Author: solarenergy

Grid operator Enedis said last week that France installed 1,013 MW of new PV systems in the second quarter alone. If the current growth rate continues in the second half, the country could install record capacity in 2024. July 22, 2024 Gwénaëlle Deboutte By pv magazine FranceFrench grid operator Enedis has released connection figures for new PV installations for the second quarter of 2024. Between April and June, developers installed 1,013 MW, compared to 965 MW in the first quarter. During the same periods in 2023, a record year, developers added 691 MW and 747 MW to the grid.The total…

The Indian Union Budget will be presented next week. Developers in the country are hoping for lower goods and services taxes (GST) and import duties on solar components, as well as a delay in enforcing the Approved Model and Manufacturer List (ALMM) until domestic supply improves. July 22, 2024 Uma GuptaBy pv magazine IndiaIndia aims to achieve 500 GW of installed electricity capacity from non-fossil fuels by 2030, including 293 GW from solar and 100 GW from wind, the government’s Central Electricity Authority said.As of June 30, 2024, India had installed 85,474.31 MW of solar capacity, of which 12.92 GW…

Romania aims to have at least 2.5 GW of energy storage installed by the end of next year and only exceed 5 GW a year later. July 22, 2024 Marija Maisch By ESS newsAccording to Romanian Energy Minister Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially in the coming years.“In total, we must have a storage capacity of at least 2,500 MW by the end of next year, and we must exceed 5,000 MW by 2026. These objectives are ambitious, but are in line with the recommendations and analyzes of Transelectrica, which show that there is…

Germany-based Phytonics has developed a self-adhesive film with microstructures to reduce glare on PV modules. It is available in sheets and rolls for new and existing PV systems. July 22, 2024 Sandra EnkhardtBy pv magazine GermanyThe blinding effect of solar panels often causes arguments between neighbors. At airports, traffic routes and nature reserves, PV modules must meet specific requirements, usually achieved with an anti-reflective coating. However, Germany-based Phytonics says this coating only increases the yield of the panels and does not prevent glare.Phytonics claims to have developed a self-adhesive film that reduces glare to the necessary extent. The film has…

Labor won the general election last week with a ‘landslide’ victory. Image: NextEnergy Capital. Trade association Solar Energy UK has appealed to the newly elected Labor government to publish an “ambitious” Solar Roadmap and increase the allocation of Contracts for Difference (CfD) in the sixth budget round. Solar Energy UK, which said in a statement that it expects Labour’s election victory to “further accelerate the growth of the solar and energy storage industries”, believes that making these adjustments to the policy landscape will send a clear signal to the industry to stimulate investments. . Labour’s election manifesto energy policy was…

Kinematics unveils advanced ST series actuators for solar trackers Kinematics, a leading intelligent motion solutions company, has announced the first shipment of its innovative ST Series actuators, marking a significant step in technological advancement. The ST series demonstrates extensive research, development and engineering skills. With a unique maintenance-free, grease-free dry bearing design, the ST Series offers 20-50% more holding torque compared to Kinematics’ HE Series. This improvement allows tracking companies to use smaller drives for the same applications, resulting in significant cost savings without sacrificing performance. “Created with a deep understanding of solar tracker customer needs, the Kinematics ST Series…

Philippine renewable energy developer Citicore Renewable Energy Corp. and San Miguel Global Light and Power Corp., a unit of San Miguel Global Power Holdings Corp., will jointly develop a 153.5 MW solar power plant in the Philippines. July 19, 2024 Patrick Jowett Citicore Renewable Energy Corp. (CREC) and San Miguel Global Light and Power Corp. (SGLP) have entered into a joint venture for a 153.5 MW solar project in the Philippines. The two parties will jointly develop, build and operate the factory, which will be located in Barangay Lucanin, Bataan Province, Luzon Island. SLGP is part of San Miguel Global…

According to Mercom Capital Group, corporate financing in the solar sector reached $16.6 billion in the first half of this year. It is said that most of the financing came through debt financing as venture capital and public market financing declined. July 17, 2024 Patrick JowettTotal corporate financing in the solar sector reached $16.6 billion in the first half of 2024, according to data released by Mercom Capital Group in its latest solar financing and mergers and acquisitions (M&A) report.The total figure, including venture capital/private equity financing, public market and debt financing, is 10% lower year-on-year than the $18.5 billion…

Redwire will supply additional solar panels for Thales Alenia Space satellites Redwire Corporation (NYSE: RDW), a leading player in space infrastructure, has announced a new order for the supply of more Roll-Out Solar Array (ROSA) wings for Thales Alenia Space’s Space Inspire* satellites . These satellites are part of Thales Alenia Space’s latest geostationary telecommunications satellite line. Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), is a major manufacturer providing solutions for telecommunications, Earth observation, exploration and navigation. This new order increases the number of shipsets that Redwire will supply under the current agreement with Thales…

This week, Women in Solar Europe (WiSEu) gives voice to Camille Zimmermann, Investment Director at France-based equity firm Omnes. She says that when women are at the helm of companies, there seems to be no problem finding other talented women to join the ranks of their organizations. July 19, 2024 Women in Solar Europe (WiSEu)Although the sustainable energy sector is still emerging, it is part of the traditionally male-dominated energy sector. Likewise, private equity is still led primarily by seasoned male professionals. The intersection of these fields means that female investors in renewables are significantly underrepresented.As an investment professional at…