Author: solarenergy
FGEN acquired the portfolio in 2015. Because it is the company’s only solar roof investment, it is considered non-core to the broader FGEN portfolio. Image: Pixabay. Private equity firm AtmosClear Investments has acquired a fully operational 6.4 MW rooftop solar portfolio. Foresight Environmental Infrastructure (FGEN), a listed investment company and part of the Foresight Group, has this morning (December 10) announced the sale of 100% of its operational rooftop solar portfolio for a total consideration of £21.2 million. £20.5 million is payable on completion, with a further £0.7 million deferred in connection with the fulfillment of post-completion obligations. The portfolio…
ACCURATE battery intelligence has launched Warranty Tracker, a new feature for battery energy storage owners that increases transparency about who must pay for damaged equipment. This feature also saves costs by making it easier for owners to identify problems and submit successful claims. Performance guarantees for battery energy storage systems (BESS) promise high levels of power output, energy availability and throughput if operators adhere to a strict set of requirements and restrictions. These warranties require operating conditions that, if exceeded, may result in a penalty that reduces warranty coverage or, in some cases, voids the warranty entirely. For example, if…
PV Hardware USA has developed a solar tracker algorithm to improve energy collection in cloudy conditions. The algorithm could improve yields by as much as 20% on some days compared to traditional sun tracking methods. December 10, 2024 pv magazine By pv magazine USA A new solar tracker algorithm developed by PV Hardware USA can increase energy collection during cloudy conditions, potentially by as much as 20% on some days compared to traditional sun tracking algorithms. Traditional solar tracker technology allows solar panels to generate some electricity in cloudy weather, but not enough to maintain light on sunny days. The…
The two-hour BESS will be connected to the Richborough substation electricity grid and is expected to be fully operational in 2025. Image: EDP. Portuguese utility EDP has started building its first standalone battery energy storage (BESS) in Europe through EDP Renewables (EDPR). The 50MW/100MWh BESS, also known as the Harrington Franklin storage project, is located at the Richborough Energy Park near Sandwich, in Kent. The two-hour BESS will be connected to the Richborough substation electricity grid and is expected to be fully operational in 2025. EDP acquired the project from British battery and solar developer Tupa Energy in 2023, a…
The Norwegian government says it is creating a new regulatory framework for energy communities. The new provisions allow PV systems up to 5 MW in size to sell power and share excess energy within specific industrial areas. December 10, 2024 Emiliano Bellini Norwegian Energy Minister Terje Aasland Image: Fanny Løvholm, Energy Departmentet The Norwegian Ministry of Energy defines regulatory changes to allow excess renewable energy from power stations up to 5 MW to be shared within industrial areas. Energy Minister Terje Aasland said the new provisions will increase the country’s share of renewable energy without putting pressure on the electricity…
China’s Bslbatt has introduced the MicroBox 800, a modular energy storage solution specifically designed for photovoltaic (PV) systems on balconies. The system has a storage capacity of 2 kWh and has an 800 W bidirectional inverter. December 10, 2024 Marija Maisch By ESS news Bslbatt, a Chinese storage system manufacturer, enters the balcony PV market with the introduction of the MicroBox 800, a battery storage system with a bidirectional inverter, and the Brick 2, an expansion battery module specifically designed for balcony PV. The MicroBox 800 combines an 800W bi-directional inverter with a 2 kWh lithium iron phosphate battery module,…
Existing EV batteries can last significantly longer under real-world conditions Electric vehicle (EV) batteries exposed to typical real-world driving scenarios such as heavy traffic, city commuting and long highway journeys can last up to 40% longer than previously expected, new SLAC research shows -Stanford Battery Center, a collaboration between Stanford University’s Precourt Institute for Energy and the SLAC National Accelerator Laboratory. This finding suggests that EV owners may delay expensive battery pack replacement or new vehicle purchases for several more years than expected. Traditionally, battery scientists have tested EV batteries in laboratories using a constant charge-discharge cycle. While this method…
Just a few months after starting construction on a cell manufacturing plant in Egypt, Singapore-based EliTe Solar has opened a cell manufacturing facility in Indonesia. The Indonesian project took approximately eight months to complete from site selection to opening. December 10, 2024 Blathnaid O’Dea EliTe Solar’s high-efficiency cell production facility in Indonesia. Image: EliTe Solar PV cell and module manufacturer EliTe Solar is expanding its presence in Indonesia to take advantage of the country’s large solar potential. The Singapore-headquartered company has announced that it has successfully commissioned a high-efficiency solar cell manufacturing center in Indonesia. The project has been in…
Dalian-based Rongke Power has completed construction of the 175 MW/700 MWh vanadium flow battery project in China, expanding its global fleet of utility-scale projects to more than 2 GWh. December 10, 2024 pv magazine By ESS news Rongke Power has announced the completion of the 175 MW/700 MWh Xinhua Ushi Energy Storage Project in the Xinjiang region of northwest China. The project will help improve the stability of the electricity grid, manage peak loads and integrate renewable energy, by supporting grid formation, peak load regulation, frequency regulation and renewable energy integration. Previously, Rongke built the 100 MW/400 MWh Dalian system,…
The SolarEdge Home Battery ‘USA Edition’ has a storage capacity of 9.7 kWh and is designed to provide domestic content quality as a bonus. December 10, 2024 Anne Fischer By pv magazine USA The SolarEdge Home Battery is a DC-coupled, lithium-ion backup solution that can store up to 9.7 kWh with an estimated round-trip efficiency of 94.5%, according to SolarEdge. Made in the United States, the company reports that it is designed to qualify for the domestic content bonus credit under the Inflation Reduction Act. The battery, which is UL 9540A compliant, requires connection to the SolarEdge Home Hub inverter…