Author: solarenergy
A recent law passed by the Greek Parliament closed the net metering system to the vast majority of electricity users. The government wants to replace this with a net billing system, which the photovoltaic sector has been waiting for for more than a year. June 18, 2024 Ilias TsagasThe new Greek law 5106/2024, which was approved by parliament at the end of April, concluded the net metering program, including a program to support rooftop solar-plus-battery systems for households, businesses and farmers, as well as a separate net metering program for farmers . The government stopped accepting applications for both programs…
According to forecasts by Norwegian consultancy Rystad Energy, Southeast Asia’s share of hydropower will increase almost eightfold in less than a decade – from 2.3 GW today to 18 GW in 2033. According to Rystad figures, there is currently 2.7 GW of pumped hydropower. storage under construction, while the remaining 13.3 GW is in various stages of development. June 18, 2024 Marija Maisch From pv magazine ESS news placeSoutheast Asia is focusing on pumped-storage hydropower plants to help the country become a clean energy powerhouse in the coming years. According to data from energy research specialist Rystad, the region is…
Decoding Clean Energy Solutions In the quest for sustainable and clean energy, two technologies often come into the spotlight: hydrogen fuel cells and solar panels. These two technologies represent some of the most promising advancements in the effort to reduce our reliance on fossil fuels and lessen climate change. Both hydrogen fuel cells and solar panels offer unique benefits and face specific challenges, making them suitable for different applications and contexts. By exploring the intricate workings, advantages, and limitations of each, we can better understand their complementary roles in the energy landscape. Hydrogen Fuel Cells What Are Hydrogen Fuel Cells?…
Small-scale energy storage manufacturer Electriq Power filed for Chapter 7 bankruptcy on May 3, 2024 and has now partnered with Moecker Auctions to liquidate more than $18 million in assets. Electriq Power was founded in 2014 in Silicon Valley. Last year, the manufacturer merged with the listed takeover company TLGA. Items up for auction include extensive lithium-ion battery lines, solar panels, proprietary software and other intellectual property. Bids are accepted for a bulk purchase of all assets and per product line. Source link
Academics have used geospatial land eligibility research and existing legislation to identify the potential for up to 4.7 GW of floating PV, 24.6 GW of solar parking and 5,437 GW of agrivoltaic energy in Germany. June 17, 2024 Patrick JowettResearchers have analyzed the potential of floating parking, parking and agrivoltaic energy Germany. They say PV in parking lots, water bodies and agricultural areas are all ways to co-use land for solar energy production while reducing land use conflicts.Their assessment used detailed geospatial assessments of land suitability and took into account existing legislation in Germany. Researchers identified study regions for potential…
Carbon Credit MarketThe size of the Carbon Credit Market was estimated at US$450.8 billion in 2023 and total Carbon Credit Market revenues are expected to grow by 30.2% between 2024 and 2030, reaching almost US$2859.31 billion in 2030.Overview of the Carbon Credit MarketA crucial part of the global and national emissions trading programs designed to reduce global warming are carbon credits. Companies trade credits with each other or buy and sell them at the prevailing rate on world markets. Globally and among trading partners, credits are used to finance carbon reduction initiatives. A carbon credit is a document that authorizes…
The Conservative manifesto accuses Labor of ‘closing’ the North Sea, putting 200,000 jobs at risk. Image: Eric Hossinger. Major British political parties have published their manifestos for the July 4 general election. The Labor Party’s manifesto puts green policy “at the heart” of its plans for growth and prosperity. To some extent, all parties focus on climate in their promises to the British public. In the Conservative manifesto, Rishi Sunak wants to deliver on climate without what he has called “unaffordable eco-zealousness”. While the Conservative Party promises to deliver on its commitment to international climate finance, the Conservative Party’s “pragmatic…
Akcome says it could be delisted from the Shenzhen stock exchange after the value of its shares fell below CNY1 ($0.14) for 20 consecutive trading days. At the beginning of June, the manufacturer announced a temporary suspension of the operations of its subsidiaries in the Chinese provinces of Jiangxi and Zhejiang. June 17, 2024 pv magazineChinese solar manufacturer Akcome Technology could be delisted from the Shenzhen stock exchange after the value of its shares fell below CNY 1 for 20 consecutive trading days. Under Chinese securities regulations, a stock that trades below CNY 1 for 20 consecutive trading days will…
The partnership between the two energy technology giants will see Octopus install a solar-powered Tesla Powerwall home battery and Tesla customers will benefit from Octopus’ range of smart tariffs. June 17, 2024 Patrick JowettOctopus energy has announced a partnership and service integration with US-based electric car and battery manufacturer Tesla.Under the terms of the agreement, Octopus is certified to provide the Tesla Powerwalla solar powered home battery, in Spain And the UK. Tesla Powerwall customers in both countries will have access to Octopus’ range of smart tariffs, including Intelligent Octopus Flux, which is designed to respond flexibly to prices throughout…
An email shared on Reddit and social media claims that residential solar retailer Titan Solar Power has closed its doors. Consistently ranked as one of the top solar contractors by volume, Titan started its solar construction business in Arizona in 2013 and installed solar in more than 20 states. The shared email states that Titan Solar was in negotiations with a potential buyer to acquire the installation company, but the deal fell through. The business is closed on Thursday. Titan Solar operated through a dealer program, where Titan worked with third-party sales contractors and managed the installation internally. The residential…