PV module prices in India have increased by ~38% in the last 20 months, in part due to supply chain disruptions and rising solar demand, with prices not expected to fall until the end of next year.
Kontron AIS is supporting PV manufacturers with a standardised Manufacturing Execution System (MES) for production control, material track and trace and equipment performance tracking, covering all processes from crystal growing over wafer and solar cell production to module assembly.
Solar cell production equipment supplier Suzhou Maxwell Technologies has increased the power of a 60-cell heterojunction (HJT) module by more than 5W thanks to the addition of a light conversion film.
Tech major Amazon has added 37 new renewable energy projects around the world, with a total of 3.5GW of additional power to its already 12.2GW portfolio of renewable energy.
UAE-owned renewable energy company Masdar has agreed signed a Memorandum of Understanding (MoU) with Kyrgyzstan’s Ministry of Energy to explore the development of renewable energy opportunities in the Central Asian nation.
A consortium led by private equity giant BlackRock Real Assets has acquired a 10.53% stake in Tata Power Renewables through a INR4,000 crore (US$525 million) investment.
Solar developers Quantum Power Asia and ib vogt are planning to construct a 3.5GW PV plant and 12GWh energy storage facility in Indonesia that will export electricity to Singapore via a subsea cable.
Total corporate funding of solar fell by 7% year-on-year to US$7.5 billion in Q1 2022, with Mercom Capital warning of “significant headwinds” that could slow momentum considerably.
