Author: solarenergy

Solarwatt says it will close its battery factory in Germany. Battery production at the Dresden factory will cease at the end of this year and the company will move all battery and solar panel production to China. May 28, 2024 Sandra Enkhardt and Ralph Diermann By pv magazine GermanySolarwatt, a German manufacturer of solar panels and batteries, said this week that it plans to stop production of battery storage systems at its plant in Dresden, Germany, at the end of the year.“For economic reasons, continued activities in Germany after 2024 are unfortunately no longer possible in the near future,” said…

The Japanese electronics manufacturer has launched the NU-JC440 and NU-JC430B panels with efficiencies of 22.53% and 22.02% respectively. Both products are IEC/EN61215 and IEC/EN61730 certified and use M10 wafers. May 28, 2024 Emiliano Bellini Sharp has developed new n-type monocrystalline bifacial solar panels based on tunnel oxide passivated contact (TOPCon) cell technology.The NU-JC440 and NU-JC430 modules both feature a glass backplate, 108 half-cut solar cells based on M10 wafers and a 16 busbar design.“The NU-JC440 TOPCcon n-type monocrystalline panel features a sleek black frame and a white backplate,” the manufacturer said in a statement. “The NU-JC430B module is an all-black…

Last updated: May 27, 2024 11:00 PM EDT | 1 minute read A major Chinese bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it focuses on further CBDC adoption.Per CICC Onlinethe bank announced that verified digital yuan wallet users can now get “personal carbon account points” when they use the app to make purchases at the CBDC.Major Chinese bank: digital yuan and green finance are freeCustomers collect CO2 points when they make retail payments in e-CNY via the app.They can also earn points by using digital yuan tokens to “make purchases and credit card payments.”Several Chinese…

The Greek Parliament has approved a new law introducing renewable energy policies for auction design and small projects with stable feed-in tariffs. May 27, 2024 Ilias TsagasSince 2016, when Greece introduced its competitive auction framework for renewable energy and held its first PV tender, the country has awarded more than 2 GW of solar capacity. Awarded projects generally participate in the energy market and provide variable feed-in premiums on top of market prices. The value of these premiums depends on a number of market variables, such as the marginal price, in addition to rates set through competitive tenders.This policy is…

The Eurasian Development Bank has agreed to provide Bishkek Solar with $210 million over 15 years to build a 300 MW solar power plant in Kyrgyzstan. National Electric Grid of Kyrgyzstan will purchase electricity for a period of 25 years. May 27, 2024 Patrick Jowett The Eurasian Development Bank and Bishkek Solar have signed an agreement to finance the construction of a 300 MW solar power plant in the village of Toru-Aigyr, Issyk-Kul region in eastern Kyrgyzstan. The bank will provide up to $210 million in long-term financing over a 15-year period.The power plant is expected to be put into…

Metasphere Labs (CBOE:LABZ) has unveiled a new initiative designed to accelerate the decarbonization of the electric grid The developer of tokenized assets and open metaverse environments pioneers a carbon credit protocol tailored specifically for grid-scale batteries This protocol aims to quantify and monetize the CO2 reduction potential of large-scale battery storage systems Metasphere Labs stock opened trading at C$2.98 per share Metasphere Labs (CBOE:LABZ) on Monday unveiled a new initiative designed to accelerate the decarbonization of the electric grid. The developer of tokenized assets and open metaverse environments is pioneering a carbon credit protocol specifically tailored to grid-scale batteries. The…

Wood Mackenzie says in its latest report that low prices and integrated supply chains will enable Chinese manufacturers to meet more than 65% of total global demand for renewable energy equipment, with exports expected to grow by 35% between 2019 and 2023. May 27, 2024 Patrick JowettManufacturing costs for China-based renewable energy producers are up to 200% lower than Western players in key competitive markets, according to a new report from Wooden Mackenzie.The consultancy said rapidly falling prices, alongside integrated supply chains and a “high performance standard”, have enabled China-based renewable energy producers to meet more than 65% of total…

Researchers in Nigeria have proposed building inverted perovskite solar cells exclusively with completely inorganic transport materials and a lead-free perovksite absorber. Through a series of simulations, they showed that this device can achieve an efficiency of more than 30% with low production costs. May 27, 2024 Emiliano BelliniA research group in Nigeria has proposed building n-type heterojunction planar inverted perovskite solar cells without using transparent conductive oxides (TCOs) for the passivation contacts.The researchers said this new design aims to maximize cell performance while reducing production costs and environmental impact. “The ability to achieve high efficiency using the reverse planar technique…

Swiss consultancy Pexapark says the total capacity of signed power purchase agreements (PPA) in Europe more than doubled in April compared to the volume in March. Meanwhile, all tracked PPA prices rose 1.6% month-on-month. May 27, 2024 Patrick Jowett European developers signed 28 PPAs in April for a total of 1.5 GW. according to the latest report of Pexapark. The total capacity has more than doubled compared to the amount registered by Pexapark Marchmaking April the second strongest month in terms of PPA activity this year.The second largest renewable energy deal was an onshore wind deal between Alterric and Statkraft,…

Affordable Wire Management (AWM) announced that the company has achieved a 630A rating Renewable Energy Test Center (RETC), a Nationally Recognized Testing Laboratory (NRTL). AWM’s CMS is the first in the industry to achieve this rating, making their offering eligible to support Sungrow’s recently released 4.4 MW SG4400UD-MV modular inverter in North America. “Sungrow’s 4.4 MW inverter breaks new ground for more efficient and cost-effective utility-scale solar design. By installing our inverters, developers can reduce overall LCOE by requiring fewer inverters per megawatt. Thanks to AWM’s innovations, the higher demands are managed safely, as their all-metal CMS are bonded and…