Author: Power Peak Digest Team Pub Date: November 12, 2024
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ISA’s seventh assembly showcases global solar initiatives and launches new projects
Author: Power Peak Digest Team Pub Date: November 6, 2024 The International Solar Alliance (ISA) opened its seventh Assembly session in New Delhi, with ministers from 29 nations in attendance. India’s Minister for New and Renewable Energy and ISA Assembly President, Shri Pralhad Joshi, emphasized the pivotal role of solar energy, stating, “Solar energy is leading the world toward a sustainable future.” He noted ISA’s successful completion of 21 of 27 demonstration projects, showcasing significant…
Masali village becomes India’s first solar-powered village on the border
Author: Power Peak Digest Team Pub Date: December 20, 2024 Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the…
Estuary Power secures financing for Escape solar project in Nevada
Author: Power Peak Digest Team Pub Date: January 10, 2025 Estuary Power has closed a $340 million financing package for the Escape solar and storage project in Lincoln County, Nevada. The project will feature 185MW of solar capacity combined with 400MWh of battery energy storage, providing reliable power to key customers including MGM Resorts International, Overton Power District, Caesars Entertainment, and Wynn Las Vegas. The financing includes tax equity commitments from Morgan Stanley Renewables, along…
Art-PV secures MNRE grant for tandem solar cell manufacturing plant
Author: Power Peak Digest Team Pub Date: February 5, 2025 Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and Renewable Energy (MNRE) to establish a manufacturing plant for high-efficiency tandem solar cells. The company’s innovative tandem cell achieves 29.8 per cent sunlight-to-electricity conversion, surpassing the 23 per cent efficiency of conventional solar cells. This technology combines silicon with cadmium telluride (CdTe) and a perovskite-structured material to…
Sun Drops receives LoI for 9 MW solar projects under CPP segment
Author: Power Peak Digest Team Pub Date: October 25, 2024 Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment. The projects are scheduled for completion in various tranches by May 2025.
Panasonic opens RE100 renewable-powered manufacturing plant in Wales
Author: Power Peak Digest Team Pub Date: December 4, 2024 Panasonic Manufacturing UK has launched its RE100 facility in Cardiff, Wales, powered entirely by renewable energy sources including hydrogen fuel cells, solar photovoltaic (PV) power, and battery storage. The facility features 21 hydrogen fuel cells with 95% efficiency, 372 kW of solar capacity, and 1 MWh of battery storage, all managed via Panasonic’s energy management system (EMS). The EMS balances electricity demand and supply, storing…