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.
Hungary approves measures for solar on apartment buildings
Hungary has decided to allow apartment owners to jointly install solar panels and will only permit solar plants equipped with grid-connected inverters from July 2025.
Midea Hiconics releases new residential all-in-one battery storage systems
The Chinese company says its three-phase Hienergy series can pair with PV arrays of up to 8.5 kW, with battery storage reaching up to 40.8 kWh.
Hungary deploys 1.3 GW of solar in January-October period
Hungary installed 1.3 GW of solar between January and October, bringing its cumulative PV capacity to 7.3 GW by the end of October, according to new government data.
Hungary expected to surpass 300,000 residential solar installations
Hungary’s Ministry of Energy says it will support more than 25,000 households with residential solar installations through its subsidy scheme, which launched earlier this year, taking the total number of installations to in excess of 300,000.
The Hydrogen Stream: Harvard researchers say H2 costs underestimated
Harvard University researchers say hydrogen costs are underestimated due to unaccounted storage and distribution variability across sectors, while Kore Infrastructure has told pv magazine that it aims to reach a levelized cost of hydrogen (LCOH) of between $1/kg and $2/kg.
Platio debuts new walkable solar panels
The Hungarian company said its new products can handle a load of 300 kg. The modules are available with power outputs of 23.65 W and 59.68 W and can be integrated with wood-plastic composite, wood, stone, or ceramic floorings.
Hungary’s residential PV subsidy scheme draws 20,000 applicants
The Hungarian government says 20,000 households have signed up for its PV subsidies scheme, which offers up to HUF 5 million ($14,125) per home installation. The original HUF 75.8 billion budget was increased by HUF 30 billion in July.
