Author: solarenergy
Three Gorges Energy has received US$10.89 billion in financing for 2024. Total installed renewable energy capacity exceeded 40 GW at the end of 2023, while total assets exceeded CNY310 billion. June 25, 2024 Vincent Shaw Image: China Three GorgesThree gorges has announced plans to secure approximately CNY79.1 billion ($10.89 billion) in external financing by 2024. This includes approximately CNY14 billion in equity financing and approximately CNY65.1 billion in debt financing. The funds will primarily support investments in onshore wind energy, solar farms, offshore wind energy, the construction of energy bases, investments in industrial chains, research and development expenditure and technological…
A group of researchers have investigated how high-temperature heat pumps can be scaled up for industrial applications and have found that larger setups promise higher efficiency. They also found that smaller setups show a better coefficient of performance due to design effects. June 25, 2024 Lior KahanaA European research team has investigated the scale-up effects of high temperature heat pumps (HTHP) using the refrigerant R1233zd(E) and found that their size is a key factor in the coefficient of performance (COP).In particular, the group compared the performance of two laboratory-scale HTHPs with different capabilities to make valid general statements about the…
Transgrid – the owner of the electricity grid in New South Wales, Australia – plans to roll out up to 14 synchronous condensers and 4.8 GW of batteries with grid-forming capabilities to stabilize the electricity grid as coal-fired power stations retire and more renewables emerge online. June 25, 2024 David CarollBy pv magazine AustraliaTransgrid, which operates the electricity transmission system in New South Wales, has said the growth of inverter-based sources and the departure of the state’s coal generators are driving an urgent need to add new sources of system power to the energy system.“Our energy system is undergoing a…
Rolls-Royce has started developing a hydrogen combustion engine for combined heat and power (CHP) systems in Germany, while Lhyfe has installed a 1 MW electrolyzer for Deutsche Bahn. June 25, 2024 Sergio MatalucciRolls Royce has started developing technologies for a “first of its kind” hydrogen combustion engine to power combined heat and power (CHP) systems. Company said that within the framework of the Phoenix project (funded by the German government), the consortium aims to match the power density and efficiency of current natural gas CHP units, up to 2.5 MW. The project will receive almost €5 million ($5.36 million) in…
National electricity grid for renewable energy sources commenced operations at the Wild Springs Solar Project in Pennington County, South Dakota. Wild Springs, the largest solar project in South Dakota to date, is a 128 MW solar project located in the Southwest Power Pool (SPP) with a 114 MW power purchase agreement (PPA) with Basin Electric Power Cooperative. Credit: National Grid Renewables “The completion of Wild Springs marks an important step in our commitment to bringing clean, sustainable energy solutions to the state of South Dakota,” said Blake Nixon, president of National Grid Renewables. “We are excited to see the impact…
Bournemouth, Christchurch and Poole Council (BCP) planners approved a 66 hectare Parley Court Solar Farm site, marking a major milestone for Enviromena. Image: Enviromena. The New Forest National Park Authority’s planning committee has unanimously rejected developer Enviromena’s plans for a major solar energy development on a greenfield site in the New Forest National Park. Enviromena manages, operates and maintains more than 300 MW of renewable energy resources and has a 2 GW pipeline across Britain and Europe. The proposal for a 9.85 hectare solar farm with two substations would be contrary to national policy, primary legislation and the adopted Local…
Meyer Burger will start production at its U.S. module factory as it moves its core operations from Germany to the United States. It launches the production of heterojunction solar panels and secures the financing of a new cell factory. June 25, 2024 Sandra Enkhardt Solar panel production in Goodyear, Arizona is now underway. The solar cells required for this will initially come from production in Germany.Image: Meyer BurgerBy pv magazine GermanyMeyer Burger’s new plant in Goodyear, Arizona, has successfully passed a factory audit to UL testing standards and production can now begin.Meyer Burger has already supplied solar cells from its…
Kieron Stopforth explained that the management of the BESS is “a highly integrated and relationship-driven system”. Image: Octopus energy. Utilities have a “slightly different logic” in trading BESS than optimizers when it comes to composition and internal synergies, Octopus Energy said after a recent deal to manage a large BESS portfolio. Octopus Energy has signed a two-year, fixed-price toll agreement with the Gresham House Energy Storage Fund, as the latter announced on June 5. Dispatch and control for the 568MW battery energy storage system (BESS) assets will be managed using the proprietary Kraken platform. The company’s in-house trading team will…
Swiss solar technology pioneer Meyer Burger has started production of solar panel assembly at its new factory in Goodyear, Arizona. A factory audit was recently completed and according to Meyer Burger it went without any problems. The first modules produced in Arizona, as shared on social media. The solar cells used in the panels assembled in America are produced in Meyer Burger’s German factory. Ultimately, Meyer Burger will transition to using cells made at the new factory currently under construction in Colorado Springs, Colorado. Meyer Burger also said it is developing relationships for more domestic components and should announce the…
Solar Resource Compass provides users with a unique and powerful online service that can provide indicative energy production estimates for any solar project, including the comparison of multiple irradiance data sets and the calculation of site-specific dust and snow losses. June 25, 2024 Edgar MezaDNV, the independent energy expert and insurance provider, has expanded its online software platform Solar Resource Compass (SRC) to include support for Europe, with more regions to follow in 2024.The company describes Solar Resource Compass (SRC) as “a powerful software service that provides users with access to DNV’s high-quality solar resource data and energy yield forecasts,…