Markets

A new solar power plant will be developed on 2,800 hectares of land near a temple in the Indian state of Madhya Pradesh. It is expected to be operational within a year.

Many homeowners invest $15,000 to $30,000 or more in solar. How does this cost compare to the status quo of paying the utility company?

Indian developer Greenko has started building a hybrid energy storage project with 10.8 GWh of daily pumped storage, 3 GW of solar, and 550 MW of wind.

The president of the European Commission, Ursula von der Leyen, has announced a mandate for rooftop solar on commercial and public buildings by 2027, and for residential buildings by 2029. The EU target for renewable energy has been increased from 40% to 45%.

Sembcorp has agreed to supply 33 MW of wind-solar hybrid power for Saint-Gobain’s factories in India.

The US National Renewable Energy Laboratory has shared its findings on the use of perovskite materials to produce renewable hydrogen, while a number of entities have announced new projects in Europe, North America, and China.

Longi has revealed plans to build a new panel factory in Anhui province, China Huaneng Group has announced a 1.3 GW renewables project in Heilongjiang province, and JinkoSolar has issued a warning about rising polysilicon prices.

UK solar specialist Lightsource is developing a 150 MW solar park at a fishery in Budai, in Taiwan’s Chiayi county. Construction is expected to commence in June 2023.

Tata Power Solar has secured an engineering, procurement and construction contract for a 300 MW solar project under India’s Central Public Sector Undertaking scheme. The project, awarded by state-owned hydropower producer NHPC, will be located in the Indian state of Rajasthan.

Rooftop and ground-mounted solar deployment is reportedly slowing down in Bangladesh due to rising prices of panels, inverters, and other PV system components.