Sinovoltaics updates battery energy storage system financial stability ranking
The latest financial stability report ranks Tesla, Kung Long Batteries, Mustang Battery, Eaton, and Hyundai Electric in the top five spots out of 55 manufacturers.
Year-to-year solar variability peaks in Europe, Australia, Argentina, and China
In a new weekly update for pv magazine, Solcast, a DNV company, reports that the regions with the highest year-to-year variability in irradiance include Central and Northern Europe, East Coast Australia, Northern Argentina, and China, with Africa exhibiting the most stable irradiance year-on-year.
Insolation Energy to add 3 GW solar panel, 1.4 GW cell capacity by March
The Indian manufacturer is expanding its solar panel production capacity to 4 GW annually, up from a current 1 GW. It is also setting up manufacturing capacities for 12,000 MT of aluminum framing and 1.4 GW of PV cells. The new capacities will be commissioned during fiscal year 2024-25.
India allocates 630 MW of renewables-plus-storage capacity at average price of $0.059 /kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.
Wafer prices near bottom, size evolution and capacity globalization continue
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Researchers find agrivoltaics have LCOE of $0.039/kWh, 7-year payback time in India
Indian researchers have compared the performance of an agrivoltaic system to monofacial and bifacial rooftop PV systems, and have found that the agrivoltaics setup had a shorter payback time and lower levelized cost of energy. Their analysis of performance considered panel temperature, power output, land equivalent ratio, and reliability.
Tesla continues scaling up energy storage business in China
The announcement of Tesla’s battery factory in Shanghai marked the company’s entry into the Chinese market. Amy Zhang, analyst at InfoLink Consulting, looks at what this move could bring for the US battery storage maker and the broader Chinese market.
Poland launches tender for 263 MW/900 MWh battery storage system
Polish utility PGE Group has launched a tender for the design and construction of a battery storage facility with a minimum capacity of at least 900 MWh. Meanwhile, Ukraine’s DTEK has completed the acqusition of a 532 MWh battery storage project in southern Poland.
SJVN secures 2.4 GW pumped storage project in India
Indian hydropower provider SJVN said the pumped hydro storage project will be deployed across Darzo Nallah, a tributary of the Tuipui River.
Critical mineral report highlights Australia’s solar panel recycling potential
A new report published by the CSIRO says Australia’s research into solar recycling is second in the world, outside China, but suggests the establishment of mid-stream activities such as the production of metallurgical silicon and polysilicon have big potential.
