Author: solarenergy

Schneider Electric has announced a partnership with Cruxa sustainable finance technology company, to purchase Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar. Schneider Electric’s purchase of these tax credits generated additional investment funds for Silfab to accelerate its expansion plans for U.S. solar production for commercial and residential use. “We are pleased to announce a tax credit transfer agreement with Crux and Silfab Solar to accelerate the growth and expansion of U.S. domestic solar production,” said Aamir Paulus, president of Schneider Electric’s North American operations. “By taking advantage of the new tax credit transfer provisions in the Inflation…

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The China Nonferrous Metals Industry Association (CNMIA) says the average price of n-type polysilicon fell 5% to 6% this week. May 17, 2024 Vincent Shaw The CNMIA said in its latest market update that polysilicon prices continued their downward trend this week. The average price of n-type rod silicon is CNY 43,000 ($5,951.48) per ton, down 5.08%. The average price of p-type polysilicon fell to CNY 37,300 per ton, a decline of 4.36%. The average price of n-type granular silicon fell to CNY 37,500 per ton, down 6.25%. Current prices have fallen below production costs, fueling market pessimism. Faced with…

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The proposed One Earth Solar Farm could power more than 200,000 homes. Image: One Earth solar farm Renewable energy developers PS Renewables and Ørsted have announced a second round of community consultations for their proposed One Earth Solar Farm and updated proposals for the project. The proposed solar farm, which will be mainly located in Nottinghamshire, could supply 740MW of energy to the National Grid, enough to power more than 200,000 homes. This production volume qualifies the project as a Nationally Significant Infrastructure Project (NSIP), meaning it will require a Development Consent Order (DCO) from the Secretary of State for…

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Adnoc has delivered the world’s first certified commercial bulk shipment of low-carbon ammonia to a customer in Japan, while Plug Power has agreed to supply a 3GW electrolyzer in Australia. May 17, 2024 Sergio Matalucci Adnoc has delivered what it says is the world’s first certified commercial bulk shipment of “low-carbon ammonia enabled by carbon capture and storage (CCS)” to Mitsui for clean energy generation in Japan. “The low-carbon certification process, from production to delivery, was carried out by TÜV SÜD,” said the Abu Dhabi-based oil and gas company. The carbon dioxide (CO2) is captured and stored in a carbonate…

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An Australian community group has launched a new guide to help solar developers improve biodiversity at project sites and build trust in neighboring communities without compromising PV generation capacity. May 17, 2024 Ev FoleyBy pv magazine AustraliaThe Community Power Agency said its new guide provides strategies and practical methods for developers of large-scale PV projects so they can address land use conflicts and adopt regenerative agriculture techniques, including ‘conservatives’ and ‘agrivoltaics’.The group in New South Wales said this Guide to building better biodiversity on solar farms will help solar projects meet new and emerging drivers for improved environmental performance and…

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KUALA LUMPUR, MALAYSIA / ACCESSWIRE / May 17, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ) GreenX conducted a working visit to Cambodia to identify action points for environmental, social and governance (“ESG”) and climate change policies. The visit took place at the invitation of His Excellency Preap Kol, Minister attached to the Prime Minister of Cambodia, to address and establish specific areas such as the Carbon Credit Alliance, Climate Action Alliance, Security Token Offer (“STO”) Alliance etc.During the Global Climate Action Forum 2024 (“GCAF 2024”) in Phnom Penh, GreenX signed a Memorandum of Understanding (“MoU”) with W-Foundation member company, KS Green,…

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Japan’s Leapton Energy has developed the EH-A05, a 20.48 kWh residential battery with storage capacity from 5.12 kWh, using lithium iron phosphate (LFP) batteries. May 17, 2024 Lior Kahana Kobe-based Leapton Energy has released a new energy storage system for residential applications. The EH-A05 system is equipped with 5.12 kWh LFP batteries. It contains one, two, three or four batteries, which can store up to 20.48 kWh.“It is compatible with 80% of mainstream energy storage inverter brands,” the company said. “The simple plug-and-play installation method allows users to complete the installation themselves within an hour.”Leapton Energy said all systems have…

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Today at the CPUC: Legislative lifeline for taxpayers as AB 1999 changes utility tax In a swift response to public outcry and mounting pressure, California lawmakers took decisive action to amend Assembly Bill 1999 (AB 1999) aimed at limiting the controversial Big Utility Tax. This legislative effort follows on the heels of the California Public Utilities Commission’s (CPUC) decision to impose a $24/month utility tax beginning in 2026, which would impact approximately four million households across the state, including many users of solar energy. Yesterday, the CPUC approved the nation’s second-largest utility tax, which will significantly increase household energy bills.…

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In a new weekly update for pv magazineOPIS, a Dow Jones company, provides a brief overview of the major price trends in the global PV industry. May 17, 2024 OPISFOB Chinese waffle prices have seen another widespread decline this week, underscoring the prevailing oversupply and subdued demand in the market. Prices for mono PERC M10 and N-type M10 wafers fell by 2.58% and 8.81% week over week, to $0.189 per unit and $0.176/unit, respectively.Similarly, prices for Mono PERC G12 and n-type G12 wafers fell 0.76% and 2.18% week-on-week to $0.261/pc and $0.269/pc, respectively.According to OPIS market research, the average transaction…

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