News
Bottom in Sight: Solar Module Prices Near Stable
Solar module prices appeared to be at a bottom, with solar cell prices increasingweekly and wafer prices being cut by suppliers. Prices in 2023-24 are expected to rise beyond 22c/watt, signaling a market recovery.
Jul 12, 2023 // Markets & Finance News, China, Asia, solar module
Ameresco's 78.3-MW/313.3-MWh Colorado Battery Project
Ameresco Inc wins a 20-year deal to build a 78.3-MW/313.34-MWh battery storage system for Colorado’s United Power. This project is estimated to be completed in 2024 and will enable efficient storage and dispatching of power during peak times.
Jul 11, 2023 // Storage, USA, North America, ameresco
Elgin Unloads 100MW Solar to Pennon Group
Elgin Energy has sold a 100 MW PV portfolio of solar projects in UK to Pennon Group, estimated to require GBP 85 million investment. These projects are projected to generate low-cost electricity and contribute to UK's net-zero emissions by 2050. Also, Elgin sold 521 MW of solar & 70 MW of battery projects in 2020, to be operational by 2025.
Jul 11, 2023 // Plants, Commercial, Markets & Finance News, UK, Europe, Elgin Energy, Pennon Group
Harnessing Sun's Power: The Record-Breaking Tandem Solar Cell
Experience the world's top tandem solar cells with record efficiency values of up to 33.7%. Expert teams from the Helmholtz-Zentrum Berlin (HZB) and other research institutes are now making these technologies available in principle and potentially low cost.
Jul 11, 2023 // Technology, solar cell, efficiency, HZB, Helmholtz-Zentrum Berlin
EG4 18kPV: New Hybrid Inverter Approved in CA
The California Energy Commission's approval of the EG4 18kPV marks an important milestone in the development of efficient and reliable solar energy solutions. This all-in-one, scalable unit offers smart monitoring, whole house backup, and more. Experience the perfect choice for your cost-effective solar energy solution.
Jul 11, 2023 // Inverters, California, USA, North America
Energiekontor Hits FID on 60MW German Solar PV Project
Energiekontor has reached financial close on a 60MW solar park in Brandenburg, Germany, with construction starting in Q3 2024 and 68GWh of green electricity generated in its 1st year of operation. It also has the option to develop solar parks with a total capacity of 225MW in Germany and France.
Jul 11, 2023 // Plants, Markets & Finance News, Germany, Europe, Solar Project, Energiekontor
GSEO Completes Hybrid Solar-Storage Project in Oz
Victory Hill Global Sustainable Energy Opportunities (GSEO) completes phase 2 of the solar and storage hybrid system in Australia with the addition of a 4.95MW two-hour battery energy storage system. GSEO continues to optimize the grid connection for better renewable power availability.
Jul 11, 2023 // Plants, Large-Scale, Storage, Australia, Oceania, Solar Project, GSEO
Vodafone Powers On-Grid with Iberdrola's Solar PPAs
Iberdrola and Vodafone have signed three Power Purchase Agreements (PPAs) to supply Vodafone with 410GWh of solar generated electricity. These PPAs will help both companies reach their net-zero targets and provide energy security. Three solar plants will be built in Spain and Germany with a capacity of 56MW by 2024. Both companies are committed to finding more sustainable energy solutions.
Jul 11, 2023 // Markets & Finance News, PPA, Iberdrola, Vodafone
1 Million Kilowatts Solar Plant Harvests Sun & Salt in Tianjin, China
World's largest solar plant with 1 million kilowatt capacity connected to grid in Tianjin, China. Plant tilts solar panels at 17 degrees for improved efficiency while producing salt, solar energy and aquaculture - saving 500,000 tons of standard coal and reducing CO2 emissions by 1.25 million tons. Investment in China's new energy sector at $1.36 trillion with high growth expected.
Jul 10, 2023 // Plants, Large-Scale, China, Asia, PV Power Plant
Xcel Clears Path for Iron-Air Battery
Xcel Energy has received approval to build a 10-MW/1,000-MWh iron-air battery at its Sherburne coal-fired power plant in Becker, Minnesota. With 100 hours of energy storage, Breakthrough Energy Catalyst's USD-20-million commitment and Form Energy's Weirton, West Virginia manufacturing facility, this project marks the first of two iron-air batteries Xcel will install at retiring coal plants.
Jul 10, 2023 // Storage, USA, North America, Xcel
BlackRock, Akaysha Seal Risk Hedging for 155-MW/300-MWh BESS
Akaysha Energy, owned by BlackRock Inc's Infrastructure business, has entered into a 10-year revenue swap and risk hedging deal for a 155-MW/300-MWh Lithium Iron Phosphate (LFP) cell technology Energy Storage System to be installed in Hopeland, Queensland. Mitigate revenue risks and expand the project in the future.
Jul 10, 2023 // Storage, BlackRock, queensland, BESS, Akaysha Energy
TotalEnergies, Sonatrach Ink Renewables Pact
TotalEnergies and Sonatrach have signed a cooperation agreement to explore solar, hydrogen and low carbon energies in Algeria. The agreement also includes a R&D programme for the energy transition, as well as increased gas production.
Jul 10, 2023 // Plants, Africa, Algeria, TotalEnergies, Sonatrach
CEE Group Buys 103.5MW Dutch Solar Farm
CEE Group acquires a 103.5-MWp solar project from Ecorus Group in the Netherlands, increasing their solar portfolio to over 350 MWp. Fledderbosch solar park to be commissioned in 2022 with a 15-year fixed tariff under SDE++ support scheme. Ecorus responsible for EPC and first partnership between two companies.
Jul 10, 2023 // Plants, Commercial, Markets & Finance News, Europe, Netherlands, PV Power Plant, CEE Group
Serentica's 1,500 MWhr Green Power Solution
Serentica Renewables has partnered with Greenko Group to utilise 1,500 MWhr capacity from upcoming projects in India, leveraged by investments from KKR. This landmark deal will enable Serentica to supply clean energy to hard-to-abate industries and reduce 37M tonnes of CO2 emissions.
Jul 10, 2023 // Storage, Greenko, Serentica Renewables, pumped storage projects
Robust Perovskite Solar Cells via VTA
Researchers in Thailand have developed a triple-cation perovskite solar cell for low-light applications with improved efficiency of up to 32%. VTA leads to dense, hard morphology and suppressed trap states, and could be adapted for various optoelectronic applications. Learn more in this article.
Jul 10, 2023 // Technology, solar cell, perovskite, efficiency, Thailand's Mahidol University, Chiang Mai University, Center of Excellence for Innovation in Chemistry PERCH-CIC, National Metal and Materials Technology Center, MTEC
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