Author: solarenergy
The preliminary decision on countervailing duties on cells from companies in Vietnam, Cambodia, Malaysia and Thailand is lower than some expected for a number of major Chinese producers. October 3, 2024 Anne FischerBy pv magazine USAThe US Department of Commerce has announced a preliminary decision on countervailing duties on solar cells imported by companies in Vietnam, Cambodia, Malaysia and Thailand.Some rates are much lower than initially thought. For example, Philip Shen, an analyst at Roth Capital Partners, said in a note that he expected tariffs of around 15%.Commerce reported that the duties would be as follows:Vietnam 2.85%Cambodia 8.25%Malaysia 9.13%Thailand 23.06%Tariffs…
Clearway Energy Group announced that it has completed financing and begun construction on the 300 MW Pine Forest solar and 200 MW Pine Forest standalone storage projects in Hopkins County, Texas. Once completed, the Pine Forest projects will generate enough electricity to power more than 90,000 homes. The energy storage system stores and dispatches excess energy when demand is high, providing valuable flexibility to the electrical grid. To finance the $665 million project, Clearway put together a banking consortium consisting of Société Générale; Australia and New Zealand Banking Group Limited, New York Branch; Banco Bilbao Vizcaya Argentaria SA, New York…
SEG Solar (SEG), a Texas-based module manufacturer, has started deploying n-type cell production lines in Indonesia’s Kawasan Industri Terpadu Batang industrial park, 390 km east of Jakarta. October 2, 2024 Ev FoleySolar panel manufacturer headquartered in the United States SEG solar energy (SEG) has started construction work on its integrated photovoltaic industrial park in Kawasan Industri Terpadu Batang (KITB), Indonesia, 390 km east of Jakarta.Located in Grand Batang City, Central Java Province, the SEG Indonesia solar industrial park project will have an investment of more than $500 million and cover more than 40 hectares.Phase one of the project will see…
Once electricity prices reach $0.25/kWh, disconnecting from the grid with residential solar plus storage starts to become financially viable, with sunny places making a strong financial case. With the recent drop in battery prices, the case for leaving the grid has become even stronger. October 2, 2024 John Fitzgerald WeaverBy pv magazine USAIf electricity prices in your area are above $0.25/kWh and your roof has enough space, it may be financially feasible to go off-grid with solar and storage. With the recent collapse of solar panel And battery prices, and the Inflation Reduction Actthe argument for leaving the electricity grid…
The link between insurance and climate change is increasingly clear as the industry recognizes its critical role in managing climate risk. Insurers are more than financial institutions; they are pivotal in strategies to mitigate climate impacts. With extreme weather events on the rise, reducing carbon emissions within the industry is becoming urgent. By addressing their own emissions, insurers can enhance the resilience of their portfolios and contribute to broader sustainability efforts. Carbon credits, which allow organizations to offset emissions, offer insurers a path to invest in projects that align with their environmental goals. This engagement positions them as leaders in…
Low Carbon’s four projects will reduce CO2 emissions by around 40,000 tonnes per year, the company claims. Image: Pexels/Kelly Global renewable energy company Low Carbon has successfully powered four large-scale solar projects in Britain, which will collectively deliver 133 MW of clean energy to the grid and, according to Low Carbon, reduce emissions by around 40,000 tonnes of CO2 annually . The latest addition to the company’s roster, the 49.9 MW Layer Solar Farm in Essex, includes a newly built 132 kV substation, which will enable direct grid connection for the project’s solar-generated energy. The three other projects are the…
The price of silver has risen by more than 30% since the start of the year, with a particularly strong increase recorded in recent months. October 2, 2024 Emiliano Bellini Image: Scottsdale Mint, UnsplashThe price of silver has risen significantly since the beginning of this year and now surpasses $31 per ounce.“The silver market is currently performing well, and this is due to continued strong industrial demand for silver, especially in clean energy and electrical and electronic applications. In addition, there is an ongoing significant shortage of silver,” said Michael DiRienzo, president and CEO of The Silver Institute pv magazine.…
LG Chem announced that its Platform Technology R&D team has developed a temperature-sensitive Safety Reinforced Layer (SRL), a material described as capable of suppressing thermal runaway. The material was analyzed in collaboration with researchers from Pohang University of Science and Technology (POSTECH) in South Korea, while safety verification was carried out in collaboration with LG Energy Solution. October 2, 2024 Marija Maisch By ESS newsThermal runaway has plagued the lithium-ion battery industry since its inception. Although measures have been gradually taken to reduce safety risks, which today have reached a very high point, ‘thermal events’ – which generate gas and…
Créawatt this week unveiled a new version of its ultra-lightweight Luxsiol photovoltaic system for zinc roofs. It weighs only 3.25 kg/m² and enables all types of flat roofs made of bitumen, PVC, ethylene propylene diene monomer rubber or T333/T250 steel sheet. October 2, 2024 François PuthodBy pv magazine FranceThe area of zinc roofs in France is significant, especially in Paris, where 70% of roofs are covered with this material, amounting to almost 22 million square meters.With this in mind, French startup Créawatt has developed an ultra-light and self-attaching photovoltaic solution that takes into account the limitations inherent in this particularly…
U.S. Senator Ben Ray Luján (DN.M.) introduced the Community Solar Consumer Choice Actlegislation that would support community solar projects and expand access to solar energy across the country, regardless of a person’s income or ability to host a solar system on their roof. Senator Luján has been a champion of advancing clean energy through community solar, previously introducing legislation requiring states to consider policies to promote the deployment of community solar projects. Representative Kathy Castor (D-FL) introduced companion legislation in the House. Currently, nearly half of U.S. households and businesses cannot use rooftop solar systems due to high installation costs…