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solar photovoltaic system

10% PV Installations Will Incorporate Storage Within a Decade: DNV Report

DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […]

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35 PV+Battery Hybrid Plants Achieved Commercial Operations in US in 2022: Berkeley Lab

Berkeley Lab has released a report on “Utility-Scale Solar, 2023′ presenting an analysis of empirical plant-level data from the U.S. fleet of ground-mounted photovoltaic (PV), PV+battery, and concentrating solar-thermal power (CSP) plants. The report shares details on the capacities exceeding 5 MWAC or of 5 MWAC or less, which also includes residential rooftop systems. Trends […]

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NLCIL Wins its Largest Renewable Energy Project of 810 MW in RRVUNL Tender

CPSU under the administrative control of the Ministry of Coal, NLC India Limited (NLCIL), has emerged as a successful bidder for 810 MW grid connected solar photovoltaic power projects in a tender floated by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The said capacity is to be set up in 2000 MW Pugal Solar Park […]

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Govt Releases Framework For Promoting Energy Storage

The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems.  The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […]

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Trina Trackers Adds 2.5 GW Plant In Brazil, Global Capacity Now 10 GW

TrinaTracker, a smart tracker solution provider which is part of Trina Solar Co., has opened a smart tracker manufacturing plant in Salvador, Brazil. The factory will have annual production capacity of 2.5GW and will increase TrinaTracker’s global production capacity to 10GW, to meet the company’s growing business needs. TrinaTracker smart control system production line This is […]

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Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA

A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […]

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Global Perovskite Output Will Pass 2 GW Mark in 2026: Rethink Energy

Rethink Energy has released its latest report on Perovskites in photo voltaic systems, reflecting on how every indicator – manufacturing activity, equipment supply and successful pilots- indicating significant ramp in installed Perovskite systems from 2026 onwards, taking over the industry inside another decade.   Future Estimates The report expects that global perovskite manufacturing output will […]

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Growatt Unveils New C&I Inverter ‘MID 33-50KTL3-X2’ for India

Growatt, a global distributed energy solution provider, has established a development platform to enable the development of and iterate products efficiently. The firm, guided by its R&D team, has introduced its latest inverter– the ‘MID 33-50KTL3-X2’ , which, it says, is poised to address critical challenges faced by the rapidly developing photovoltaic (PV) industry. India […]

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Chinese Tracker Major Arctech Bags GW Scale Deal In Uzbekistan

Central Asia continues  to deliver big foor Chinese equipment majors. Arctech, which claims to be the world’s leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of 1GW. The CEEC team is […]

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