China and the United States consistently attract the most annual solar investments. Together, they have received about 50% of all solar investments since 2015, according to a new report by the International Solar Alliance.
IEEFA and JMK Research say that Indian solar module manufacturers will continue to sell products in the US market until July 2024. However, exports could stagnate in 2025 and decline from 2027 due to domestic capacity development under the US Inflation Reduction Act (IRA).
Panasonic Life Solutions India has introduced easy-to-install residential solar kits in India. These kits feature BIS- and IEC-certified solar modules and inverters, along with a mobile app-based energy monitoring system for hassle-free maintenance.
Waaree Energies has agreed to supply 200 MW of its AHNAY 545 Wp bifacial modules to an Engie India PV project in India.
SJVN Green Energy Ltd. (SGEL) plans to develop a 2 MW floating solar pilot project with Ocean Sun’s membrane-based floater technology.
NTPC’s NETRA R&D center and Engineers India Ltd. (EIL) have agreed to collaborate on carbon capture, utilization and storage (CCUS), green hydrogen, and green ammonia.
India’s Loom Solar has launched new bifacial TOPCon solar modules with peak power output of 575 Wp and a front-side conversion efficiency rating of up to 22.3%.
Reliance Industries recently showcased its swappable lithium iron phosphate (LFP) batteries for electric two-wheelers. The batteries can be charged through the grid or with solar to run home appliances.
Mumbai-based RenewSys has launched the Deserv Extreme series of bifacial dual-glass solar modules based on TOPCon technology. The modules are available in peak power outputs of 560 W to 600 W, with front-side efficiencies of up to 23.26%
Axitec Energy India has announced the establishment of 600 MW of pilot solar module lines in India. CEO Tanmoy Duari told pv magazine that 300 MW of the planned capacity in Gujarat and another 300 MW in Tamil Nadu will produce n-type TOPCon solar modules. Production will start in the first quarter of 2024.
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