support, and unclear guidelines. The country’s 2012 policy mandating new buildings to install solar panels for utility connections was deemed a failure, with many low-quality systems now non-operational. Experts also point to limited financial returns, complex approval processes, and high import duties on solar equipment as barriers to progress. In contrast, Vietnam has shown strong commitment to renewable energy, with a well-established supply chain and attractive tariffs for rooftop solar projects. To overcome these barriers, experts recommend proper standards, financial incentives, private sector engagement, and a robust policy framework. With a shift in mindset, Bangladesh could still harness its rooftop solar potential and join Vietnam as a leader in the sector.

Source: https://www.thedailystar.net/environment/climate-change/news/bangladesh-lags-behind-rooftop-solar-race-3753666

India’s renewable energy capacity mix has reached 44.3% of the country’s total power capacity, with solar energy accounting for 19.6% of the total installed power capacity. Renewable energy’s contribution to the overall power mix was 41.8% at the end of Q2 2024. The installed capacity of small hydropower increased by 1.4% QoQ and 1.9% YoY. Meanwhile, coal-based thermal power still constitutes 46.8% of the total installed power capacity.
In other news, the Chandigarh High Court has given the green signal for the privatization of DISCOM, rejecting the contention that the policy violates the Electricity Act, 2003. NTPC Green Energy plans to invest up to Rs 1 lakh crore in solar and wind assets by FY27, with about 20% of the funds coming from equity.
A new study by Global Witness has found that mining for critical minerals like lithium, cobalt, nickel, and copper, essential for renewable energy, has been linked to 334 incidents of violence, protests, and deaths between 2021 and 2023 in Southeast Asia. The report highlights the need for sustainable and responsible mining practices to support the energy transition.

Source: https://carboncopy.info/indias-solar-capacity-up-20-in-q3-2024-govt-data/

The Azerbaijani government has held a groundbreaking ceremony for the 240 MW Shafag solar project in the Jabrayil District. The project is a joint venture between BP, SOCAR, and the Azerbaijan Investment Company, with an investment of US$200 million. The solar plant is expected to generate 0.5 TWh/year of electricity. Separately, ACWA Power has reached financial close on senior debt facilities worth US$238 million from the EBRD and the OPEC Fund to finance the 240 MW Absheron-Khizi wind project in Azerbaijan. The wind project is expected to be the first international investment-based independent wind power project in the country and is expected to start operations in 2026. The project will have a 25-year power purchase agreement with the national electrical power company, Azerenerji. Both projects demonstrate Azerbaijan’s commitment to renewable energy and its efforts to diversify its energy mix.

Source: https://www.enerdata.net/publications/daily-energy-news/two-azerbaijani-solar-and-wind-projects-totalling-480-mw-move-forward.html

Uttar Pradesh is revamping its power infrastructure under the Revamped Distribution Sector Scheme (RDSS) to meet growing demand, transition to renewable alternatives, and increase compressed natural gas (CNG) production. According to Power Minister Arvind Kumar Sharma, the state is leading in compressed bio-gas (CBG) production and rooftop solar installations. Ayodhya has been developed as the country’s first solar city, with a 40 MW solar plant installed, and 16 other cities will be developed as solar cities. The state is also implementing smart meters and a technology-based billing system. Union Power Minister Manohar Lal Khattar praised UP’s efforts in infrastructure development, particularly in the power sector. However, the main challenge facing the state is reducing power costs, which has over 3.45 crore consumers to serve. There is a focus on increasing electricity production and solar energy to achieve this goal.

Source: https://timesofindia.indiatimes.com/city/lucknow/uttar-pradesh-to-develop-16-new-solar-cities-under-renewable-energy-initiative/articleshow/115310756.cms

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced that the state government is launching the “Come and Install Solar Power Projects” initiative to promote solar energy projects in the state. The goal is to encourage young entrepreneurs to set up private sector solar projects, which will contribute to the state’s economic growth, generate employment, and promote ecological balance. The government has allocated 300 MW of ground-mounted solar power projects to the private sector, with 62 MW already operational. Additionally, 32 MW of solar power projects have been established in the government sector, with 15 MW more in the pipeline.
The Chief Minister reviewed various activities of the Himachal Pradesh State Electricity Board Limited (HPSEBL) and directed the authorities to adopt innovative measures to increase revenue and resources. He also sought details on energy procurement and expenditure, and directed the Electricity Board to ensure transparency and timeliness in the tender process. The Chief Minister reviewed technical and commercial losses and suggested revenue mapping to improve management. The initiative aims to transform Himachal Pradesh into a green energy state, promoting sustainable development and environmental conservation.

Source: https://www.thestatesman.com/india/himachal-govts-open-invitation-come-and-install-solar-power-projects-1503364776.html

Alpex Solar, a solar module manufacturer based in Greater Noida, has reported significant growth in its financial performance for the first half of FY25. The company’s total revenue increased by 24.67% to Rs 265.66 crore, compared to the same period last year. Its net profit surged by 229.87% to Rs 25.12 crore, driven by increased production and sales. The company plans to boost its production capacity to 2.4 GW, with a focus on expanding its solar module manufacturing and venturing into new green businesses. Alpex Solar is also planning to launch 1.6 GW of solar cell manufacturing, with an initial capacity of 500 MW expected to start production in September 2025. Additionally, the company plans to produce Aluminium frames, undertake 150 MW of EPC business, and 100 MW of IPP capacity. Two subsidiaries, Alpex Green Energies and Alpex Gh2 Private Limited, have been established to focus on EPC and IPP business, and research and development for hydrogen storage devices, respectively.

Source: https://www.saurenergy.com/solar-energy-news/financial-result-alpex-solar-reports-265-crore-revenue-in-h1

Emirates Development Bank (EDB) has committed AED 100 million to Yellow Door Energy (YDE) to accelerate the development of over 60 solar photovoltaic (PV) plants across the UAE. The partnership aims to enhance the sustainable energy landscape for industrial and commercial sectors nationwide. YDE will expand its leasing of solar PV systems, allowing businesses to access solar power through power purchase agreements (PPAs). This will deliver long-term energy cost savings and promote the shift to renewable energy.
The CEO of EDB, Ahmed Mohamed Al Naqbi, emphasized the significance of the collaboration, stating that it represents a new milestone in the bank’s mission to boost the UAE’s renewable energy infrastructure and support its journey to a net-zero future. Jeremy Crane, Group CEO of Yellow Door Energy, highlighted the impact of the financing, stating that it will enhance YDE’s ability to deploy solar solutions and support businesses in achieving Net Zero targets. The financing will empower UAE businesses to reduce carbon emissions, aligning with the nation’s green energy priorities and setting an example of public-private collaboration for economic and environmental progress.

Source: https://solarquarter.com/2024/11/14/emirates-development-bank-partners-with-yellow-door-energy-in-aed-100-million-agreement-to-propel-uaes-solar-energy-expansion/

Holding Slovenske Elektrarne (HSE), Slovenia’s power utility, plans to sell 10% of the annual production from the second phase of the Prapretno solar power plant to the municipalities of Trbovlje and Hrastnik. The 9.8 MW solar plant will be expanded with a 7 MW battery storage system and is expected to be operational in October 2025. The agreement will provide a significant savings for the municipalities, which will use the electricity to supply public buildings and reduce their power bills. The agreement is seen as an example of good practice and cooperation between the investor and local community in the implementation of a renewable energy project.
HSE CEO Tomaž Štokelj emphasized the company’s focus on renewable energy sources and its role in Slovenia’s green transition. The agreement is also seen as a step forward in the company’s cooperation with the Zasavje region, which has a rich energy potential. The municipalities of Trbovlje and Hrastnik praised the agreement, with Trbovlje mayor Zoran Pozni
noting that it will bring significant savings and validate the municipality’s plan to install solar power plants on public buildings.

Source: https://balkangreenenergynews.com/slovenias-hse-to-expand-prapretno-solar-power-plant-install-7-mw-battery/

Alpex Solar, a renewable energy firm, has reported a significant surge in its profit after tax to Rs 25.07 crore in the first half of FY25, a 150% increase from the previous year. The company’s total income rose 30% to Rs 265.66 crore in the same period. The profit growth was driven by strong revenue growth and new project wins, including two orders worth Rs 525.15 crore for solar modules and an order worth Rs 34.51 crore for solar pumps. The company aims to become an integrated cell-to-solutions player in the renewable energy space, expanding its product portfolio and presence. The Managing Director, Ashwani Sehgal, stated that the company is poised for a transformative journey, marking its shift from a solar panel manufacturer to a diversified player in the renewable energy sector.

Source: https://money.rediff.com/news/market/alpex-solar-profit-doubles-in-h1-fy25-rs-25-cr/18428820241113

India’s exports of solar photovoltaic (PV) products have surged 23 times to $2 billion in FY2024 compared to FY2022, according to a report by IEEFA and JMK Research & Analytics. This marks a significant shift from being a net importer to a net exporter of solar products. The report attributes the increase in exports to India’s domestic PV manufacturers looking to sell their products at a higher premium abroad and other countries considering India as a viable option for their “China Plus One” strategy. The US has emerged as a key market for Indian solar PV exports, accounting for over 97% of exports in FY2023 and FY2024. To maintain its foothold in the global market, Indian PV manufacturers must focus on upstream backward integration and balance domestic availability with export demands. The report estimates that annual module production by Indian solar PV manufacturers will likely be 28 GW and 35 GW in FY2025 and FY2026, respectively, but after accounting for exports, the resultant supply will be less than the required 30 GW per annum to meet India’s 2030 renewable energy target.

Source: https://www.bizzbuzz.news/industry/energy/indias-solar-product-exports-show-20-fold-rise-to-2-bn-in-2-years-1342047

Silicon Valley Clean Energy, a public agency, has approved an agreement to purchase renewable energy from a new solar energy and storage infrastructure project in Santa Clara County. VCI Energy will develop the 50MW solar system, which will be the first large-scale solar energy system in the county and the closest to the Bay Area. The project, which is expected to be completed by 2029, will also include a 50MW battery storage system and will generate enough energy to power nearly 36,000 homes per year. The system is an agrivoltaic project, meaning it will grow plants or livestock underneath or between the solar panels. The project is expected to increase Silicon Valley Clean Energy’s resources from solar energy by 4% and help the agency meet the state’s goal of generating 100% renewable energy by 2045. The agency will pay $138 million over 10 years for the energy generated from the system, which will be funded through revenue from its electricity services. The project is expected to bring local jobs and economic benefits to the community.

Source: https://www.paloaltoonline.com/technology/2024/11/12/first-large-scale-solar-energy-and-storage-system-to-be-built-on-peninsula/

The Shafaq Gunesh Solar Power Station, a 240 MW project, was officially launched in the Jabrayil district of Garabagh, Azerbaijan. This event took place as part of the activities surrounding the 29th Conference of the Parties (COP29). The solar power station is a significant investment in Azerbaijan’s renewable energy sector. However, the article is limited to Azernews subscribers, with options for 1-month, 3-month, 6-month, or 1-year subscriptions for full digital access to the news. The article emphasizes the importance of supporting open, independent, and quality journalism, and encourages readers to subscribe to the online newspaper for full access to news, analysis, and more.

Source: https://www.azernews.az/business/233780.html

The Nepal Electricity Authority (NEA) has announced the selected projects for its solar energy tender, which was launched in June. The original plan was to allocate 800 MW of PV capacity, but the authority has increased the allocation to 960 MW across 64 projects. The selected projects range in size from 5 MW to 50 MW, with the lowest bid coming in at 4.99 NPR ($0.037) and the highest at 5.55 NPR. The successful bidders will supply power to NEA for 25 years through a power purchase agreement. Nepal currently has 115 MW of installed solar capacity, according to the International Renewable Energy Agency (IRENA). The additional capacity will help meet the country’s growing energy demands. The procurement exercise is a significant step forward for Nepal’s solar energy sector, which is expected to play a crucial role in the country’s transition to a low-carbon economy.

Source: https://www.pv-magazine.com/2024/11/12/nepal-allocates-960-mw-in-pv-tender-with-lowest-bid-of-0-037-kwh/

Gautam Adani, the founder of Adani Group, is at the forefront of India’s clean energy challenge, which aims to reduce dependence on Chinese imports. The company is setting up a solar supply chain within India, from manufacturing ingots and panels to constructing a massive solar farm in western India. This project reflects India’s dual goals of increasing renewable energy capacity and reducing reliance on Chinese imports. India aims to install 500 gigawatts of renewable energy by 2030, but has only reached two-fifths of that goal. Solar energy makes up nearly half of India’s renewable energy mix, but the raw materials are mostly imported from China. Adani Group’s efforts to create a domestic solar supply chain are a significant step towards achieving these goals. By reducing imports from China, India can reduce its reliance on a single supplier and increase its energy independence.

Source: https://www.caixinglobal.com/2024-11-11/tycoon-drives-indias-push-against-chinas-solar-energy-dominance-102256198.html

A revolutionary breakthrough in renewable energy involves perovskite-based solar cells that can charge any surface or object, paving the way for flexible, affordable, and decentralized energy generation. Unlike traditional silicon-based solar panels, these cells are flexible and thin, making them ideal for installation on various substrates, such as buildings, cars, clothes, and bags. Perovskite cells have recorded energy efficiency standards of over 27%, with potential for further improvement, making them a viable alternative to conventional solar power.
With mass production and commercialization of perovskite solar cells on the horizon, the cost of solar power is expected to plummet, making it competitive with fossil fuels. The potential for widespread adoption is huge, with applications ranging from urban buildings to everyday objects. Imagine buildings generating power through their facades, cars charging on the go, and people powering their devices from their pockets. The future of energy storage may be shaped by this innovation, which could provide clean, efficient, and accessible energy for all. As perovskite solar cells continue to develop, they are likely to be a game-changer for the energy industry and our planet’s transition towards sustainability.

Source: https://www.ecoticias.com/en/innovative-perovskite-solar-cell/8551/

Arctech, a solar tracker company, has started shipping its SkyLine II 1P single-axis solar tracking system to a 320MW photovoltaic project in Buka, Tashkent, Uzbekistan. The project faces severe weather conditions, including strong winds and heavy snowfall, which poses a challenge to installation and operation. Arctech’s SkyLine II system is designed to address these challenges, with a special snow strategy that allows for efficient removal of accumulated snow from panels, ensuring uninterrupted operation during snowy periods. The company’s efficient global supply chain and local service team ensured the smooth progress of the project, with a first batch of deliveries completed within a month of project signing. The completed project will generate 572,502MWh of power annually, reducing carbon emissions and alleviating the current power supply shortage in Tashkent.

Source: https://www.saurenergy.com/solar-energy-news/arctech-expands-solar-tracker-biz-in-uzbekistan

The Rajasthan Renewable Energy Corporation Limited (RREC) has issued a Request for Proposal (RFP) for the design, supply, and installation of 282 MW of grid-connected rooftop solar photovoltaic power projects on government and government undertaking buildings in Rajasthan. The RFP allows bidders to submit capacity bids ranging from 5 MW to 100 MW, with a minimum allocation of 5 MW per bidder across the state’s districts. The tender document includes essential dates, with a pre-bid meeting scheduled for November 12, 2024, and a deadline for submitting bids on November 26, 2024. The successful bidder will be required to furnish a Construction Performance Bank Guarantee (C-PBG) at 3% of the project’s total cost. The Comprehensive Operation and Maintenance (O&M) contract covers 25 years, with performance rewards for early project completion. Technical eligibility requires bidders to have prior experience in designing, installing, and commissioning at least one grid-connected solar PV project with a capacity of at least 5 kWp and a cumulative capacity of 10% of the quoted bid.

Source: https://solarquarter.com/2024/11/11/rajasthan-renewable-energy-corporation-issues-rfp-for-282-mw-rooftop-solar-projects-with-25-year-om-plan/

Manchester City Women’s Football Club has made a significant step towards sustainability by installing almost 3,000 solar panels on the roof of its stadium. The installation, which is one of the largest of its kind in the UK, will generate enough electricity to power the stadium and reduce the club’s carbon footprint. The solar panels will produce over 1 million kilowatt-hours of electricity per year, which is equivalent to the annual energy consumption of around 250 homes. The project is part of Manchester City’s commitment to becoming a more sustainable and environmentally responsible organization. The club has set a target of reducing its carbon emissions by 50% by 2025 and has implemented a range of initiatives to achieve this goal, including the installation of solar panels, energy-efficient lighting, and a biomass boiler. The solar panel installation is expected to save the club around £30,000 per year on its energy bills.

Source: https://www.businessgreen.com/news/4377969/solar-panels-installed-manchester-city-womens-stadium

The Mojave Desert, a unique and ecologically sensitive landscape, is being considered as a site for solar energy projects. However, environmentalists, researchers, and scientists argue that this is not a good idea. The desert is home to a variety of ecosystems and species that have evolved over thousands of years, and covering it with solar panels would disrupt these ecosystems and degrade the environment. Land clearing for solar power would harm delicate ecosystems, raise the possibility of soil erosion, and put local species in greater danger. Additionally, restoring habitats in the Mojave’s extreme arid environment is challenging, if not impossible. Solar farms also increase the warmth of the surrounding area, affecting local microclimates and desert temperatures, which could upset the fragile balance of the ecosystem. Conservationists suggest installing solar panels on roofs, in cities, or on already impacted sites, which could provide energy needs without harming the environment. Striking a balance between environmental protection and renewable energy commitments is crucial for a sustainable future.

Source: https://www.eldiario24.com/en/americas-best-known-desert-cover-solar/3787/

UK startup Space Solar has partnered with Reykjavik Energy to build a 30-MW demonstrator for a space-based solar power plant in Iceland, aiming to have it operational by 2030. The plant would be located in geosynchronous orbit, 22,236 miles above the Earth, where it would remain fixed and receive near-continuous sunlight. The collected solar energy would be converted into microwaves and beamed to receivers on Earth, which would convert the microwaves back into electricity. While the concept has been proposed since the 1970s, the engineering challenges and costs have been significant. NASA estimates that space-based power would be 12 to 80 times more expensive than ground-based renewables. Despite these challenges, Space Solar is confident in its technology and plans to scale up its demonstrator to gigawatt capacity by 2036. The company is scouting additional receiver sites in Iceland, Canada, and northern Japan. The partnership with Reykjavik Energy is seen as a significant step towards making space-based solar power a reality and driving the energy transition.

Source: https://newatlas.com/energy/iceland-first-nation-space-solar-power/

NTPC Limited has declared Hexa Climate, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender was issued in June and results were released within four months. The winning projects were allocated as follows: Hexa Climate received 300 MW at Rs. 4.69/kWh, ACME Solar received 400 MW at Rs. 4.70/kWh, and Avaada received 60 MW out of its quoted capacity of 250 MW at Rs. 4.70/kWh. The tariffs allocated for this project are higher than NHPC’s FDRE tender results and NTPC’s previous FDRE tender. NTPC’s management has stated that they are selective in their participation in FDRE tenders, considering factors such as risk profile and expected returns. They are not solely focused on adding capacity, but rather calibrating different aspects of the project before making a decision. NTPC’s approach to FDRE tenders is shifting towards pure solar and wind projects, with a focus on evaluating the mix, stipulations, and guaranteed parameters of each project.

Source: https://www.saurenergy.com/solar-energy-news/hexa-climate-acme-and-avaada-energy-secure-ntpcs-fdre-project

Greenzo Energy, an Indian company, has secured a major EPC project to develop a 120 MW ground-mounted solar project in Nepal. The project, valued at Rs. 500 crore, is part of the company’s commitment to strengthening clean energy infrastructure in South Asia. The project will be structured across 12 clusters, each with a 10 MW solar installation, and will be fully ground-mounted with a high-tension transmission line to connect directly to the Nepal Electricity Authority (NEA) grid. Greenzo will serve as the EPC provider, bringing its expertise in large-scale solar projects to this cross-border initiative. The project is expected to generate over 500 job opportunities in the region and will be led by Mr. Kushal Agarwal. The company’s Managing Director, Mr. Sandip Agarwal, stated that the project marks a significant step in advancing sustainable energy infrastructure and strengthening cross-border energy partnerships.

Source: https://www.ahmedabadmirror.com/greenzo-energy-secures-120-mw-solar-project-in-nepal/81878986.html

A delegation from the National Institute of Technology (NIT) Srinagar’s Mechanical Engineering Department, along with senior Electrical Engineering students, met with industrial union representatives of Bagh-e-Ali Mardan Khan (BAMK) to discuss 100% solar rooftop installation in the industrial area. The meeting was initiated by Dr. Saad Parvez and attended by former KPDCL Managing Director and Chief Engineer Er. Bashir Ahmad Dar, and several industrial unit holders. The NIT students presented a comprehensive proposal based on their survey of the industrial area, which included potential solar power generation estimates, cost analysis, and return on investment projections. The stakeholders agreed to finalize the Detailed Project Report (DPR) within a week for submission to higher authorities. The initiative aims to promote sustainable energy implementation in the industrial sector and has the potential to benefit the broader Shahri Khas area.

Source: https://www.greaterkashmir.com/education/nit-srinagar-plans-solar-initiative-with-bagh-i-ali-mardan-khan-industrial-unit-holders/

The concept of deploying solar panels in space for energy production is gaining momentum, with several countries investing in the technology. The UK, Japan, and China are among the leaders in this field, while the European Space Agency (ESA) aims to lead a trillion-dollar industry. The idea is to place a vast array of solar panels in a high, geostationary orbit, where they can receive near-continuous sunlight and convert it into microwave beams that can be transmitted to Earth. The technology has the potential to provide a stable, year-round supply of solar energy, and could be used to power remote military bases, civilian communities, and even entire countries. While the cost of launching and assembling the solar array is currently high, advancements in reusable satellite launchers and solar-powered electric propulsion technology could reduce costs and make the project economically viable. The development of space-based solar fields could also facilitate in-flight recharging of military aircraft and grant unmanned aerial vehicles virtually limitless flight endurance.

Source: https://www.ynetnews.com/health_science/article/hj4qg0nzke

Tata Power has entered into an agreement with the Noida International Airport (NIA) worth Rs 550 crore, which includes the supply of solar and wind power, as well as the development of essential dry utilities and smart energy infrastructure. Under the agreement, Tata Power will supply 10.8 MW of wind power and develop a 13 MW onsite solar power capacity to meet the airport’s energy needs. Tata Power will also develop and maintain critical dry utilities, such as electrical infrastructure, for 25 years. The company will manage the complete renewable energy portfolio and ensure NIA’s clean energy needs are met through a comprehensive Power Purchase Agreement (PPA). The CEO of Tata Power and the CEO of NIA celebrated the partnership, stating it will support the development of Net Zero Airports and accelerate the country’s transition to a greener future. The partnership demonstrates Tata Power’s commitment to sustainable energy solutions and highlights the potential for replicating the model across India’s airport infrastructure.

Source: https://www.thestatesman.com/business/tata-power-to-supply-wind-solar-energy-to-run-noida-airport-1503362338.html

EKI Energy Services Limited has registered Azerbaijan’s first voluntary carbon market project, using renewable solar energy. The “Project Area 60” is a 230 MW solar project in Baku and Absheron districts, which is expected to reduce approximately 274,074 tons of carbon emissions annually. The project aligns with several United Nations Sustainable Development Goals (SDGs), including Affordable and Clean Energy, Decent Work and Economic Growth, and Climate Action. This marks Azerbaijan’s entry into the voluntary carbon market and its first large-scale solar initiative. The project’s crediting period will run from January 1, 2024, to January 1, 2029. EKI’s Chairman and Managing Director, Manish Dabkara, said that the project paves the way for further climate action and international cooperation, highlighting the practical steps that nations can take to align with the Paris Agreement’s goals. The registration comes ahead of the 29th Conference of Parties (COP29) on November 11, adding momentum to global climate objectives.

Source: https://energy.economictimes.indiatimes.com/news/renewable/eki-registers-azerbaijans-first-voluntary-carbon-market-solar-project-ahead-of-cop29/115102654

Taiwan has deployed the world’s largest floating solar plant, which has nearly doubled its renewable energy capacity. The plant can now supply power to around 74,000 Taiwanese households and helps the country offset 136,000 tons of CO2 annually, equivalent to burning 150 million pounds of coal. However, some locals have raised concerns about the plant’s potential impact on the local ecosystem, citing the presence of protected bird species and risk of water contamination. Officials are monitoring the area for any environmental effects, and developers are crafting emergency response procedures in case of an accident. The project will help Taiwan reach its goal of installing 20 gigawatts of renewable energy capacity by next year, enough to power 6 million average US homes.

Source: https://san.com/cc/worlds-largest-floating-solar-plant-debuts-drawing-environmental-concerns/

Sunsure Energy, a leading renewable power producer, has partnered with RACL Geartech Limited, an automotive component manufacturer, to supply 6 million units of renewable energy annually to RACL’s manufacturing facility in Gajraula, UP. The partnership is part of RACL’s sustainability objectives, aiming to generate 50% of its energy from non-fossil fuel sources over the next five years. Sunsure Energy will deliver clean energy to RACL, offsetting 4,300 metric tonnes of CO₂ emissions each year and reducing the company’s carbon footprint. The power purchase agreement was signed in July 2023 and allows RACL to source over 40% of its energy needs from clean sources. This partnership highlights the growing adoption of renewable energy in India’s industrial sector, offering both sustainability and cost-effectiveness benefits in the transition to a cleaner energy future.

Source: https://apacnewsnetwork.com/2024/11/sunsure-energy-begins-supplying-solar-power-to-racl-geartechs-up-facility/

The Noida International Airport Limited (NIAL) has signed two agreements with Tata Power to supply wind and solar power to the upcoming greenfield airport project in Jewar, Greater Noida. The airport is expected to become operational by April 17, 2025. Under the agreements, Tata Power will supply 10.8MW of wind power and develop a 13MW onsite solar power capacity to meet the airport’s energy needs. The project involves an investment of ₹550 crore and will provide operation and maintenance services for the essential electrical infrastructure over a 25-year period. The airport will begin operations with one runway and one terminal, with the capacity to handle 12 million passengers annually, and will expand to handle 70 million passengers annually after the development of four phases. The partnership with Tata Power marks a major step forward in the airport’s sustainability journey, with over half of its energy needs coming from renewable sources. Flight trials will begin on November 15, and the project is expected to receive a smooth supply of power as per demand without any interruption.

Source: https://www.hindustantimes.com/cities/noida-news/tata-and-noida-airport-sign-two-agreements-for-wind-and-solar-power-supply-101731005478481.html

Dentons, a global law firm, advised a major Turkish renewable energy group on the acquisition of two energy projects in Romania, including a 45 MW solar project, a 41 MW solar project, and additional 50 MW energy storage capacity. The Turkish group, with experience operating 500 MW of solar energy in Turkey, is expanding its presence in Romania. Dentons’ team, led by senior associate Cosmin Roman, advised on all aspects of the transaction, from due diligence to closing. The deal demonstrates the growing interest in Romania’s energy sector, driven by its potential for wind and solar energy.

Source: https://legaldesire.com/dentons-advises-two-turkish-companies-on-the-acquisition-of-45-mw-41-mw-and-11-mw-solar-and-energy-storage-projects-in-romania/

The Solar Energy Corporation of India (SECI) has banned Reliance Power and its subsidiaries from participating in tenders for 3 years due to the submission of allegedly fake documents. The issue arose when Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) bid on a 1000 MW/2000 MWh standalone Battery Energy Storage System (BESS) project in June. SECI discovered that the bank guarantee endorsement issued by a foreign bank was fraudulent. The bidder had relied on financial qualifications provided by its parent company, Reliance Power, to meet the tender’s requirements. SECI concluded that the decision-making and financial strategies of Reliance NU BESS Ltd. were influenced by its parent company. As a result, SECI cancelled the tender process. This development comes as SECI prepares to tender 20 GW of projects in the current fiscal year, part of the government’s goal to tender 50 GW of green energy projects annually through SECI until FY28. SECI plays a crucial role in driving India’s renewable energy sector.

Source: https://www.energetica-india.net/news/seci-bars-reliance-power-for-3-years-over-fake-document

Greenzo Energy, an Indian company, has secured a major EPC project to develop a 120 MW ground-mounted solar power plant in Nepal. The project, valued at Rs. 500 crore, is part of Greenzo’s commitment to strengthening clean energy infrastructure in South Asia and supporting Nepal’s renewable energy goals. The project will be implemented in phases, with a planned completion date of 2025, and will feature 12 clusters of 10 MW solar installations. The project will also create over 500 job opportunities during development and implementation. As the EPC provider, Greenzo will manage the end-to-end execution of the project, utilizing its experience in large-scale solar projects. Sandeep Agarwal, Managing Director of Greenzo, expressed enthusiasm for the project, stating that it marks a significant step in advancing sustainable energy infrastructure and fostering cross-border energy partnerships. The project is seen as a key step in Greenzo’s goal of building a sustainable and resilient energy future that benefits global communities, economies, and ecosystems.

Source: https://solarquarter.com/2024/11/07/greenzo-energy-secures-rs-500-crore-epc-contract-for-120-mw-solar-project-in-nepal/

Meta, a social media giant, has signed a deal with ENGIE North America to purchase 260 MW of renewable energy from the Sypert Branch solar project in Milam County, Texas. This deal is part of Meta’s efforts to achieve net-zero emissions and support its growing energy demands. The solar project is expected to be constructed and operated by ENGIE by the end of 2025 and will add to Meta’s renewable energy portfolio, which currently stands at over 12 GW worldwide. The deal is a testament to Meta’s commitment to renewable energy, which has seen the company achieve net-zero emissions across its global operations since 2020. ENGIE, a leading global renewable energy provider, is proud to be partnering with Meta to support the company’s sustainability goals. The Sypert Branch project is expected to have a positive impact on the local economy, creating over 300 jobs and generating $69 million in tax revenue throughout the project timeline.

Source: https://carboncredits.com/engie-powers-up-meta-new-260-mw-solar-deal-fuels-net-zero-goals/

ZE Energy, a French company, has raised €54 million (USD $57.8 million) to expand its photovoltaic power plants and energy storage solutions across Europe. The funding will support the company’s growth over the next two years, particularly through the financing of its European expansion. ZE Energy develops and operates hybrid photovoltaic power plants with energy storage, as well as finances projects that provide long-term renewable energy solutions at fixed prices. The company aims to have a portfolio of 900 MW in PV energy production and 600MWh of storage by 2026. The new investment will enable ZE Energy to capitalize on the growing interest in its model, which combines solar power generation and energy storage to mitigate price volatility in the market. The funding was led by Amundi Energy Transition, with participation from new and existing investors. The CEO of Amundi Transition Énergétique expressed optimism about the potential of infrastructure solutions combining solar energy production and storage to decarbonize the electricity system.

Source: https://www.esgtoday.com/solar-and-storage-developer-ze-energy-raises-e54-million-to-fund-expansion-across-europe/

Navitas, a solar PV module manufacturer, has partnered with Ariel Green, the Clean Energy division of Ariel Re, to strengthen the performance of their solar PV modules. This partnership aims to provide long-term financial protection for PV projects. Navitas is committed to delivering high-quality solar panels with enhanced performance guarantees. The collaboration with Ariel Green and Howden, an insurance consultant, ensures that Navitas’s customers have peace of mind, knowing their solar panels are backed by high-quality insurance products. The partnership provides a solid platform for domestic panel manufacturers to compete with international brands, as it guarantees a 12-year product warranty and 25-year (or 30-year, depending on the module type) power warranty. This cooperation will contribute to the success of the solar energy mission in India, supporting the country’s transition to renewable energy sources.

Source: https://www.energetica-india.net/news/navitas-signs-partnership-with-ariel-green-to-strengthen-solar-pv-module-performance

Covestro (India) Private Limited, a high-performance polymer manufacturer, has signed a 25-year power purchase agreement with Amplus Solar Shakti Private Limited, a subsidiary of Amplus Energy Solutions PTE Ltd, Singapore, to significantly reduce its carbon footprint and enhance operational efficiency. The agreement will enable Covestro to source 60% of its annual energy requirements from solar power at its Greater Noida facility. This transition is expected to reduce CO2 emissions by up to 5,000 tons annually and advance towards a circular economy. The partnership reflects Covestro’s commitment to green energy initiatives, environmental stewardship, and fiscal responsibility, setting a benchmark for sustainable practices in the chemical industry. The deal is also supported by India’s government’s push for renewable energy integration.

Source: https://thecsruniverse.com/articles/covestro-india-amplus-solar-shakti-sign-agreement-for-solar-power-in-greater-noida

The International Solar Alliance (ISA) has elected the Republic of France and Grenada as its Co-Presidents for 2024-26 at its seventh session in New Delhi, India. The ISA Assembly, the apex decision-making body, has also elected Vice Presidents from each of the four regional groups, representing Africa, Asia, Europe, and Latin America. The Assembly will focus on key initiatives, including energy access, energy security, and energy transition, to address pressing global concerns. Additionally, the ISA has selected Ashish Khanna from India as its new Director General, who will play a crucial role in supporting member countries in scaling up solar energy deployment globally. Khanna plans to focus on collaboration and knowledge sharing among members to achieve ISA’s goals. The ISA is an international organization with 120 member and signatory countries, aiming to unlock $1 trillion in solar investments by 2030 and reduce the cost of solar technology. Its mission is to promote solar energy in various sectors, including agriculture, health, transport, and power generation, to achieve a carbon-neutral future.

Source: https://www.indianchemicalnews.com/general/india-retains-presidency-of-international-solar-alliance-23948

The International Solar Alliance (ISA) has selected Ashish Khanna from India as its new Director General. Khanna, currently head of the World Bank’s west and Central Africa program, will succeed Dr. Ajay Mathur, who will lead the organization until March 2024. The new Director General will focus on supporting ISA member countries in addressing common solar energy challenges and promoting the deployment of solar energy globally. Dr. Mathur, the outgoing Director General, praised Khanna’s unique energy, vision, and passion, and expressed confidence in his ability to lead the Alliance to new heights. Under Dr. Mathur’s leadership, ISA has achieved notable milestones, including a significant increase in member and signatory countries, completion of demonstration projects, and identification of 50 start-ups with potential to drive their countries’ solar energy transition. As he steps down, Dr. Mathur looks forward to being remembered as the Director General who provided direction for the globalization of solar energies.

Source: https://www.saurenergy.com/solar-energy-news/ashish-khanna-to-take-charge-as-3rd-dg-at-isa

India has made significant progress in its transition to renewable energy. The government has approved 50 solar parks with a combined capacity of 37.5 GW, and has identified potential offshore wind energy sites to reach its goal of 30 GW by 2030. India has set a target of 500 GW of renewable energy by 2030, with 90 GW of solar energy installed so far. The government has also increased funding for solar power projects in the 2024-25 budget, and has implemented exemptions on critical mineral imports. The PM-Surya Ghar Muft Bijli Yojana and PM-KUSUM scheme aim to encourage communities to generate their own renewable energy, while the Production Linked Incentive scheme supports India’s solar manufacturing sector. The government is committed to making a tangible impact on the ground, setting a benchmark for sustainable growth and contributing to a global energy transition.

Source: https://asian-power.com/news/india-green-lights-nearly-375-gw-solar-parks

The solar energy market is expected to experience significant growth driven by increasing demand for renewable energy sources, declining installation costs, and supportive government policies. By 2031, the global solar energy market is projected to reach a value of USD 1.3 trillion, growing at a CAGR of 12.4% from 2024 to 2031. The market will be driven by rising demand for solar-powered electricity, sustainable infrastructure development, and decreasing prices of solar panels.
The market will be segmented into residential, commercial, and utility-scale installations, with residential installations projected to be the largest segment. Asia-Pacific will be the largest market, driven by China, India, and Japan. The Middle East and Africa will also witness significant growth, driven by governments’ initiatives to reduce carbon emissions.
Key trends shaping the market include:
* Advancements in solar panel technology, enabling higher efficiencies and lower costs.
* Increased adoption of rooftop solar and community solar programs.
* Growing demand for off-grid solar systems in rural and remote areas.
* Rising use of energy storage solutions to complement solar energy.
Overall, the solar energy market is poised for continued growth, driven by increasing awareness of climate change, supportive policies, and decreasing costs.

Source: https://www.openpr.com/news/3718318/solar-energy-market-emerging-trend-and-global-demand-2024

Counties Energy has launched the “Solar Cars Grand Prix” education initiative to promote science, technology, engineering, and mathematics (STEM) learning among local students. The program aims to reach 4,800 students across 120 classrooms in Franklin-based schools, focusing on Year 4 to Year 10 students. The program involves transforming wooden cars into solar-powered vehicles, teaching energy transformation and conversion. The kit includes solar panels, wheels, and other materials, and is fully supported by project partner School Kit. The program also includes electrical safety messaging, reinforcing Counties Energy’s mission to educate communities about electricity safety. This initiative builds on the company’s existing efforts, which have provided educational kits to over 60 local schools, 500 classrooms, and 16,000 students since 2017. The program is designed to inspire the next generation of engineers and energy innovators while promoting electrical safety.

Source: https://evsandbeyond.co.nz/counties-energy-launches-solar-cars-grand-prix-education-programme/

Minister for Energy, Water Resources, and Irrigation, Deepak Khadka, has left for New Delhi to participate in the 7th International Solar Alliance conference. The conference is scheduled to take place from November 3 to 6 and aims to promote the widespread adoption of solar energy. The event will bring together heads of state and experts to discuss strategies to enhance access to solar energy, ensure energy security, and advance energy development. The minister will lead a delegation that includes senior energy expert Prabal Adhikari, Director General of the Electricity Development Department Navin Raj Singh, and his financial advisor Amit Shrestha. The conference aims to mobilize over USD 1 trillion in investments for solar energy, which is expected to support Nepal’s goal of achieving net-zero carbon emissions by 2045.

Source: https://thehimalayantimes.com/nepal/energy-minister-departs-for-india-to-attend-7th-international-solar-alliance

The Assam government has outlined a plan to make 35 districts in the state solar-powered. The District Level Committee (DLC) has finalized the list of villages to be covered under the solar power project. Once the list is finalized, the Assam Energy Development Agency will prepare a detailed project report (DPR) for each village in collaboration with the Assam Power Distribution Company Limited (APDCL). The report will outline the necessary steps to transition each village to solar power. The project aims to reduce reliance on traditional energy sources and promote a cleaner and more sustainable energy future for the state. The project is a significant step towards reducing carbon footprint and meeting the growing energy needs of the region.

Source: https://assamtribune.com/assam/assams-solar-vision-35-districts-to-be-solar-powered-plans-underway-1556779

The CEO of Gennex Technologies, Patrick Ilo, believes that Nigeria’s energy landscape is conducive to solar energy growth due to rising fuel costs and persistent power supply disruptions. He urges Nigerians to adopt solar energy as a sustainable solution for their energy needs and highlights that limited financing is a major barrier to renewable energy expansion. Ilo proposes that banks invest in renewable energy with flexible repayment terms to drive sustainable energy solutions.
At a colloquium, the Commissioner for the Lagos State Ministry of Energy and Mineral Resources, Biodun Ogunleye, discussed the importance of AI-driven innovations in the renewable energy sector. He noted that AI is enhancing the efficiency, scalability, and sustainability of clean energy systems by analyzing vast amounts of data in real-time. Ogunleye emphasized the need for inclusive growth in renewable energy, ensuring equitable access to clean energy, and investing in infrastructure for rural and underserved communities. He also stressed the importance of workforce development and empowering women and marginalized groups in leadership roles within the sector. The panelists highlighted the potential for AI-driven innovations to shape the renewable energy landscape and promote sustainable growth in Nigeria.

Source: https://punchng.com/rising-fuel-costs-power-failures-will-boost-solar-adoption/

Gombe State Government has signed a Memorandum of Understanding (MoU) with China18th Engineering to establish a 100-megawatt solar energy plant, aiming to enhance energy self-sufficiency in the state. The MoU comes after a discussion between Governor Muhammadu Inuwa Yahaya and top executives from China Railway 18th Bureau Group. The project is expected to increase electricity supply, create jobs, and boost investments. According to the Governor, local power generation is crucial for economic growth and addressing frequent power outages. The project will also contribute to the state’s independence from the national grid, which was severely tested during a recent nationwide blackout. The Governor praised the partnership as a key step towards sustainable energy solutions and economic resilience. The company, China Railway 18th Bureau, expressed confidence in its ability to deliver a high-quality solar energy system, highlighting the Governor’s vision for energy independence and economic development. The event was attended by various officials from both sides, marking an important step towards advancing the project.

Source: https://tribuneonlineng.com/gombe-govt-chinese-firm-sign-mou-for-100-megawatt-solar-energy-plant/

The Odisha Bytes reports that the School of Agritech and Biosciences (SOA) at Bhubaneswar is hosting a 2-day TPCODL Training Programme on Solar Energy. The programme aims to provide comprehensive knowledge on various aspects of solar energy, including its technology, applications, and benefits. The training will cover topics such as solar power system design, installation, and maintenance, as well as its potential uses in various sectors like agriculture, industry, and residential areas. The programme will also explore the challenges and opportunities in the solar energy sector, as well as the role of policy initiatives and government incentives in promoting its adoption. The training is designed to equip participants with the knowledge and skills needed to design, install, and maintain solar energy systems, and to make informed decisions about their integration into various sectors. The TPCODL Training Programme on Solar Energy will be facilitated by industry experts and academicians with experience in the field.

Source: https://odishabytes.com/2-day-tpcodl-training-programme-on-solar-energy-at-bhubaneswars-soa/

A recent study by the Fraunhofer Institute for Solar Energy Systems (ISE) in Germany found that the power specifications stated on solar module nameplates tend to be too high. The study analyzed approximately 6,349 module power measurements taken since 2012 and found that the rate of deviation between reported nominal output and actual output has increased significantly. In 2023, the average deviation was 2.2%, with 80% of modules deviating by up to 4% away from their rated power. The study also found that manufacturers have been overstating their module power ratings, leading to overpayment of around €80-140 million in the German wholesale market alone. This trend could be attributed to the rapid decrease in solar module prices since September 2023. The study suggests that manufacturers may be overestimating their module power ratings to remain competitive in the market. The finding has implications for the global solar industry, as manufacturers may be overpaying for modules and customers may be overestimating their expected solar power yield.

Source: https://www.pv-magazine-australia.com/2024/11/02/on-the-small-side-module-power-output-distortion-on-rise/

Tigo Energy, a leading provider of intelligent solar and energy software solutions, has announced that solar development company Apollo Flutuantes will deploy 97,200 Tigo optimizers in Brazil’s largest floating solar plant. The project, scheduled to be completed in December 2025, will be located on the Lajeado Hydroelectric Power Plant reservoir in Tocantins, Brazil. The floating solar project marks a milestone in Brazil’s renewable energy landscape, which ranks eighth globally for solar electricity generation. The project features innovative solutions, including high-albedo platforms and Tigo TS4-X-O devices for optimization, monitoring, and safety. The Tigo TS4-X-O MLPE devices will support solar modules up to 800W at 25A. The project will demonstrate the potential of floating solar to leverage Brazil’s vast rivers and water resources for solar energy generation. The project’s goal is to set a new standard in innovation for clean energy projects, paving the way for the growth of solar energy in Brazil.

Source: https://www.socialnews.xyz/2024/11/01/tigo-energy-customer-to-deploy-brazils-largest-floating-solar-plant-with-97200-optimizers/

The Climate Investment Funds (CIF) has approved a $1 billion plan to upgrade Turkey’s electricity grid to accommodate more renewable energy sources. The project, backed by the European Bank for Reconstruction & Development (EBRD) and World Bank, aims to attract over $3.8 billion from other investors. The plan will increase Turkey’s transmission infrastructure, strengthen connections, and invest in smart-grid technologies. This will enable the integration of an additional 60 gigawatts of wind and solar energy capacity by 2035, enough to power around 70 million homes for a year. The project is seen as a crucial step towards achieving Turkey’s goal of achieving net zero emissions by 2053. Turkey’s Deputy Minister of Finance, Osman Çelik, emphasized the country’s commitment to renewable energy and “green development goals.” This project follows similar initiatives in other REI programme countries, including Brazil, Colombia, Costa Rica, Fiji, Kenya, and Mali. The upgrade will make Turkey’s power grid more flexible, responsive, and better equipped to handle the increased use of intermittent wind and solar power.

Source: https://www.duvarenglish.com/climate-investment-funds-approves-1b-plan-to-upgrade-turkeys-power-grid-news-65194

The Brazilian Cooperative of Rural Producers of Monteiro (Capribom) is a success story in the northeastern region of Brazil. The cooperative has 583 registered members and produces a variety of dairy products, including milk, cheese, and yogurt. The cooperative has overcome challenges, including the COVID-19 pandemic, due to the installation of solar panels on its headquarters in 2018. The solar system has reduced energy costs by 90%, allowing the cooperative to continue operating during the pandemic. The cooperative has also benefited from government programs, including the National School Feeding Programme and the Food Acquisition Programme. The cooperative’s president, Fabrício de Souza Ferreira, has emphasized the importance of reducing dependence on government programs and expanding the market to reach more customers. The cooperative is also working to recover the Goat and Sheep Slaughterhouse of Monteiro, which was built in 2000 but never put into operation. The slaughterhouse will have a capacity to slaughter 120 small animals daily and will be the only one in Paraíba to comply with sanitary standards. The cooperative’s success is attributed to its leadership, solar energy, and government support.

Source: https://www.ipsnews.net/2024/11/solar-energy-saves-dairy-cooperative-brazils-semi-arid-region/

The Coimbatore District Small Industries Association (CODISSIA) has proposed to the Tamil Nadu government to provide a 15% capital subsidy to Micro, Small, and Medium-scale Enterprises (MSMEs) for installing rooftop solar panels. This would reduce power costs by 30% for MSMEs, benefiting nearly 40% of them. The scheme would be more suitable for units operating in their own premises, while those renting space might need to collaborate with other units to make it feasible. The State government has taken note of the proposal and is expected to make a positive announcement soon. The Central government already offers a 2% interest subvention for solar energy projects through the Small Industries Development Bank of India. The maximum demand of most micro units is 10-30 KW, and the association is hopeful of a favorable response. Meanwhile, the President of the Coimbatore district job working powerloom weavers’ association believes that a 25% subsidy would encourage at least 50% of powerloom units to opt for solar energy, as their maximum demand is about 10 KW.

Source: https://www.thehindu.com/news/cities/Coimbatore/msmes-pitch-for-subsidy-for-solar-energy-installations/article68818928.ece

TotalEnergies ENEOS has successfully installed a 1.8 MWp floating solar photovoltaic (PV) system in Thailand, in collaboration with S. Kijchai Enterprise, a local manufacturer of wood-based panels. This is the second PV system installed for S. Kijchai and TotalEnergies ENEOS’ first floating solar project in the Asia Pacific region. The solar PV system features over 3,000 modules and is expected to generate approximately 2,650 MWh of renewable electricity annually, reducing S. Kijchai’s carbon footprint by about 1,125 tons of CO2 emissions. Under a 12-year Power Purchase Agreement (PPA), TotalEnergies ENEOS fully funded, installed, and will operate the system, with S. Kijchai paying for the electricity generated. The project marks a significant step towards S. Kijchai’s sustainability goals and demonstrates TotalEnergies ENEOS’ commitment to supporting industrial clients in their decarbonization journey.

Source: https://solarquarter.com/2024/11/01/totalenergies-eneos-launches-thailands-first-floating-solar-pv-system-with-s-kijchai-enterprise/

The Clean Energy Council (CEC) has been reappointed to determine the eligibility of products for small-scale technology certificates under the Small-scale Renewable Energy Scheme (SRES). The CEC plans to implement reforms, including streamlining processes, improving customer service, and enhancing communication. The organization will also establish a manufacturer working group and regular performance reporting to the industry and the Clean Energy Regulator. The SRES scheme allows consumers to claim certificates by installing small-scale renewable energy systems, such as rooftop solar PV, which has driven the growth of the industry, with over 20GW installed in 2023. The CEC will focus on improving the programme, including enhancing the user experience and increasing staff capacity to meet growing demand.

Source: https://www.pv-tech.org/clean-energy-council-australia-solar-module-inverter-assurance-body/

The owner of Frost River Trading, Chris Benson, shares his positive experience with solar energy in Duluth, Minnesota. The company has installed 140 solar panels on their building, which have been generating energy for about a year. Benson notes that solar power is a strong opportunity in the region due to its abundant sunshine. He also emphasizes the maintenance-free aspect of solar panels, which reduces costs. The company has already seen a significant reduction in their electric bill, with the excess energy generated generating a credit on their utility bill. Benson is mindful of energy consumption and upgrades their equipment to be more energy-efficient. Overall, the company is “more or less” at break-even point in four and a half years, and benefits from the cost savings and environmental benefits of solar power. The story highlights the potential for solar energy in the region and invites readers to learn more about solar panel installation in Duluth.

Source: https://www.wdio.com/front-page/top-stories/frost-river-trading-saving-money-and-energy-through-solar-power/

Meta has announced an agreement to purchase all energy output from the 260-MW Sypert Branch solar project in Texas, set to come online in late 2025. The project will supply power to a Meta data center 10 miles away in Temple. This deal adds to Meta’s already announced 12 GW of renewable energy procurement, which includes 75 solar projects and 21 wind projects. The company has also signed deals with RWE for 374 MW of solar power and Sage Geosystems for up to 150 MW of geothermal energy. ENGIE, the company developing the Sypert Branch project, has signed 1 GW of power purchase agreements in the US for 2024, including this deal. Meta is a founding member of the Electric Power Research Institute’s data center flexibility initiative, which aims to advance new opportunities for digital infrastructure. The company believes efforts like this initiative are crucial to advancing cross-industry efforts to reduce carbon emissions.

Source: https://www.utilitydive.com/news/engie-meta-solar-energy-data-center-purchase-agreement-power/731649/

The Chinese Ministry of Ecological Environment (MEE) has announced a public consultation on new environmental protection measures for land-based wind and solar energy projects. The proposed regulations aim to manage projects based on their capacity and environmental sensitivity. Projects over 200,000 kilowatts or located in sensitive areas will require comprehensive Environmental Impact Reports (EIRs). The draft regulation outlines a tiered approval process, with larger projects requiring provincial-level approval and smaller projects getting approval from local authorities. The regulation also encourages authorities to consider supporting infrastructure, such as access roads and transmission lines, in their environmental assessments. The MEE’s move comes as concerns about the environmental impact of renewable energy development grow. A recent report highlighted the need for more thorough biodiversity baseline surveys and stakeholder engagement to ensure effective regulation. The public consultation will run until November 18. The MEE’s new regulation aims to mitigate potential environmental impacts of wind and solar projects, such as damage to migratory bird habitats and disruption of migration routes.

Source: https://dialogue.earth/en/digest/draft-regulation-on-environmental-impacts-of-wind-and-solar-projects-publicised/

Assan Alüminyum, a leading flat-rolled aluminium producer, has strengthened its sustainability efforts by acquiring a 10 MWp solar power plant in Karaman, Turkey. The facility, covering 11.37 hectares, is a significant step in the company’s commitment to renewable energy production and carbon reduction. The acquisition aligns with its Decarbonization Roadmap, aiming to reach net-zero carbon emissions by 2050. The plant will help reduce the company’s carbon footprint by offsetting Scope 2 market-based emissions.
Göksal Güngör, General Manager of Assan Alüminyum, emphasized the importance of renewable energy in the company’s strategy, saying, “We are taking another important step toward increasing our renewable energy portfolio and reducing our carbon emissions.” The company already operates a hydroelectric renewable energy facility in Manavgat, generating clean energy equivalent to its annual electricity consumption, supporting its sustainability goals. Assan Alüminyum also implements energy efficiency projects, reducing natural gas and electricity consumption. The company’s sustainability efforts have received global recognition, including the Aluminium Stewardship Initiative’s Performance Standard Certificate and a $90 million green loan from the International Finance Corporation.

Source: https://www.prnewswire.com/news-releases/assan-aluminyum-acquires-solar-power-plant-to-boost-sustainability-efforts-302291585.html

The Guangzhou Institute of Energy Conversion, part of the Chinese Academy of Sciences, is exploring the possibility of combining wave, wind, and solar energy to meet the daily energy needs of users and support development in the South China Sea, which is disputed by China and other countries. The project aims to prove the feasibility of generating large-scale renewable energy in the high seas, building on earlier research into wave-energy power generation devices. The South China Sea is already a source of tension between neighboring countries, with China’s nine-dash claim overlapping with those of other countries. The initiative could potentially contribute to reducing the region’s energy shortages and addressing development challenges in remote areas.

Source: https://www.scmp.com/news/china/science/article/3284506/china-floats-wave-wind-and-solar-power-plan-south-china-sea-outposts

The global agrivoltaics market is expected to grow by USD 1994.5 million from 2024-2028, with a CAGR of 10.7%. The market is driven by the benefits of agrivoltaics, including the trend towards rising opportunities for agrivoltaics energy projects. However, the limited commercial reach of agrivoltaics poses a challenge.
The report highlights the key market players, including BayWa r.e. AG, Enel SPA, Insolight, Jacks Solar Garden, JinkoSolar Holding Co. Ltd., Mackin Energy Japan Co. Ltd., Mirai Solar, Next2Sun, Ombrea SAS, REM TEC srl, sandbox solar llc, SunAgri, Svea Solar, Tse Energy Ltd, and ZIMMERMANN PV-Agri.
The report also discusses the market evolution, including the snapshot of the report, and the key insights into the market, including its scope, coverage, base year, historic period, forecast period, and growth momentum and CAGR.
Additionally, the report highlights the market drivers, challenges, and trends, and provides a detailed analysis of the segmentation, including type and application, geography, and company landscape. The report also includes a table of contents, highlighting the topics covered, and a note from the company, Technavio.

Source: https://www.prnewswire.com/news-releases/agrivoltaics-market-to-grow-by-usd-1-99-billion-2024-2028-as-agrivoltaic-benefits-drive-growth-ai-redefined-market-landscape-report—technavio-302290368.html

The system model of a solar-battery-supercapacitor hybrid energy storage system (HESS) is introduced. The system consists of a solar module, a battery/supercapacitor HESS module, a control module, and a load module, connected by a DC bus. The solar module is modeled using the photovoltaic (PV) model, which accounts for the photo current, diode reverse saturation current, and series and shunt resistance. The HESS module is modeled using a battery model, which considers the charge and discharge powers of the battery and supercapacitor, and the bidirectional DC-DC converter. The bidirectional DC-DC converter is used to provide and store energy for the load. The system is designed to make full use of the power generated by solar energy and supply it to the load, while adjusting the power supply to ensure stable operation. The various modules and their interactions are discussed in the next sections, including the PV module, DC-DC converter, and HESS module.

Source: https://www.nature.com/articles/s41598-024-76830-y?error=cookies_not_supported&code=79c7ff39-c9dc-45b0-b2f3-2bacc5912444

The content appears to be the terms and conditions of a question-answering service called Azthena. Here’s a summary in 200 words:
The service only uses edited and approved content for its answers, but may occasionally provide incorrect responses. As a result, users are advised to confirm any data provided with the related suppliers or authors. The service does not provide medical advice and recommends consulting a medical professional before acting on any medical information.
The service may share users’ questions (but not email details) with OpenAI and retain them for 30 days in accordance with OpenAI’s privacy principles. Users are also prohibited from asking questions that use sensitive or confidential information.
The full terms and conditions are available to read, which may include additional details such as limitations of liability, intellectual property rights, and dispute resolution procedures. By using the service, users are indicating their acceptance of these terms and conditions.

Source: https://www.azocleantech.com/news.aspx?newsID\u003d35276

Tata Passenger Electric Mobility (TPEM) has partnered with the Rajasthan Solar Association (RSA) to promote the use of solar energy for electric vehicle (EV) charging in Rajasthan. The state, which is the second-largest in terms of solar installation capacity, is already leading the country in EV adoption, with Jaipur being one of the highest penetration cities. The collaboration aims to reduce carbon emissions and increase the state’s sustainability commitment. To encourage the adoption of solar-powered EVs, TPEM will offer a discount to customers who install solar power systems at their homes or businesses. The joint effort is expected to increase rooftop solar installations and EV sales in the state. According to TPEM’s Chief Strategy Officer, Balaje Rajan, combining solar power and EVs can provide zero-cost mobility, eliminating fuel costs for over 90% of EV owners who charge their vehicles at home.

Source: https://www.gadgets360.com/auto/news/tata-passenger-electric-mobility-and-rsa-forms-partnership-to-use-solar-energy-for-ev-charging-6902747

ArcelorMittal Nippon Steel India Limited (AMNS) has proposed to install solar power in three institutions in Visakhapatnam, including Visakha Institute of Medical Sciences, Government Hospital for Mental Care, and Zilla Parishad High School, Chandrampalem. The project, with a budget of Rs 70 lakh, aims to provide renewable energy to these institutions. The proposal was submitted to the district collector, MN Harendhira Prasad, by Ravindranath, Executive Director of the company’s Vizag Asset, and DS Varma, Head-HR and Admin of AMNS India. The district collector appreciated the initiative, praising the company’s efforts to support institutions and promote renewable energy. This is not the first project of its kind for AMNS, as they have previously installed 300KW of solar power at King George Hospital, Government Victoria Hospital for Women, and two schools, as well as an old age home and other hospitals in the city. The company is also constructing a BC Welfare Hostel building at Islampet, which is nearing completion.

Source: https://www.thehansindia.com/news/cities/visakhapatnam/amns-proposes-solar-power-at-institutions-hospitals-918003

QatarEnergy and TotalEnergies have signed a partnership agreement to develop a solar power project as part of the Gas Growth Integrated Project (GGIP) in Iraq’s Basra region. The project, which will be one of the largest in the world, will consist of 2 million solar panels and produce 1.25 gigawatts of solar-generated power. The project will be completed in phases between 2025 and 2027 and will supply electricity to approximately 350,000 homes in the Basra region. QatarEnergy will own 50% of the project, while TotalEnergies will own the remaining 50%. The project is a key part of the GGIP, which aims to develop Iraq’s natural resources and recover significant volumes of otherwise flared gas to supply power generation plants. QatarEnergy’s CEO, Saad Sherida Al-Kaabi, expressed his pleasure in partnering with TotalEnergies to develop the project.

Source: https://www.energyconnects.com/news/renewables/2024/october/qatarenergy-signs-agreement-with-totalenergies-to-partner-in-a-1-25-gw-solar-project-in-iraq/

The upcoming COP29 climate conference in Azerbaijan provides an opportunity to highlight the country’s efforts to transition to renewable energy. Azerbaijan aims to increase its installed power capacity from renewable sources to 30% by 2030, and Sungrow, a leading inverter manufacturer, is playing a key role in this endeavor. The company recently launched Azerbaijan’s largest utility-scale solar plant, a 308 MWp project that generates 500 million kilowatt-hours of electricity annually, enough to power over 110,000 homes. The project is a milestone achievement and demonstrates Sungrow’s commitment to providing innovative renewable energy solutions. Sungrow hopes that the success of this project will inspire other countries to set more ambitious climate targets and scale up their use of renewable energy. The company is well-positioned to play a key role in the global transition to a low-carbon economy, with a portfolio of products including solar, wind, storage, electric vehicle, and hydrogen technologies.

Source: https://www.saurenergy.com/solar-energy-news/cop29-at-azerbaijan-sungrow-steps-up-to-back-green-transition

India has handed over rooftop solar systems to multiple religious locations in Sri Lanka as part of its energy partnership with the country. The handovers took place at a Buddhist temple, a Catholic church, and a Muslim mosque in Colombo. The initiative is part of a $17 million project to install 25 MW solar rooftop systems across 5,000 religious institutions in Sri Lanka. The project aims to reduce energy expenses and support the country’s shift towards renewable energy. The project will supply around 37 million units annually and contribute to Sri Lanka’s “people-centric energy transition”. The project is scheduled to be completed by early next year and includes a 5-year maintenance period to ensure long-term efficiency and sustainability. This effort aligns with India’s “Neighbourhood First” policy, emphasizing cooperation on Sri Lankan priorities.

Source: https://www.dailyexcelsior.com/india-hands-over-rooftop-solar-systems-at-religious-sites-in-sri-lanka/

QatarEnergy and TotalEnergies have partnered to develop a 50:50 joint venture to develop a major solar power project in Iraq. The project will be located in the southern region of Iraq, near Basra. The solar farm will have a capacity of 500 MW, which is expected to significantly contribute to Iraq’s electricity generation and help reduce the country’s reliance on imported power.
The project is expected to take around 3-4 years to complete and will have an estimated cost of around $500 million. The solar farm will be built in two phases, with the first phase expected to be completed within two years and the second phase within a year.
The partnership between QatarEnergy and TotalEnergies is a significant move towards meeting Iraq’s growing energy demands and reducing its carbon footprint. The project is also expected to create hundreds of jobs and stimulate local economic growth.

Source: https://www.energyintel.com/00000192-d42e-d095-afde-d4ef5d160000

The levelized cost of electricity (LCOE) for renewable energy technologies, such as wind and solar energy, is declining globally, according to a report from Wood Mackenzie. In North America, the LCOE for renewable technologies dropped 4.6% in 2024, driven by a 4.2% decline in capital costs. Solar energy is expected to see the largest decline, with an expected 60% drop in LCOE by 2060. Onshore wind is expected to drop 42% and offshore wind 67% over the same period. The report attributes the decline in LCOE to ease in supply chain pressure, decreased financing costs, and technological advancements. However, prices for renewable power purchase agreements (PPAs) are increasing, with solar PPA prices rising 5.4% in Q3 2024 and 10.4% year-over-year. Wind PPA prices remained flat in Q3 but increased 14.1% year-over-year. The report suggests that while project costs can inform PPA prices, other factors such as the scarcity of projects and increased negotiating power for developers contribute to the higher PPA prices despite declining project costs.

Source: https://www.utilitydive.com/news/wind-solar-levelized-cost-electricity-drop/730533/

The recent Renewable Electricity Support Scheme (RESS 4) auction in Ireland allocated 960 MW of photovoltaic (PV) capacity, with an average final price of €0.10476/kWh. The prices were higher than expected, with the Irish Solar Energy Association (ISEA) calling for government intervention to reduce costs. The ISEA CEO, Conall Bolger, emphasized the need for government action to reduce overall costs. However, a government spokesperson noted that the RESS 4 prices compared well to other European renewable energy auctions, considering factors such as scheme design and contract length.
Industry players, such as Power Capital Renewable Energy (PCRE), cited the high cost of planning and developing solar plants, as well as the high cost of grid connection and planning in Ireland, as contributing factors to the high prices. The ISEA welcomed recent updates to Ireland’s planning and development laws, as well as the new Electricity Connection Policy, which aims to facilitate faster permitting processes for small-scale projects. However, the ISEA noted that practical impacts on solar project approvals remained uncertain. Overall, the industry awaits further government action to reduce costs and stimulate solar development in Ireland.

Source: https://www.pv-magazine.com/2024/10/28/ireland-ress-4-auction-price-cost-solar-energy-developers-pcre/

Arctech, a leading solar tracking and racking solutions provider, has signed a significant supply agreement with China Energy Engineering Group Co., Ltd. to provide 2.3 GW of 1P single-axis solar tracking system SkyLine II for the PIF4-Haden project, owned by ACWA Power. This agreement solidifies Arctech’s position in the MEA region, reaching a milestone of 15 GW in its portfolio. The project, located in a desert region, features high wind speeds, but SkyLine II’s synchronous multi-point drive mechanism ensures effective operation under these conditions. The system’s modular design allows for flexible scaling, improving land use efficiency and reducing installation costs. The project will start commercial operations by 2027, generating an estimated 156.189 billion kWh over 25 years, reducing carbon dioxide emissions by approximately 147 million tons. With local operations established in Dubai, Riyadh, and Jeddah, Arctech is poised to contribute to Saudi Arabia’s “2030 Vision” through enhanced localization strategies and comprehensive services.

Source: https://solarquarter.com/2024/10/28/arctech-lands-a-2-3-gw-saudi-solar-project-tops-15-gw-in-mea-region/

Trina Solar, a Chinese manufacturer, has achieved a record-breaking power conversion efficiency of 25.9% for a large-area industrial TOPCon solar cell. This achievement was confirmed by Germany’s Institute for Solar Energy Research in Hamelin. The solar cell uses Trina’s innovative rectangle wafer design and a range of technologies, including tunnel oxide passivating contact, advanced boron-doped emitter, advanced light trapping, and very fine line printing. The company aims to reach an efficiency of over 26% in TOPCon cells by 2027. Recently, Trina announced that its n-type i-TOPCon solar module achieved an output of 740.6 W, certified by TÜV SUD, Germany.

Source: https://www.pv-magazine-australia.com/2024/10/28/trina-solar-claims-25-9-efficiency-for-large-area-industrial-topcon-solar-cells/

The Australia-Asia Powerlink is a massive renewable energy project that aims to transmit solar power from Australia’s Northern Territory to Singapore and beyond. The project involves laying a 5,000-kilometer subsea cable, making it the longest in the world. The cable will transmit solar energy generated in Australia to meet a significant portion of Southeast Asia’s energy needs. This initiative is expected to reduce greenhouse gas emissions, create a new renewable energy export sector in northern Australia, and lower electricity rates for residential and commercial consumers in the Darwin region.
The project presents several engineering challenges, including building a long, strong, and durable cable that can withstand the harsh marine environment and preserve electrical integrity. The cable will be designed to minimize energy loss during transmission using modern HVDC technology. The project’s completion is expected to revolutionize renewable energy production and distribution, providing about 15% of Singapore’s electricity consumption and offsetting 8.6 million tons of CO2 emissions annually. The project is expected to be completed by 2027, with construction commencing in 2023. Its success will be a significant step towards a more sustainable future.

Source: https://www.eldiario24.com/en/energy-project-aapowerlink-history/2763/

Kirloskar Solar Technologies’ National Sales Manager, Suresh Kumar Simpson, inaugurated the Kirloskar Solar Mysore convention, emphasizing the benefits of solar energy. He highlighted that solar energy not only saves money but also leads to financial independence, particularly through the “Pradhan Mantri Surya Ghar Yojan” scheme. He explained that installing solar panels on a roof can earn profits, reducing private consumption costs and ensuring that the investment on panels is recouped. Srinivas, a solar panel distributor, added that panels come with a 25-year guarantee and can be sold to the government for a profit, allowing for the investment to be recouped within two years. The convention also included feedback from consumers, including electrical contractors, auditors, and a hotelier, all of whom echoed the benefits of switching to solar energy, including reduced pollution.

Source: https://starofmysore.com/financial-independence-possible-through-solar-energy/

Servotech Power Systems Ltd. held a product launch event in New Delhi, introducing a range of innovative solar solutions, including solar on-grid inverters, solar hybrid inverters, solar micro inverters, battery energy storage systems, and solar pump controllers. These solutions are designed to meet the growing demand for clean energy and reduce dependence on conventional power sources. The products are compatible with government schemes such as PM Surya Ghar and PM-KUSUM Scheme, empowering farmers and residents to harness solar energy for sustainable purposes. The company’s founder and MD, Raman Bhatia, emphasized the importance of promoting sustainable growth and reducing carbon footprint through the introduction of these cutting-edge solutions. The product range includes a variety of solar solutions for domestic and commercial use, with capacities ranging from 1 kW to 100 kW, 2 kW to 22.5 kW, and 1.2 Wh to 15 Wh for battery energy storage systems.

Source: https://businessnewsthisweek.com/news/servotech-launches-innovative-solar-solutions-strengthening-commitment-to-renewable-energy/

Pakistan is facing an acute energy crisis, with frequent power outages lasting 10-12 hours, affecting people’s physical and mental health. With high rates of electricity distribution and transmission losses, the country is looking to alternative sources like solar energy. Solar energy is a viable option, generating electricity without harming the environment. It doesn’t produce carbon emissions, greenhouse gases, or air pollutants, making it a clean and renewable source. The World Health Organization estimates that 4.2 million people die prematurely each year due to outdoor air pollution, mostly caused by fossil fuels. Solar energy can reduce this risk by providing a clean source of power. Additionally, solar energy can improve health outcomes, reduce healthcare costs, and increase productivity by reducing lost workdays. The integration of solar energy can also promote a sense of purpose and empowerment, leading to a positive impact on mental health and well-being. A switch to solar energy can accelerate the development of healthier and more livable communities, promoting a sustainable future for Pakistan.

Source: https://www.nation.com.pk/27-Oct-2024/solar-energy-power-and-our-well-being

Solar energy is a key player in the fight against climate change, but its intermittency is a significant challenge. Solar panels generate electricity only when the sun is shining, which can lead to power shortages and reliance on fossil fuels. Energy storage systems (ESS) such as lithium-ion batteries can store excess energy generated during peak sunlight hours and release it when solar panels aren’t producing power. This makes solar energy more reliable. Smart grids and microgrids can also be used to integrate solar energy into the grid and provide stable power. Additionally, artificial intelligence (AI) and machine learning can be used to predict solar energy generation and optimize energy management. Hybrid energy systems that combine solar with other sources, such as wind or hydropower, can also increase energy reliability. India is investing heavily in solar energy, with a goal of 500 GW of renewable energy capacity by 2030. To achieve this goal, India needs to address the intermittency challenge, which is where energy systems such as ESS, smart grids, and AI come in. With the right investments in supporting technologies and infrastructure, solar energy can be a reliable and efficient power source for the future.

Source: https://sundayguardianlive.com/business/role-of-energy-systems-in-improving-solar-power-reliability-and-performance

Get The Fest, a music concert, will be held in Taman Breksi, Prambanan, Sleman from October 25-27, 2024, using energy generated from 2.5 tons of plastic waste. The plastic waste was collected from residents and processed into fuel. The concert, led by singer Agustinus Gusti Nugroho, aims to reduce plastic waste and process it into energy, with the theme “less plastic, more energy”. The event features several musicians and campaigns for plastic waste reduction. The plastic waste is processed into fuel oil using pyrolysis or distillation systems. The organizers received a donation of 2,522.56 kg of plastic waste, resulting in 1,922.27 kg of fuel oil, mostly in the form of solar oil. Rizki Ekananda from PT Pertamina, a company sponsoring the event, supports the initiative. Genset operator Purwoko from Sri Mulih Jenset Banguntapan used solar energy from plastic waste in the event, which was the first time. The total power used was 60,000 watts for stage power and other needs. The event aims to raise awareness and reduce plastic waste, with a goal to make it an annual agenda until the problem is solved.

Source: https://en.tempo.co/read/1933420/get-the-fest-prambanan-uses-fuel-from-2-5-tons-of-plastic-waste-to-power-the-music-festival

The Legislative Gazette is a weekly program that airs on October 25, 2024 at 10 p.m. and focuses on New York State Government and politics. This week’s episode will cover three key topics. Firstly, New York state will be celebrating a significant milestone in solar energy, with details on the progress made in the sector and what this means for the state’s renewable energy goals. Secondly, New York state colleges and universities will be waiving application fees for prospective students, making higher education more accessible to a wider range of students. Finally, the Adirondack Council will provide an update on the state of the park, sharing news and insights on conservation efforts, recreational activities, and tourism in the region. The Legislative Gazette will bring together these stories and more, providing viewers with a comprehensive overview of the latest developments in New York state government and politics. Tune in to learn more about what’s happening in the Empire State.

Source: https://www.wamc.org/show/the-legislative-gazette/2024-10-25/the-legislative-gazette-new-york-state-celebrates-a-solar-energy-milestone

Middlebury College in Vermont has launched a 5-megawatt solar array, one of the largest in the state, to power 40% of its electricity needs. The solar array, developed by Encore Renewable Energy and Greenbacker Renewable Energy, features 15,348 solar panels mounted on single-axis trackers and is located about two miles from the college campus. The project is the first of its kind in Vermont, offering a low-cost, clean energy model that does not negatively impact other ratepayers. The solar array will provide power to the college, while Green Mountain Power, the utility company, will purchase renewable energy credits to support its own efforts to meet its 100% carbon-free and 68% renewable energy goal. Additionally, a battery system, South Street Storage, will store excess energy to reduce energy losses during peak sun hours. The project, completed in partnership with the college, aims to meet Middlebury’s goal of using 100% renewable electricity by 2028.

Source: https://www.solarpowerworldonline.com/2024/10/solar-tracker-project-supports-vermont-colleges-renewable-energy-goals/

Makinex has launched the Deployable Solar Array, a modular and flexible solar energy solution designed to adapt to various environments. The system can be mounted on container roofs, arranged as ground arrays, or integrated into shelter setups. Its modular design allows for easy expansion and seamless connection to existing AC bus systems using a single cable. The Deployable Solar Array also features a cloud-based reporting platform that tracks real-time solar production, energy consumption, and battery levels, making it an ideal solution for businesses aiming to streamline energy management and meet carbon reporting regulations. The system is designed for scalability and safety, with a 5kW output and compatibility with Battery Energy Storage Systems (BESS). It is suitable for industries with high energy demands and dynamic site setups. The company will showcase its Shelter configuration at the International Mining and Resources Conference in October. The Deployable Solar Array is a game-changer for sites that require rapid, reliable on-site energy, offering a flexible and efficient solution for various industries.

Source: https://www.renewableenergymagazine.com/pv_solar/makinex-renewables-launches-deployable-solar-array-range-20241025

The solar industry is experiencing a 60% increase in electricity capacity from 2022 to 2023, driving demand for ethylene vinyl acetate (EVA) in solar panel production. Burckhardt Compression, a global leader in high-pressure compression, has secured a significant order from Sahara International Petrochemical Company (Sipchem) in Saudi Arabia to provide a hyper compressor for its EVA production expansion. This will increase Sipchem’s EVA production capacity by 70,000 tons per year, bringing its total to 290,000 tons per year. Burckhardt Compression has a long-standing partnership with Sipchem, with the two companies previously working together on the installation of a K8 hyper compressor. The new compressor will be used to manufacture EVA films for solar panel encapsulation, which are crucial for protecting photovoltaic cells and ensuring long-term solar panel performance. With this order, Burckhardt Compression is poised to capitalize on the growing demand for EVA in the solar industry, supporting the global energy transition and driving sustainable growth.

Source: https://www.energyglobal.com/solar/25102024/burckhardt-compression-receives-order-from-sipchem/

The All Energy Australia (AEA) exhibition, held at the Melbourne Convention and Exhibition Centre in October 2024, showcased the latest innovations and developments in clean energy. SOFAR, a company specializing in solar and energy storage solutions, made a grand appearance at the event, unveiling its cutting-edge products and services. The company has earned global recognition and praise for its commitment to the renewable energy sector, including top PV inverter brand in Australia in 2024.
SOFAR has seen significant growth in Australia, driven by technological advancements, declining costs, and government support. The country has added 4.6 GW of new photovoltaic capacity, with 68% of that coming from distributed PV. The company has also made strides in residential energy storage, introducing the PowerAll integrated solar and storage system. With its PowerAll product, SOFAR is helping Australian households efficiently manage their energy supply and reduce carbon emissions. As a leading player in the global renewable energy sector, SOFAR remains committed to empowering a low-carbon future for Australia.

Source: https://solarquarter.com/2024/10/25/sofar-shines-at-all-energy-australia-2024-merging-local-expertise-with-innovative-power/

The report, “Solar Panel Manufacturing Plant Project Report 2024,” by IMARC Group, provides a comprehensive guide for setting up a solar panel manufacturing plant. The report offers insights into the manufacturing process, financials, capital investment, expenses, and ROI for informed business decisions. The solar panel manufacturing plant project report covers market trends and industry outlook for 2024, detailed project setup, raw material and utility requirements, infrastructure and machinery specifications, workforce and staffing requirements, packaging and transportation details, and financial aspects, including investment opportunities, cost analysis, and revenue projections.
The report includes a comprehensive guide for setting up a solar panel manufacturing plant, covering market trends, industry outlook, detailed project setup, and project economics. It also offers detailed insights into the solar panel manufacturing plant process and project economics, including capital investments, project funding, operating expenses, and income projections. The report helps decision-makers evaluate the financial viability of a solar panel manufacturing plant, including ROI, NPV, and profit and loss account analysis. It provides a roadmap for successfully establishing a solar panel manufacturing plant.

Source: https://www.openpr.com/news/3709270/solar-panel-manufacturingplant-project-report-2024-unit

Peak Energy, a regional renewable energy developer, has partnered with INUPS, a Korean energy platform company, to develop rooftop solar projects across South Korea. This partnership aims to tap into the country’s rooftop potential, which is seen as a major opportunity to reach its 2050 net zero goal. South Korea’s limited land availability for solarization has led to a focus on rooftops for quick and easy installation of solar panels. The agreement will see Peak Energy develop rooftop solar projects connected to the utility grid and sell the generated power to large corporations on a long-term PPA basis. INUPS will be responsible for O&M services. The partnership plans to develop 30 MW initially, with a goal to expand to over 200 MW. Industry experts at INUPS will lead the partnership, with Peak Energy committed to bringing global best practices to the market. The partnership aims to support the South Korean government’s goal of reaching net zero by 2050 and help corporations achieve their sustainability targets.

Source: https://solarquarter.com/2024/10/25/peak-energy-and-inups-sign-a-rooftop-solar-partnership-agreement/

Switzerland is leading the way in clean energy with a world-first project: installing removable solar panels on active railway tracks. The project, developed by start-up Sun-Ways in partnership with EPFL, will be piloted on a track in Neuchâtel in 2025. The system, which uses a special train to install solar panels, can generate up to 1 TWh of solar energy annually, enough to meet 2% of Switzerland’s energy needs. The innovative solution addresses concerns about maintenance, as the panels can be quickly removed for cleaning and repair. The project is expected to generate 16,000kWh of electricity annually, enough to power local homes. The technology has the potential to be scaled globally, with Sun-Ways aiming to equip 50% of the world’s railways with their system, generating 1 TWh of solar energy annually. The project has faced some concerns, including potential damage from weather and train operations, but Sun-Ways has developed solutions for these issues. If successful, the project could be a template for countries looking to boost renewable energy and reduce their environmental footprint.

Source: https://esgnews.com/switzerland-to-launch-world-first-solar-panels-on-railway-tracks-for-clean-energy/

Sunwoda Energy has partnered with Gryphon Energy to develop a massive 1.6GWh energy storage project in Queensland, Australia. The project, one of the largest in the country, aims to enhance the stability and reliability of the power grid, with expected completion in 2026. To achieve this, Sunwoda will implement its NoahX 5MWh liquid cooling energy storage system, featuring its self-developed 314Ah cells and industry-leading Reverse DC Coupling technology. This collaboration marks a significant step in developing the energy storage market in Australia, providing safe and reliable power storage solutions for customers. The project builds on Sunwoda’s previous success in the country, having successfully connected a 5MW/11MWh project in New South Wales earlier this year.

Source: https://www.saurenergy.com/solar-energy-news/australia-set-to-add-1-6gwh-of-energy-storage-project

JSW Renew Energy Eleven, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar project under SECI Tranche XIII. The PPA is for 25 years with a tariff of INR 2.56/kWh. The project is expected to be commissioned within 24 months. JSW Energy aims to achieve 10 GW operational capacity by 2025, currently having 7.9 GW of operational capacity across thermal, hydro, and renewable energy sources. The company also has 16.2 GWh of locked-in energy storage capacity. JSW Energy plans to reach 20 GW generation capacity and 40 GWh of energy storage capacity by 2030. The company has set an ambitious target of achieving carbon neutrality by 2050. This new solar project is a significant step towards this goal, demonstrating the company’s commitment to renewable energy and reducing its carbon footprint.

Source: https://www.energetica-india.net/news/jsw-energy-inks-ppa-for-700-mw-solar-project-with-seci

Here is a 200-word summary of the Rajasthan Investment Promotion Scheme (RIPS) for renewable energy:
The Rajasthan government has launched RIPS to promote investments in renewable energy generation units. The scheme aims to develop the state’s capacity to produce 24.22 GW of solar energy and 5.19 GW of wind energy. It provides incentives to existing and new enterprises investing in solar power plants, wind power plants, and hybrid power plants. The policy offers 100% subsidy on Cross Subsidy Surcharge (CSS) and Additional Surcharges (AS) for seven years for Green Hydrogen production. Additionally, it provides exemptions on transmission and wheeling charges for battery energy storage systems (BESS) and pumped hydro storage (PSP) projects. RE integrated storage projects with a capacity of 5% or more of RE capacity are eligible for a 75% exemption on transmission and wheeling charges for seven years, while BESS beyond 30% of RE capacity is exempt from 100% of transmission and wheeling charges. Standalone BSES and BESS connected to 11 kV or 33 kV grid substations are also exempt from transmission and wheeling charges for seven years. The policy supports the state’s “Green Growth” and “Export Promotion” focus areas.

Source: https://www.saurenergy.com/solar-energy-news/rajasthans-new-rips-scheme-aims-to-expedite-re-investments

The PM Surya Ghar Scheme, a government initiative to promote rooftop solar installations in Tamil Nadu, has received a poor response from consumers, with only 70,122 registrations and 18,032 applications submitted so far. The target is to cover 25 lakh households by March 31, 2025, which translates to a mere 2.8% of the target achieved in the first six months. The scheme offers a 2KW solar plant installation at a cost of ₹2 lakh, with a government subsidy of ₹60,000. However, despite the benefits, there is a significant gap between registration and actual installation of solar plants, with 5,032 pending applications. Experts attribute the poor response to the growing apartment culture in major cities, making it difficult to install solar plants for individual houses. Nationally, the scheme has also elicited a tepid response, with only 1.28 crore registrations and 14.84 lakh applications submitted till September.

Source: https://www.newindianexpress.com/states/tamil-nadu/2024/Oct/23/solar-scheme-fails-to-shine-in-tamil-nadu-only-18k-applicants-in-six-months

Here is a 200-word summary of the article about living in a solar-powered town:
Living in a solar-powered town is a growing trend that offers a glimpse into a sustainable, eco-friendly, and economically advantageous lifestyle. These towns use the sun’s energy to meet all their power needs, showcasing the harmony between technology and nature. To make this possible, a network of solar panels, energy-efficient buildings, and smart grids are installed. Initially, there are significant costs involved, but the long-term savings on energy bills make it a financially viable option. Property values in these towns tend to rise, making them attractive to prospective buyers.
Residing in a solar-powered town requires careful planning and budgeting, but it also offers ongoing savings, increased demand for solar technologies, and higher property values. The environmental impact is also significant, with reduced reliance on fossil fuels, lower air and water pollution, and a lower carbon footprint. While there are challenges, such as seasonal sunlight variability and regulatory hurdles, the future of solar-powered living looks promising with innovations in technology and growing public support for sustainable practices. By choosing to live in a solar-powered town, individuals can foster their financial well-being while contributing to a more sustainable world.

Source: https://blueandgreentomorrow.com/energy/cost-and-value-of-living-in-solar-powered-town/

Vsole Solar Energy Pvt. Ltd. is a company that is revolutionizing the solar industry with its innovative and sustainable solutions. Under the leadership of Sagar Sojitra, the company is dedicated to creating cutting-edge products that enhance the adoption of solar energy. With a strong focus on research and development, Vsole is constantly pushing the boundaries of what is possible in solar technology. The company’s range of products, including inverters, are designed to cater to various applications, from residential to large-scale commercial installations. Vsole’s commitment to sustainability is evident in its production processes, where it adheres to strict environmental standards to minimize its carbon footprint and waste. The company is also dedicated to making renewable energy accessible to all, regardless of geographical or economic barriers, by offering affordable and cost-effective solutions. With its continuous R&D and focus on innovation, Vsole is poised to play a significant role in the global shift towards renewable energy, helping to create a cleaner and more sustainable future for generations to come.

Source: https://www.energetica-india.net/articles/vsole-solar-energy-revolutionising-the-solar-industry-through-innovation-and-leadership

The Global Trade Research Initiative (GTRI) report suggests that India’s ambitious goal of reaching 500 GW of renewable energy by 2030, largely through solar power, may lead to increased dependence on imports from countries like China. To meet its solar equipment demand, India’s domestic solar manufacturing industry needs to be strengthened. Currently, most projects rely on imported solar modules from China, with 62.6% of India’s solar equipment imports worth $7 billion in 2023-24 coming from China. China dominates the global solar supply chain, controlling 97% of polysilicon production and 80% of solar module manufacturing, making it difficult for India to compete due to lower prices. To achieve its renewable energy goals, India needs to invest in creating an integrated solar manufacturing supply chain and reduce its dependency on imports. Without this, India’s high import costs and reliance on foreign suppliers may pose challenges for achieving its ambitious renewable energy target.

Source: https://www.asiabusinessoutlook.com/services-and-consulting/news/india-s-solar-energy-fueled-renewable-goals-to-boost-chinese-dependency-nwid-7542.html

The Biden administration has announced over $860 million in funding for two new solar energy farms in Puerto Rico. However, residents of the US territory are expressing concerns about the existing solar infrastructure, which they claim is causing problems, including increased flooding and higher energy bills. Legal experts say the developer’s placement of solar infrastructure in Puerto Rico ignored the region’s conservation laws. The Puerto Rico Secretary of Agriculture, who has a financial stake in the project, leased out land his agency was supposed to protect. As a result, local properties have seen an increase in damaging floods that have destroyed homes and businesses. Residents are struggling to pay higher energy bills, which is exacerbating financial concerns in a region with a median income below the US average. Despite these concerns, Puerto Rico is seeking to generate all electricity from renewable sources by 2050, leaving solar power as the only viable option. The Department of Energy estimates that thousands of acres of utility-scale solar farms and rooftop solar panels will be needed to achieve this goal.

Source: https://san.com/cc/puerto-ricos-solar-energy-push-comes-with-flooding-and-higher-electric-bills/

KLK Ventures has launched a new platform to transform farming in Jammu and Kashmir by providing sustainable solar water pumps under the PM Kusum Yojana. The platform simplifies the application process, provides ongoing support, and enhances post-installation services for farmers. The scheme offers an 80% subsidy on the cost of solar water pumps, with farmers contributing only 20%. KLK Ventures, a government-empanelled partner, has already installed over 1,300 solar pumps in Jammu and Kashmir, aiming to reach a total of 5,500 pumps.
The solar-powered pumps empower farmers to irrigate their fields without relying on diesel or electric pumps, reducing costs and promoting eco-friendly farming. The scheme supports farmers in areas where electricity is not easily available, allowing them to install solar-powered pumps of up to 10 HP. Akshat Jain, CEO of KLK Ventures, stated that the PM Kusum Yojana is a game-changer for farmers, reducing their costs and promoting renewable energy in agriculture. Farmers in Jammu and Kashmir can benefit from the scheme to improve their irrigation systems and reduce their dependence on traditional power sources.

Source: https://www.passionateinmarketing.com/klk-ventures-powers-sustainable-farming-in-jk-with-solar-water-pumps-under-pm-kusum-yojana/

The Takki 350W Peak Solar Power Station with 40W Solar Panels is now available on Amazon with a $52 discount, priced at $207.99. This portable power station is designed for outdoor enthusiasts and individuals in need of an emergency power backup. It features multiple output ports, including USB, AC, and DC, making it suitable for charging devices like smartphones and small appliances. The solar power station is also eco-friendly, using clean energy to provide a continual power supply without relying on fossil fuels. The unit is compact and lightweight, making it ideal for camping, hiking, and outdoor adventures. It’s also useful for families or individuals living in areas prone to power outages, providing a reliable power backup for critical devices. With its versatility and practicality, the Takki 350W Peak Solar Power Station with 40W Solar Panels is a great option for those seeking a sustainable power solution. With the current discount, now is an excellent opportunity to integrate solar power into your energy arsenal and enjoy the benefits of energy independence and preparedness.

Source: https://gagadget.com/en/520069-takki-350w-peak-solar-power-station-with-40w-solar-panels-now-buy-52-off/

Here is a summarized version of the content in 200 words:
The European Commission has approved a joint venture between Masdar, EDF, and Nesma to develop a 1,100 MW solar power project in Saudi Arabia. The project, known as Al Henakiyah, will generate, transmit, distribute, and sell electric power. The consortium won a contract in November 2023 through a competitive tender process. The European Commission’s antitrust regulator found that the deal would not significantly impact competition in the European Economic Area (EEA) since the joint venture’s activities will primarily take place in Saudi Arabia. As a result, the transaction was reviewed and approved under the simplified merger control procedure. This project aligns with Saudi Arabia’s goal to diversify its energy sources and increase renewable energy capacity, consistent with its Vision 2030 initiative to reduce dependence on oil and promote sustainable development. The joint venture is expected to contribute to Saudi Arabia’s ambitious plans to increase its renewable energy capacity and reduce greenhouse gas emissions.

Source: https://www.energetica-india.net/news/masdar-edf-and-nesma-form-joint-venture-for-1100-mw-saudi-solar-project

SB Energy, a renewable energy group, has announced that three solar power projects in Texas, known as the Orion Solar Belt, are now online and generating electricity. The projects, totaling 900 megawatts, will supply power to Google’s data centers and cloud regions in the Dallas area. The solar farms utilize American-made components, including modules from First Solar and steel from Gerdau’s US facilities. The projects have created an estimated 3,000 US jobs through manufacturing and construction. US Energy Secretary Jennifer Granholm attended a ribbon-cutting ceremony to mark the start of commercial operations. Google, which signed a power purchase agreement (PPA) with SB Energy, aims to operate entirely on carbon-free energy by 2030. The PPA is also part of Google’s $1 billion investment in Texas to support its cloud and data center infrastructure. The Orion Solar Belt is a significant milestone in the US solar industry, as it showcases the use of American-made clean energy to power data centers and support economic growth.

Source: https://www.powermag.com/major-texas-solar-project-will-power-googles-data-centers-cloud-operations/

According to a report by the Global Trade Research Initiative, India’s ambitious renewable energy goals could lead to an increase in solar import bills, from $7 billion to $30 billion, largely from China. To meet its target of 500 GW of renewable energy by 2030, India needs to add 65-70 GW of solar capacity each year. However, China’s dominance in the solar manufacturing industry, with 97% of global polysilicon production and 80% of solar module manufacturing, poses a challenge. The US, India, EU, and Japan may need to collaborate to establish global-scale solar manufacturing facilities to reduce dependence on China. The report suggests that India needs to develop an integrated supply chain, including polysilicon and wafer production, to create a self-sufficient solar manufacturing industry. The current reliance on imported inputs and low local value addition (15%) in India and other countries makes it challenging to meet renewable energy targets. International cooperation is key to establishing a resilient, independent solar industry.

Source: https://www.financialexpress.com/business/industry/re-targets-can-swell-solar-import-bill-to-30-billion-a-year/3644890/

The United Nations Development Programme (UNDP) hosted a 10-day training and study tour in Cairo, Egypt, for 40 officials from Libya’s Ministry of Planning, General Electricity Company, Renewable Energy Authority, and other organizations. The program aimed to improve Libya’s renewable energy capabilities and reduce its reliance on hydrocarbons. The participants received training on planning, designing, and installing utility-scale photovoltaic (PV) systems and grid-connected rooftop systems. The event, funded by the European Union, focused on building national capacity and fostering environmental sustainability in Libya. Dr. Sophie Kemkhadze, UNDP Resident Representative in Libya, emphasized the importance of the program in aligning with Libya’s strategic goals, citing the country’s abundant sunshine and potential for solar energy projects. The event prepared Libya for large-scale deployment of renewable energy solutions, contributing to economic growth and reducing carbon emissions. Egypt’s New and Renewable Energy Authority collaborated with UNDP to provide hands-on training, including a visit to a 50 MW solar power plant in Zafarana.

Source: https://www.undp.org/libya/press-releases/step-toward-greener-future-building-libyas-expertise-renewable-energy

As of August 2023, China has achieved a milestone in its renewable energy development, exceeding its 2030 target with a combined installed capacity of 1,206 gigawatts of wind and solar power. According to a recent International Energy Agency (IEA) report, China’s renewable energy expansion is expected to continue, driven by rapid growth in solar installations. By 2025, China is predicted to lead a global renewable energy boom. The country’s success is largely attributed to its swift and massive deployment of solar power, which has Become the primary source of new power generation. Integration of renewable energy into the power grid, however, remains a key challenge. China is faced with the task of balancing intermittent renewable energy sources with the country’s grid, ensuring a stable and reliable supply of electricity while minimizing the impact on the grid. Despite these challenges, China’s commitment to renewable energy is expected to have a profound impact on the global energy landscape.

Source: https://asia.nikkei.com/Spotlight/Caixin/The-power-grid-s-solar-and-wind-problem-in-China

Sunsave, a start-up backed by former Conservative Party treasurer Lord Michael Spencer and ex-Marks & Spencer CEO Lord Stuart Rose, is raising tens of millions of pounds in debt finance to launch a solar panel installation business. The company is using a novel “subscription” model, where customers can pay for solar panels and batteries through a 20-year loan at 5.9% APR, rather than paying the full £10,000 installation cost upfront. The deal includes a 20-year servicing and battery-replacement package. The funding will enable Sunsave to take on 4,000 new customers. The company has also formed a partnership to support its growth. This innovative approach is designed to make solar energy more accessible and affordable for homeowners.

Source: https://www.thetimes.com/business-money/companies/article/solar-panels-start-up-raises-millions-for-subscription-installations-p3ksk0www