The Indian authorities say the nation's latest 10 GWh tender was oversubscribed. It attracted seven bidders, including ACME Cleantech Solutions, Reliance Industries, and Waaree Energies. From pv magazine India India’s Ministry of Heavy Industries (MHI) has received seven bids for its global tender for the rebidding of production-linked incentives (PLI) for 10 GWh advanced chemistry cell (ACC) manufacturing, originally announced in January 2024. ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Reliance Industries, Lucas TVS, and Waaree Ener ..read more

Chinese module manufacturer JinkoSolar has recorded roughly $16.4 billion of revenue and a $1.06 billion net profit for 2023, with PV module shipments reaching 78.52 GW. Its module manufacturing capacity hit 110 GW at the end of December. Chinese solar module maker JinkoSolar has unveiled its 2023 financial report, showcasing notable growth in both revenue and net profit. It said that it recorded revenue of CNY 118.682 billion ($16.38 billion), up 43.55% from the preceding year. Its net profit attributable to shareholders of listed companies reached CNY 7.440 billion ($1.06 billion), up 153.20 ..read more

France's DualSun has developed foldable plug-and-play solar kits with a power range of 420 W to 1.68 kW. From pv magazine France France-based hybrid solar module manufacturer DualSun has launched a new foldable solar kit for residential and outdoor applications. The Preasy plug-and-play PV kits offer a good alternative for households that do not have easily “solarizable” rooftops, due to budget limitations, poorly oriented roofs, or other issues. “Currently, only 5% of homes in France are equipped with solar panels,” said Jérôme Mouterde, the CEO and co-founder of DualSun. “Of the 18 GW of PV ..read more

In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined. The fastest energy change in history is still underway. In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with everything else combined (gas, coal, hydro, nuclear and others). This constitute ..read more

The Australian federal government's initiative to install 400 community batteries across the nation has reached the Australian Capital Territory, with plans for three new battery energy storage systems. From pv magazine Australia Three new community batteries with a capacity of 160 kW/440 kWh will be installed in Canberra in the coming months, as the Australian federal government has committed AUD 1.5 million ($960,000) in funding for the projects. The batteries will be owned and operated by Australian Capital Territory (ACT) network owner Evoenergy. They will be installed in the Canberra subu ..read more

GameChange Solar, a US-based tracker supplier, has announced the construction of a 3 GW tracker factory in Saudi Arabia, with plans for potential expansion to 5 GW in the future. GameChange Solar, a Connecticut-based supplier of solar tracking solutions for ground-mounted PV plants, is teaming up with China-based PV manufacturer Jiangsu Zhenjiang New Energy Equipment (JZNEE) to build a 3 GW tracker factory in Dammam, Saudi Arabia. The facility will have an initial capacity of up to 3 GW, with the potential for expansion to 5 GW. It is scheduled to start operations by June 2024. The companies a ..read more

Azerbaijan has revealed plans for its first renewables auction, in order to facilitate the design, financing, construction and operation of a 100 MW solar plant. Applicants can contact the Ministry of Energy from April 30 to participate in the first of two auction stages. Azerbaijan’s Ministry of Energy has announced an auction for a 100 MW solar plant in Gobustan district, eastern Azerbaijan.  The auction will be held in two stages. Companies that wish to participate in the first phase, which will determine project eligibility, can request a qualification eligibility document from the mi ..read more

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