Weekend read: A moral trilemma
US solar was disrupted in 2022, with module seizures delaying projects due to strict laws designed to stamp out alleged forced labor practices in sections of the Chinese PV industry. However, it remains to be seen whether seizures affected such alleged practices.
India surpasses 64 GW of installed solar capacity
The Indian states of Rajasthan, Gujarat and Karnataka now account for more than 50% of the nation’s cumulative installed solar capacity.
South Korea cuts capacity allocations from 4 GW to 2 GW in solar tenders
South Korea has cut its 2030 renewable energy target from 30.2% to just 21.6%, as it seeks to reduce support for solar and other clean energy sources, while preparing the ground for more nuclear power and liquefied natural gas. A lobby group is now challenging the plan in the Seoul Administrative Court.
MPower teams with Ampyr to accelerate mid-scale solar strategy
Australian renewable energy developer MPower plans to step up its activities after establishing a funding relationship with international investment firm Singapore outfit Ampyr Energy that will help finance the growth of its portfolio of mid-scale solar power and battery energy storage projects.
Global study highlights potential of floating solar
An international group of researchers has calculated the potential for floating solar across the world. The results show a generation potential of 9,434 TWh per year across 114,555 global reservoirs, with 30% of their area covered. The United States leads with 1,911 TWh per year of potential, with Australia coming in 8th, with 210 TWh per year.
IndianOil targets 200 GW renewable energy portfolio by 2050
The state-owned oil and gas major targets 200 GW of renewable energy capacity by 2050. It also plans to have around 2 million metric tonnes of green hydrogen capacity in its fold by 2050.
PV Expo 2023: Japanese solar’s struggle for space
PV Expo and the wider Smart Energy Week wrapped up in Tokyo last week. It revealed ambitious plans for solar and energy storage installations in Japan, including creative approaches to dealing with a severe lack of space for new installations, which should bring plenty of opportunities for domestic and international players.
India exempts some solar projects from domestic content requirements
India’s Ministry of New & Renewable Energy has exempted solar projects from domestic content requirements if they are commissioned by March 31, 2024. The move provides developers with the flexibility to source modules at more cost-competitive rates, according to Indian ratings agency ICRA.
DAS Solar unveils n-type bifacial module for Australian market
Chinese module manufacturer DAS Solar has marked its entry into the Australian market with the release of an all-black n-type bifacial solar panel featuring an output of 410 W to 430 W and efficiencies of up to 22%.
Agrivoltaics market valued at $14 billion
The global agrivoltaics market is pegged at a 10.1% annual growth rate, according to a research note by Allied Analytics.
