Author: solarenergy
In October 2024, a monumental milestone occurred on Navajo and Hopi lands in the southwestern United States. Navajo Power Home, a local solar energy provider for off-grid homes in the Navajo Nation, partnered with Basis Climate to complete one of the smallest tax credit transfers to date – a $355,000 ITC tied to 100 homes on Navajo and Hopi lands. Unremarkable and unknown to many, this sale of tax credits serves as evidence of the democratization and progressive nature of the new tax portability scheme. A standalone deal of this magnitude would not previously have been possible with traditional tax…
Scientists in the UK have simulated how a 1 GW off-grid agrivoltaic facility could be used to power hydrogen-powered electric vehicles in Australia, California, China, Nigeria and Spain. Their techno-economic analysis showed that the proposed combination could deliver a levelized hydrogen price ranging from $3.90/kg to $8.13/kg. December 5, 2024 Emiliano Bellini Researchers from the University of Exeter in the UK have simulated 1 GW agrivoltaic hydrogen generation in Australia, California, China, Nigeria and Spain and found that tomatoes could be the most suitable crop to grow under solar panels. “Producing hydrogen with agrivoltaic energy would be technically and economically…
The Treasury Department and the IRS released the notice final rules for the Sec. 48 Energy Credit – also known as the Federal Investment Tax Credit (ITC). For decades, the ITC has spurred U.S. clean energy development by providing a tax credit for investments in qualifying clean energy real estate – generally 30% of the cost of the project, although the level of the credit in varies over time and by technology. Credit: Primoris Renewable Energy While the ITC has promoted clean energy projects, its effectiveness has been limited by the need for recurring short-term and retroactive legislative extensions, creating…
DAS Solar has unveiled a new, flexible PV mounting system. The company claims the system, now installed over a fishery in China, has already withstood a particularly strong typhoon, demonstrating its reliability. December 5, 2024 Lior Kahana Flexible mounting installation Image: DAS Solar Chinese PV module manufacturer DAS Solar has released its fourth-generation flexible mounting system, which can reach heights of up to 9 meters. The system has two span options: a medium span of 20 meters and a large span of 40 meters. “DAS Solar’s flexible mounting system has a space cable network structure. The system uses prestressing in…
The French TotalEnergies will acquire the German sustainable energy company VSB Group for 1.57 billion euros. It has also agreed to sell 50% of a 2 GW solar plus storage portfolio in Texas for $800 million. December 5, 2024 Patrick Jowett Image: Oskar Kadaksoo, Unsplash Total Energies has agreed to the acquisition of German renewable energy developer VSB Group from Swiss asset manager Partners Group. The transaction, worth €1.57 billion ($1.65 billion) in equity value and shareholder loans, remains subject to the approval of the applicable merger control authorities. VSB has more than 475 MW of sustainable energy capacity in…
How efficiently solar cells can be made with non-toxic processes Efforts to produce environmentally friendly and efficient solar cells have taken a significant step forward thanks to a new design principle developed by researchers at Linkoping University in Sweden. This approach, detailed in a study published in Nature Energy, investigates how the shapes and interactions of molecules influence the performance of organic solar cells. “With electrification and the development of AI, we are likely to see a significant increase in the world’s energy needs. That electricity must come from environmentally sustainable sources if we are to simultaneously slow climate change,”…
The ‘US Solar Market Insight Q4 2024’ report, published by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, states that domestic module production will match the rapid growth rate of the US solar industry, including increase cell production. December 5, 2024 Anne Fischer By pv magazine USA The push to bring the U.S. solar manufacturing supply chain to our country has come with the challenge of an imbalanced capacity of domestically made modules, cells, wafers and blocks. But the tide could be turning, according to “US Solar Market Insight Q4 2024” report by SEIA and Wood Mackenzie. Domestic module…
EnerVenue specializes in the production of high-efficiency metal-hydrogen batteries and launched its latest generation nickel-hydrogen battery in September 2023. This is the product that will be tested by RWE, which will cycle the energy storage vessels (ESVs) during its tests. opportunity to evaluate their performance characteristics as part of the pilot project. ESVs have a long service life and can be deployed efficiently and flexibly thanks to their configurable product architecture. The latest generation of batteries can last more than 30,000 cycles and can cycle up to three times a day without rest. Depending on the cycle rate, the ESV…
Scientists have used open source models to simulate heat pump rollout scenarios for the year 2030. Additional investments of approximately 54 GW to 57 GW of solar PV capacity in a cheapest solution would enable the installation of 10 million heat pumps by the end of this year. the decade. December 5, 2024 Lior Kahana Researchers from the German Institute for Economic Research (DIW Berlin) have analyzed different scenarios for the expansion of decentralized heat pumps in Germany by 2030. They focused on the role of buffer heat storage in limiting electricity needs and on the effect of different methods…
Waaree Energies has signed domestic orders for the supply of 524 MW bifacial n-type tunnel oxide passivated contact (TOPCon) solar panels. December 4, 2024 Uma Gupta By pv magazine India Waaree Energies said it has secured orders for the supply of solar panels totaling 524 MWp, split into batches of 364 MWp and 160 MWp. The awarding companies develop, own and operate sustainable energy projects in India. Waaree Energies said that under the contract it will supply high-efficiency n-type TOPCon bifacial PV modules with a power of 585 Wp, 590 Wp and 595 Wp. Delivery of modules is expected to…