Author: solarenergy
NPUK aims to raise £1 billion for the solar energy initiative. Image: NextEnergy Capital. Fundraising for NextEnergy Capital’s UK solar infrastructure fund has raised £625 million to date, with additional funding secured through an undisclosed UK defined benefit pension scheme. NextPower UK (NPUK), a private solar fund under international investment company NextEnergy Capital, is looking to raise £1 billion for the initiative. NPUK focuses on acquiring utility-scale solar and battery energy storage system assets at the ready-to-build stage, and is building projects to develop a large operating portfolio. Shane Swords, managing director and head of investor relations at NextEnergy Capital,…
RES, a British renewable energy company, has submitted a planning application for a new 49.9 MW solar farm to South Oxfordshire District Council. If planning permission is granted, RES claims the Nuneham Solar Farm site could supply more than 13,000 homes with electricity and save around 20,000 tonnes of CO2 emissions annually. The site is designed in such a way that agricultural use on the land, namely sheep farming, can be continued. In addition, the project includes the construction of 2.7 km of hedges and the planting of native trees to support biodiversity in the area. Claire Chamberlain, development project…
Carbon streaming company (“Carbon Streaming” or the “Company”), in partnership with Microsoft Corporation (“Microsoft”) and Rubicon Carbon Capital LLC (“Rubicon”), is pleased to announce that it has entered into a carbon credit streaming agreement ( the “Azuero Reforestation Stream”) with Azuero Reforestación Colectiva, SA (“ARC”), a wholly owned subsidiary of the leading project developer Ponterra Ltd. (“Ponterra”), for the ARC Restauro Azura project (the “Azuero Reforestation Project” or the “Project”) located in Panama.The Azuero Reforestation Project is expected to restore 10,000 hectares of degraded tropical forest on Panama’s Azuero Peninsula, which has been converted into low-density cattle ranches over the…
Solar power has announced that it will offer the Tesla Powerwall 3 through its residential dealer network. The company exclusively promoted its own Sunvault energy storage system to residential customers. “Homeowners are increasingly turning to battery storage to protect themselves from continued energy rate increases and power outages. We have witnessed record battery storage sales in 2024 and see a future where virtually all solar systems are paired with storage,” said Shawn Fitzgerald, SVP Corporate Development and Product Strategy at SunPower. “Pairing Tesla Powerwall 3 with our industry-leading SunPower Equinox solar system was a natural step in bringing the best…
India’s Pahal Solar has launched n-type tunnel oxide passivated contact (TOPCon) glass backsheet modules with peak power from 560 W to 595 W and efficiency ranging from 21.68% to 23.03%. May 22, 2024 Uma Gupta By pv magazine IndiaPahal Solar has introduced double-sided glass backsheet modules based on n-type TOPCon technology.The modules are available with peak powers from 560 W to 595 W, with front-side efficiencies ranging from 21.68% to 23.03%. The back delivers up to 30% extra gain in energy generation, leading to a power of up to 774 Wp for the 595 Wp panels.The no-load voltage is 50.82…
The Treasury Department, the Internal Revenue Service, and the Department of Energy (DOE) announced today that the DOE Qualified Advanced Energy Project Credit Program Applicant Portal (48C Portal) is now open to all interested applicants to register for a new allocation round. Interested manufacturers must submit their concept papers via the 48C Portal by Friday, June 21 at 5:00 PM. DOE will only accept complete applications for projects where concept documents are submitted by the June 21 deadline. Submitting a concept paper is the first step in the application process. To be eligible to submit the full application, a concept…
Amp Energy is “full speed ahead” on the development of a green hydrogen production facility with up to 10 GW of electrolysis capacity in South Australia, after completing commercial agreements for the multi-million dollar project. May 22, 2024 David CarollBy pv magazine AustraliaAmp Energy and Australian miner Iron Road said they have completed binding transaction documents paving the way for the development of a green hydrogen and ammonia production facility on South Australia’s Eyre Peninsula.The Cape Hardy Advanced Fuels Projectwhich will deliver production at scale with up to 10 GW of planned electrolyzer capacity, is being developed within Iron Road’s…
BloombergNEF says in a new report that solar and wind energy need to achieve the most emissions reductions before 2030 to stay on track for a net zero scenario by 2050. The net zero scenario aims for a combined solar and wind capacity of 31 TW by 2050. May 22, 2024 Patrick JowettA new report from BloombergNEF says reaching net zero by 2050 depends on tripling renewable energy capacity between now and the end of the decade.It’s the newest New energy prospects presents a path to a net-zero scenario in 2050, the ‘Net-Zero Scenario’ (NZS). It says the window to…
Environmentally friendly battery developed for low-income countries Researchers at Linkoping University in Sweden have developed a zinc and lignin battery that can be used more than 8,000 times. This innovation aims to provide an affordable and sustainable battery solution for countries with limited access to electricity. The study was published in the journal Energy and Environmental Materials. “Solar panels have become relatively cheap, and many people in low-income countries have adopted them. However, near the equator, the sun sets around 6 p.m., leaving households and businesses without electricity. The hope is that this battery technology, even with lower performance than…
Scientists in China have prototyped a PV system that integrates phase change materials, a thermoelectric generator and thermal collectors. The three technologies are intended to cool the solar panel and increase the efficiency of energy generation. May 22, 2024 Emiliano BelliniScientists from Tianjin Chengjian University in China have fabricated an experimental photovoltaic device that integrates three different technologies aimed at improving performance: a phase change material (PCM), a thermoelectric (TEG) generator and thermal collector (T) devices .PCMs can do that absorb, store and release large amounts of latent heat within defined temperature ranges. They are often used at research level…