Photovoltaic cells manufacturer Hanwha Q CELLS announced today that it has achieved a world-record-breaking multicrystalline solar module efficiency. The independent Fraunhofer ISE CalLab confirmed the record module efficiency rating of 19.5% in relation to the aperture area and a power output of 301 watts. The efficiency record has been published in the widely referenced Efficiency Tables of the renowned scientific journal “Progress in Photovoltaics: Research and Applications” in June 2016.
Neoen, a leading French renewable energy firm, and First Solar announced that they have successfully bid for a 47.5 megawatt (MW) AC utility-scale solar power project in Zambia. The consortium was awarded the project by Zambia’s Industrial Development Corporation (IDC) at a groundbreaking tariff of $0.06 per kilowatt-hour (kWh), the lowest seen in sub-Saharan Africa, to date.
The Clean Energy States Alliance (CESA), a national, nonprofit coalition of public agencies working together to advance clean energy, is pleased to announce the recipients of the 2016 State Leadership in Clean Energy Awards. The 2016 awards recognize six outstanding state programs and projects that have accelerated the adoption of clean energy technologies and strengthened clean energy markets. Winners were chosen by an independent panel of five distinguished judges and are featured in a new report.
The average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025, according to a report released today by the International Renewable Energy Agency (IRENA). The report, “The Power to Change: Solar and Wind Cost Reduction Potential to 2025“, finds that with the right regulatory and policy frameworks in place, solar and wind technologies can continue to realise cost reductions to 2025 and beyond.
Tata Power, India’s largest integrated power company, announced on Monday that, Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed an SPA with Welspun Energy Private Limited (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). This represents the largest transaction in renewables space in India.