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Sep 2, 2024 | 
pv-tech.org | Simon Yuen |Jonathan Touriño Jacobo
Despite India’s ambitious solar targets, challenges remain in policy, financing and grid infrastructure. Simon Yuen talks to experts in the solar industry to examine the challenges and opportunities in the Indian market. This article requires Premium SubscriptionBasic (FREE) SubscriptionUnlock unlimited access for 12 whole months of distinctive global analysisPhotovoltaics International is now included.
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Jul 22, 2024 | 
pv-tech.org | Simon Yuen
Indian power company JSW Energy’s renewable power generation has increased by over 40% for the first quarter of the 2025 financial year, but electricity output from solar projects dropped by 2.7% over the same quarter. In its latest financial results, the company said its electricity generation from renewable power sources increased from 2,258 million units to 3,242 million units, representing an increase of 43.6%.
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Jul 19, 2024 | 
pv-tech.org | Simon Yuen
US solar manufacturer First Solar has started an investigation into several crystalline-silicon cell solar manufacturers for potential infringement of its patents. First Solar gained the patents through the acquisition of TetraSun in 2013. The investigation followed First Solar’s announcement of its ownership of patents related to the manufacturing of tunnel oxide passivated contact (TOPCon) and c-Si PV cells.
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Jul 18, 2024 | 
pv-tech.org | Simon Yuen
US residential solar provider SunPower has stopped several operations including new shipments and financing options, according to an analyst note. Investment bank Roth Capital published a letter from SunPower obtained from industry contacts. In the letter, SunPower said: “Beginning today, 17 July 2024, SunPower will no longer be supporting new Lease and PPA (power purchase agreement) sales nor new project installations of these financing options.
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Jul 18, 2024 | 
pv-tech.org | Simon Yuen
Chinese inverter manufacturer Sungrow has signed an 850MW PV inverter supply agreement with Hero Group’s renewables arm, Hero Future Energies. Sungrow said the inverters will be delivered to multiple Hero Future Energies projects in India. Under the agreement, Sungrow will supply its 1,500V inverter solutions from its manufacturing plant in Bengaluru, suitable for “projects in harsh conditions, like deserts”.
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Jul 17, 2024 | 
pv-tech.org | Simon Yuen
US-based off-grid solar product manufacturer d.light has secured US$176 million to support its PayGo consumer loan offering in three African countries. Asset management company African Frontier Capital has provided the news securitisation facility. d.light plans to use this capital to expand its PayGo consumer finance offering in Kenya, Tanzania and Uganda, aiming to make solar-powered products accessible to more low-income households and communities lacking electricity.
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Jul 17, 2024 | 
pv-tech.org | Simon Yuen
Mineral exploration company Comstock Metals has secured a lease to build a solar module recycling facility in Nevada, US. Located at Silver Springs, Nevada, the facility can process up to 100,000 tonnes of decommissioned solar PV modules per year, according to Comstock Metals. Recently, the company received unanimous approval for a conditional use permit from the board of county commissioners of Lyon County, Nevada, for the operations, and material storage of solar modules at the facility.
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Jul 17, 2024 | 
pv-tech.org | Simon Yuen
In July, the Vietnamese government announced it would permit direct power purchase agreements (PPAs) between independent power producers and large electricity consumers. There will be two ways to sell power to customers. First, power can be sold via the national grid, which involves the purchase and sale of electricity via a term contract between an independent power producer (IPP) and a large electricity user or an authorised electricity retailer within a zonal or cluster model.
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Jul 17, 2024 | 
energy-storage.news | Simon Yuen
Renewables developer rPlus Energies has secured more than US$1 billion for a 400MW solar-plus-storage project In Utah, US. Located in Emery County, the Green River Energy Center project consists of 400MW solar PV generation with a 400MW/1,600MWh battery energy storage system (BESS). It has a power purchase agreement (PPA) in place with US utility PacifiCorp. Both companies signed the PPA in October 2022.
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Jul 17, 2024 | 
pv-tech.org | Simon Yuen
The Asian Development Bank (ADB) has provided US$240.5 million in loans to finance rooftop solar systems in India. The financing will be offered to the State Bank of India (SBI) and the National Bank for Agriculture and Rural Development (NABARD). SBI will receive US$90.5 million from ADB’s Clean Technology Fund, while NABARD will receive US$150 million, consisting of US$80 million from ADB’s ordinary capital resources and US$70 million from the Clean Technology Fund.
