Author: solarenergy
At a time of growing demand for battery energy storage, pv magazine spoke with Eloisa de Castro, CEO of Enerpoly, a Swedish company preparing to launch the world’s first zinc-ion battery mega-factory on its own territory. Now that the rechargeability issues have been resolved, the company expects its safe and durable zinc-ion batteries, which rely solely on a European supply chain, to increase their market share in the coming years. June 7, 2024 Sergio MatalucciFrom pv magazine ESS news placeThe energy storage market was worth between $44 billion and $55 billion in 2023, and is expected to reach $150 billion…
Fronius has unveiled plans to cut 350 jobs due to “continued weak sales” of its solar division. The Austrian inverter manufacturer significantly expanded production and hired new employees in 2022 and 2023. June 6, 2024 Jochen Siemer By pv magazine GermanyAccording to the Austrian Press Agency (APA), Fronius plans to cut 350 jobs.The company will reportedly reduce its workforce, especially at its production site in Sattledt. It blamed the “current solar crisis” for its decision.By the end of 2023, Fronius had already reduced working hours and temporary workers. The company said at the time that it was “well prepared” for…
The Rise of Renewable Energy In the face of escalating climate change and the need to reduce our reliance on fossil fuels, the search for sustainable energy has never been more critical. Renewable energy stands at the forefront of this battle, offering a beacon of hope for a cleaner, greener future. Renewable energy sources harness natural phenomena to generate power, presenting an alternative to traditional fossil fuels that contribute to greenhouse gas emissions. Among these sources, tidal energy, wave energy, and solar panels have emerged as promising contenders in the shift towards sustainability. As we delve into tidal energy, wave…
A European research team has investigated interconnection and encapsulation strategies to improve the moist heat and mechanical resilience of vehicle-integrated photovoltaic (VIPV) modules, finding that carbon fiber-reinforced plastics hold promise. June 6, 2024 Valerie ThompsonTo increase the driving range of electric vehicles, research groups are investigating the integration of solar cells on the roof, hood, trunk and side panels of the vehicle. But such vehicle-integrated photovoltaic (VIPV) applications will require new, lighter modules, based on a deep understanding of potential failure mechanisms and resilient module designs.A European research team has reported some progress toward that goal after investigating interconnection and…
Today, Arevia Power announced the signing of a power purchase agreement with NV Energy for the largest solar and battery storage project in Nevada. This groundbreaking project, worth more than $2.3 billion, represents the largest investment in renewable energy in the state’s history. The Libra Solar project is expected to be commissioned in late 2027 and will be located approximately 20 miles south of the Fort Churchill substation in Yerington, near the Mineral County-Lyon County border. “Arevia’s Libra project will have a tremendous impact on the future of clean energy in Nevada,” said Kenneth Cooper, president of IBEW International, which…
The temporary pause on import collection and tariff enforcement on imports of Chinese-origin solar cells and panels from Cambodia, Malaysia, Thailand and Vietnam, which have been found to circumvent U.S. trade laws, expires today. Starting tomorrow, anti-dumping/countervailing duties (AD/CVD) will be imposed on imports of solar panels from the four Southeast Asian countries. In August 2023, the Commerce Department determined that Chinese solar cell and panel manufacturers were operating in Cambodia, Malaysia, Thailand and Vietnam as a way to avoid paying duties on Chinese-made solar products that have been in effect since 2012. The tariffs were extended to solar exports…
Enosi Energy has signed a unique initiative with real estate investment company EG Funds using a aligned energy supply agreement to increase the renewable energy used by commercial properties in Sydney, Australia. June 5, 2024 Ev FoleyBy pv magazine AustraliaNetherlands-based renewables developer Photon Energy has been generating energy for EG Fund properties since January 2024, from its 14.6 MW/27.8 GWh Leeton and Fivebough solar parks. The energy is matched every 30 minutes with the consumption load of two EG Funds buildings in Sydney.Business energy retailer Next Business Energy is also participating in the project.Enosi energy Head of Strategy Grant McDowell…
Investments in solar energy exceed all other forms of energy: IEA More money is being poured into solar power than all other electricity sources combined, with investment expected to reach half a trillion dollars this year, the world’s top energy research body said Thursday. The International Energy Agency (IEA) predicts in a report that global investments in clean energy will reach $2 trillion this year, twice the amount going to fossil fuels. It said combined investments in renewable energy and networks would overtake the amount spent on fossil fuels for the first time in 2023. “Investments in clean energy are…
Chinese manufacturer Longi says it is not closing its factory in Malaysia or shutting down its production lines in Vietnam, but acknowledges it is making production adjustments at these facilities. June 6, 2024 Vincent ShawLongi has denied that it plans to close some of its production facilities in Southeast Asia, in response to rumors on various Chinese social media platforms.The company said it will not gradually close its panel factory in Malaysia, nor will it halt operations on five production lines in Vietnam. It also said the sale to Yingfa Group of two cell production lines, including equipment and facilities,…
Chilean utility Colbún has unveiled plans for a major pumped-storage hydropower project in northern Chile. The facility will use desalinated water from the Pacific Ocean to store energy and use it when it is needed most. June 6, 2024 Marija Maisch From pv magazine ESS news placePumped Hydro (PHES) has long been the dominant energy storage technology worldwide, but today’s fast-growing battery energy storage fleet looks set to take the throne. According to some industry figures, the move to the top in terms of installed gigawatts will likely happen as soon as next year, as batteries become as mature and…