Author: solarenergy
Sinovoltaics has published its latest energy storage manufacturer rankings report, based on balance sheet assessments and publicly available financial information. America’s Tesla is number one, followed by South Korea’s LG Energy Solution, Taiwan-based Kung Long Battery, China’s Mustang Battery and America’s Solid Power in the top five. May 10, 2024 Valerie ThompsonThe latest Sinovoltaics financial stability ranking of battery energy storage system manufacturers, which is based on a balance sheet model and publicly available financial information, lists America’s Tesla at number one, followed by South Korea’s LG Energy Solution and Taiwan-based Kung Long Battery. and the Chinese Mustang Battery, together…
Scientists in the Czech Republic have conducted a techno-economic analysis of a green hydrogen production system powered solely by photovoltaics and wind energy. The system uses excess energy for water treatment and can achieve a levelized hydrogen price of $3.12/kg, according to its maker. May 10, 2024 Lior KahanaAn international research team has conducted a techno-economic analysis to identify the optimal design and size of off-grid wind-solar power plants intended for green hydrogen generation at fuel cell electric vehicle (FCV) refueling stations.The proposed system uses excess energy for electrocoagulation (EC), a method of treating wastewater. “To meet the water demands…
The Science Based Targets initiative (SBTi) has revealed further details on how it plans to assess and potentially revise its corporate net-zero standards, a move that could controversially allow companies to make wider use of carbon credits to offset their value chain emissions. The non-profit organization is currently revising and updating its Corporate Net Zero Standard, which outlines what companies need to do to achieve SBTi validation for their 1.5°C-aligned climate targets. It plans to publish the proposed revisions in July this year. The planned update takes place as part of SBTi’s regular review cycle, which requires the standard to…
The company operated a module manufacturing facility in Lannion, Brittany, northern France. It had filed for bankruptcy in December 2023. May 10, 2024 Gwénaëlle Deboutte By pv magazine FranceFrench manufacturer of PV modules Recom Sillia was declared bankrupt on April 12, following a decision by the commercial court of Saint-Brieuc.The company had filed for bankruptcy in December 2023. It operated a solar panel factory in Lannion, Brittany, northern France.According to the local press, the 32 employees, who had already received their dismissal letter, could benefit from a procedure “that allows them an accelerated move”.Recom acquired the French PV manufacturer Sillia…
Novuna Business Finance is part of Mitsubishi HC Capital UK PLC, designed to support projects from early development to operational phase. Image: Aura Power. Aura Power has announced the successful closing of a £10 million debt facility with Novuna Business Finance. Novuna is part of Mitsubishi HC Capital UK PLC, designed to support projects from early development to operational phase. Bristol-based Aura Power is developing an active pipeline of utility-scale solar and battery energy storage of approximately 12 GW across the UK, Europe and North America. The funding will help advance Aura’s global development and cover expenses such as network…
A new report prepared under the Indo-German Technical Cooperation for Innovative Solar Energy provides a comprehensive overview of India’s floating solar potential. It also provides projections for installations from 2024 to 2040. May 10, 2024 Uma Gupta By pv magazine IndiaA new report prepared under the Indo-German Technical Cooperation for Innovative Solar Energy (IN Solar) shows that water bodies in interior India have the technical potential to host 206.7 GWp of floating solar capacity.The team used GIS-based data for all water bodies in India (calculated in square kilometres) by referring to the European Commission’s Copernicus programme.The dataset was filtered to…
Under new Czech agrivoltaic energy rules, farmers and developers do not need approval to change land designations and zoning plans for agricultural areas intended for solar energy generation. The provisions currently only allow agrivoltaic energy to be deployed in orchards and vineyards. May 10, 2024 Emiliano BelliniThe Czech parliament has passed an amendment to the agricultural land law that will allow the construction of agricultural voltaic plants across the country.“The law simply states that in order to develop an agrivoltaic project, developers do not need to change the land designation and zoning plan of a particular area,” says Jan Krčmář,…
America’s solar supply chains have come under more scrutiny over the past four years than ever before. Successive governments have imposed significant tariffs on the import of solar panel components. The steep tariffs imposed on imports of solar panels threaten to drive prices for the components to potentially unsustainable levels. Broad logistics When the Biden administration postponed the final rounds of module tariffs until June 2024, it sparked a buying frenzy among solar EPCs trying to purchase as much product as possible before prices increase significantly. An unintended consequence, however, is that EPCs need a place to store the modules…
Jin Han Onyx renewable partners and Qcells North America have announced plans to develop two community solar and battery projects in Massachusetts, to be developed by Onyx and have a total capacity of 6.2 MW. “Qcells is excited to build a sustainable future together with Onyx,” said Jin Han of Qcells. “With Qcells’ advanced solar technology, energy storage hardware and Geli energy management system software, and Onyx Renewables’ expertise in project development and execution, our partnership will deliver reliable, cost-effective and sustainable energy solutions that benefit consumers, businesses and utilities . directly. We have high…
Trina Solar has taken legal action against Runergy for unauthorized use of Trina’s TOPCon solar cell technology patents. “Legal action will protect the integrity of Trina’s TOPCon technology,” said Steven Zhu, president of Trina Solar US. “At Trina, we embrace the power to protect our innovations and actively prosecute those who compromise our intellectual property.” Trina Solar says it holds more than 2,000 patents, including a significant number of key TOPCon technology patents. Trina has filed a patent infringement complaint against Runergy USA/Runergy Alabama in the U.S. District Court of Delaware. Runergy is said to have used Trin’a’s proprietary TOPCon…