NHPC has allocated 3 GW of solar capacity at a rate of $0.030/kWh to developers who can set up projects connected to the interstate transmission system across India.
The US Department of Energy’s National Renewable Energy Laboratory (NREL) has updated its annual cost modeling tool in light of the US Inflation Reduction Act (IRA). It has identified higher labor costs for utility-scale solar projects and falling hardware costs due to new manufacturing tax credits.
Israeli developer Teralight says it is buying 16.5 MW of solar projects for ILS 25 million ($6.4 million) from gas supplier Electra Power. It expects to generate ILS 320 million of income over the lifetime of the projects.
Chinese module maker BYD is producing a new bifacial monocrystalline panel at its manufacturing facility in Sao Paulo, Brazil. The module has a power output of up to 355 W and a conversion efficiency of 16.33%.
Hering Group, a centuries-old German construction and engineering company, says it has acquired the PV manufacturing facilities of organic solar film developer Asca, based in Kitzingen, Germany. The previous owners of the facilities describe Asca as a “largely loss-making” venture lacking in sales.
Econergy and NoFar Energy unveiled their jointly managed 155 MW Rătești PV Park in Romania’s south last week, which is claimed to be the country’s largest PV facility. An Econergy spokesperson told pv magazine that the plant, spread across 170 hectares, will be connected to the electricity grid by the end of the month.
OeMAG, an Austrian government-run agency, has allocated incentives for solar and storage across 121,000 contracts this year. Their number was significantly lower in 2022.
Technaxx, a company based in the German state of Hessen, says that its new Technaxx 4G Wildcam includes a 5 W monocrystalline silicon solar panel and network module.
Mondragon Assembly has provided French company Reden Solar with a 400 MW production line. Operations are scheduled to start in the first quarter of 2024.
The Sri Lankan government’s Ministry of Power and Energy is inviting applicants to submit proposals for the construction of two 100 MW floating solar plants at the hydroelectric Samanalawewa Reservoir. The aim is to complement and “leverage” the country’s third-largest hydroelectric scheme through PV.
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