India eyes self-reliance in battery cells with lithium recycling push
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Exide Industries invests $17.2 million in lithium battery plant in India
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
China’s CGN New Energy announces winning bidders in 10 GWh BESS tender
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
US bans five Chinese PV firms under Uyghur Forced Labor Prevention Act
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
Czechia approves new laws for agrivoltaics
The Czech government has approved new legislation for agrivoltaics. The measures extend the amount of crop types that agrivoltaics can be deployed on and defines two categories of permissible agrivoltaic systems.
Czech parliament backs plan to retroactively cut solar feed-in-tariffs
The Czech lower house of parliament has approved plans to retroactively cut feed-in-tariffs (FIT) for solar projects built between 2009 and 2010. The local solar sector has continued to criticize the planned law changes, which still need approval from the upper house.
Czech electricity grid to get €400 million upgrade
The European Investment Bank (EIB) has granted a €400 million ($420 million) loan to Czech utility ČEZ to upgrade and expand Czechia’s electricity distribution grid. The upgrades are expected to help absorb up to 5.5 GW of new renewable capacity.
Czechia planning retroactive cuts to feed-in tariffs for PV systems
The Czech government is trying to retroactively reduce feed-in tariffs (FITs) granted for PV projects between 2006 and 2013. The local solar sector has criticized the move, claiming that it could incite panic among investors.
Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
KGAL impact fund acquires first solar project in Czechia
KGAL’s latest green energy fund is acquiring its first solar asset in Czechia. The investment and asset manager says the 50 MW plant is due to connect to the grid in 2025.
