Global renewable energy capacity additions are set to reach an all-time high of 440 GW in 2023. This growth is being driven by a number of factors, including expanding policy support, concerns over energy security, and the improved competitiveness of renewable energy compared to fossil fuel alternatives.
According to the recently released Q1 2023 India Solar Market Update, India witnessed a decrease in solar capacity growth during the first quarter of the calendar year. The country added 1.9 GW of solar capacity during this period, marking a 30% decline compared to the 2.7 GW installed in the previous quarter of 2022.
A team of researchers from AVANCIS, a solar module manufacturer in Munich, Germany, has broken the 20% efficiency barrier for CIGS thin-film modules measuring 30 cm x 30 cm. The previous record, also set by AVANCIS, was 19.8%. The new efficiency of 20.3% was independently certified by the National Renewable Energy Lab.
The International Energy Agency (IEA) has predicted a slowdown in utility-scale solar projects in India for 2023 and 2024 due to a shortage of solar modules, reduced auction volumes, and challenges in the supply chain.
The International Institute for Sustainable Development (IISD) recently published a report outlining different business models that can help India overcome the challenges of implementing agrivoltaics, a practice where solar panels are installed on agricultural land.
The International Institute for Sustainable Development (IISD) recently published a report outlining different business models that can help India overcome the challenges of implementing agrivoltaics, a practice where solar panels are installed on agricultural land.
The Ministry of New and Renewable Energy (MNRE) has made updates to the Approved List of Models and Manufacturers (ALMM) by adding five new entrants. These manufacturers, namely SAEL, Rhine Solar, Spark Solar, Genus Innovation, and Fujiyama Power Systems, have a combined module manufacturing capacity of 343 MW.
China’s solar exports surged by 64% to $52 billion in 2022, despite global trade tensions. The country’s low-cost supply and technological expertise were key factors in this growth.
Researchers from the Indian Institute of Technology have proposed a new way to make nuclear power plants safer. They suggest using offshore wind farms to provide backup power in case of a seismic event.
