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NSEFI Solar News Bulletin 05.04.2023

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Nordex Group Bags 106 MW Lithuanian Wind Turbine Order.

Nordex Group Bags 106 MW Lithuanian Wind Turbine Order; it will supply, deliver, and commission 16 units of N163/6.X wind turbines.Read More

India could become world’s second-largest solar manufacturer by 2026

India’s solar module manufacturing capacity could reach 110 GW by 2026. It will also have a notable presence in all upstream components of PV manufacturing, such as cells (59 GW), ingots/wafers (56 GW), and polysilicon (38 GW).Read More

Australian manufacturer reveals 1 MWh sodium chloride battery design

Altech Batteries, a battery tech company in Western Australia, has included “game-changing” sodium chloride technology in its new battery 1 MWh GridPack. It said it expects the new systems to be up to 40% cheaper to produce than dominant lithium-ion alternatives.Read More

ONGC stepping up USD 7 billion drive to boost output

Ongc: Up to 24 field development, enhanced oil recovery (EOR) and improved oil recovery (IOR) projects are currently in progress that will further help reverse the declining trend in oil and gas production.Read More

India cuts windfall tax on crude oil to zero, diesel halved

India in July imposed a windfall tax on crude oil producers and on exports of gasoline, diesel and aviation fuel, to encourage private refiners to sell fuel products domestically instead of shipping them overseas to take advantage of robust refining margins in global markets.Read More

Philippines sets June auction for new 11,600 MW renewables capacity.

The ministry has invited bidders for 3,600 MW of new capacity to be installed in 2024, 3,600 MW in 2025, and 4,400 MW in 2026, under the second round of its Green Energy Auction programme.Read More

Solar Tenders Surge 43% QoQ in Q1 2023, Auctions Decline 50%

Tender announcements were up 172% YoY, and auctions dropped 69% Read More

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