Author: solarenergy
The Chinese stock market rose for six trading days around the recent National Day holiday, TCL Zhonghuan appointed Wang Yanjun as news CEO and Runergy started production at its new 2 GW solar panel factory in Alabama amid a looming patent lawsuit from Trina Solar. October 8, 2024 Vincent ShawThe Shanghai Composite Index rose 26% in the six trading days surrounding China’s National Day, driven by government measures to stimulate the economy and support stocks. Solar and energy storage companies led the rally, with Longi Green Energy rising 48.54%, Trina Solar 62.48%, Sungrow 54.79% and Arctech Solar 53.66%.TCL Zhonghuan said…
Ashtrom Renewable Energy has announced that the Tierra Bonita solar project is officially operational, marking a major milestone for Ashtrom Group’s renewable energy business. The project received the required approvals for commercial operation before the contract date. The Tierra Bonita Project is a solar energy project in Pecos County, west Texas, covering approximately 2,200 hectares with a capacity of 306 MWAC capacity. “We are pleased to announce the early start of commercial operations for the Tierra Bonita solar project, an important milestone for Ashtrom Renewable Energy,” said Yitsik Mermelstein, CEO of Ashtrom Renewable Energy. “This achievement not only underlines our…
The solar cell, developed by scientists in China, reportedly achieved the highest open-circuit voltage ever measured for an inverted perovksite PV device. The lead carbanion layer was responsible for reducing defects at the interface between the perovskite layer and the electron transport layer. October 8, 2024 Emiliano BelliniA group of researchers led by NingboTech University in China has fabricated an inverted perovskite solar cell with an interface passivator based on lead carbanion (Pb-C–).Inverted perovskite cells have a device structure known as “pin”, where hole-selective contact p is at the bottom of the intrinsic perovskite layer i with electron transport layer…
Netherlands-based Giga Storage is progressing its massive Green Turtle battery energy storage project in Belgium after increasing capacity and assembling construction team October 8, 2024 Marija Maisch By ESS newsGIGA Storage Belgium is preparing to build the largest battery energy storage system in continental Europe. The Green Turtle battery park on the Rotem industrial estate in Dilsen-Stokkem, in the northeast of Belgium, will also be even larger than previously announced.GIGA Storage Belgium initially announced that it would build a battery with a capacity of 600 MW and a storage capacity of 2,400 MWh. It obtained an irrevocable permit for construction…
New research from Germany shows that the optimal size of residential heat pumps in renovation buildings can be achieved without taking into account their potential connection to a PV system and the associated control strategies. An optimal sizing strategy, on the other hand, should not neglect electricity price assumptions. October 8, 2024 Emiliano BelliniResearchers from Germany’s RWTH University of Aachen have investigated the impact of rooftop PV, controls and price assumptions on the design of heat pumps (HPs) and thermal energy storage for renovation buildings and found that solar photovoltaics and control strategies have little influence on the optimal design…
Construction of the projects is expected to begin this month. Image: Highfield Solar. Highfield Solar has successfully secured full financing for two new solar projects in the Republic of Ireland, with a combined capacity of 132 MWp. The company – a joint venture between renewable energy developers ib vogt, Highfield Energy and Aura Power, plus Coöperatieve Rabobank UA – has secured an undisclosed sum to finance the 70MWp Clonin North solar plant and the 62MWp North Arklow project. Highfield Solar has previously collaborated with Coöperatieve Rabobank UA on solar projects, with the two companies working together since July 2021 to…
Scientists have designed a new building-integrated PV system that uses 30mm of phase change material on each side of the wall. The array reportedly achieved superior thermoelectric coupling performance compared to reference BIPV systems without PCM. October 8, 2024 Lior KahanaResearchers from China have designed a new building-integrated photovoltaic system (BIPV) that integrates a layer of phase change material (PCM) on each side of the wall.The new system, called double-PCM BIPV composite envelope (BIPV-dPCM), was experimentally validated via a numerical model and compared with reference systems. According to the results, it achieved superior thermoelectric coupling performance compared to all other…
A report from Energysage discusses the terms and conditions for residential solar loans. October 8, 2024 Ryan Kennedy Image: US Department of Energy, Wikimedia Commons By pv magazine USAResidential solar customers typically purchase their project through a loan, cash, or a third-party contract such as a lease or power purchase agreement (PPA). Marketplace operator EnergySage shared data on trends in residential solar loan packages throughout the first half of 2024.At the end of 2023, Wood Mackenzie reported that 57% of residential solar installations were purchased through a loan. EnergySage said that compared to solar leases, solar loans offer solar buyers…
Good Energy CEO Nigel Pocklington. Image: Good energy. Electricity and clean energy services provider Good Energy Group PLC has acquired Amelio Solar, a solar installation company based in Lincolnshire. Good Energy acquired 100% of the issued share capital of Amelio Solar on a debt-free, cash-free basis for an initial consideration of £5.5 million, payable in cash on completion. Should Amelio Solar achieve gross profit targets for the year ending December 31, 2024, this could reach £6 million with a further cash payment in the first quarter of 2025. Good Energy’s offering is currently aimed at domestic installation. Good Energy aims…
There are thousands of extremely good hydroelectric storage sites around the world with extremely low capital costs. When combined with batteries, the resulting hybrid system has large energy storage, low costs for both energy and power, and fast response. Storage is a problem solved. October 8, 2024 pv magazineBy 2023, there would be twice as much solar generation capacity installed as all other generation technologies combined. The future of energy generation is solar photovoltaics, with the support of wind energy, and energy storage to balance the variability of wind and solar energy.At least nighttime energy storage is required. Currently, pumped…