Author: solarenergy

American Quilt has unveiled a residential heat pump with a coefficient of performance (COP) of up to 4 and noise levels from 27 dBA to 47 dBA. The startup recently raised €33 million ($35.9 million) from a group of investors. May 16, 2024 Emiliano BelliniQuilt has launched its first product: a wall-mounted (or tabletop) heat pump for cooling and heating in residential applications.“The Quilt system is anchored in our outdoor unit, which is sized to power up to two indoor units,” the US-based startup said in a statement. “This 2:1 ratio means our outdoor units are quieter, more compact and…

Read More

By Brad Kramer May 16, 2024 First Citizens Bank is leading the charge during an active news financing week. Several projects received funding and a significant solar portfolio acquisition rounds out this edition of the issue Spotlight for solar financing. Kicking things off, the First Citizens Bank for energy financing division helps finance two Top clean energy battery energy storage projects in Texas. The bank served as sole bookrunner and co-lead arranger for financings totaling more than $150 million.One project, Great Kiskadee Storage, is a 100 MW / 200 MWh battery energy storage system (BESS) owned by SA Grid Solutions…

Read More

The Dept. of Energy has announced more than $70 million in research and development selections to seed new technologies across the solar supply chain. Funding from President Biden’s Bipartisan Infrastructure Law will enable new entrants to the solar manufacturing market to establish their technologies and access more capital. The 18 selected projects will address gaps in the domestic solar manufacturing supply chain, including equipment, ingots and wafers, and silicon and thin-film solar cell manufacturing, and open new markets for solar technologies like integrated-photovoltaics and agrivoltaics. “The Biden-Harris Administration is committed to building an American-made solar supply chain that boosts innovation, drives…

Read More

(Source: Catalyst) Catalyze has secured $100 million in financing from NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), to support a 79 MW portfolio of community distributed generation (CDG) solar projects across the stands. The transaction is in line with the bank’s commitment to a just energy transition by requiring that a percentage of solar projects benefit underserved communities in order to receive financing. “We are excited to leverage our extensive community solar expertise to ensure the success of NY Green Bank’s term loan to support a…

Read More

Today at the CPUC: SDG&E’s revised rate plans under scrutiny In a recent filing with the California Public Utilities Commission (CPUC), San Diego Gas and Electric (SDG&E) presented changes to its utility rates via Advisory Letter 4361-EA. This filing comes in the wake of ongoing regulatory reforms aimed at improving network reliability and fairness of tariff structures. The proposed adjustments have led to discussions among stakeholders about their potential impact on consumers and the energy market. SDG&E’s revised rate proposal is part of a broader initiative to align its operations with the state’s ambitious clean energy goals and meet increasing…

Read More

Bristan joins the business trend of installing solar energy on roofs. Image: Bristan Group Bristan Group, a major manufacturer of kitchen and bathroom products, has successfully installed 1,666 solar panels at its headquarters in Tamworth, Staffordshire. The new panels are expected to supply the business with more than 600 kW/h of electricity, enough to cover approximately 56% of the site’s power needs. This would result in enormous CO2 savings of approximately 100,000 kg per year. The panels, each weighing 22kg, were installed on the roof of the Bristan Group headquarters with the support of energy partner Evo Energy. Paul Jones…

Read More

A Chinese-Canadian research team proposed a new PV mounting solution based on two types of spacers and two types of clamps that can be printed with common printing materials. The cost of the different solutions presented ranges from CAD1.50 ($1.10) to CAD3.83. May 16, 2024 Lior KahanaA group of researchers from Canada’s Western Ontario University has developed and tested 3D-printed mounting mechanisms for the wooden racks of PV modules. The open source designsIt is also claimed that, in addition to enabling distributed production, they are also cheaper and contain less energy and carbon compared to conventional racking materials.“Wooden racks are…

Read More

Zhongchu Guoneng Technology Co., Ltd. (ZCGN) has launched the world’s largest compressed air energy storage project in China. The $207.8 million energy storage plant has a capacity of 300 MW/1,800 MWh and uses an underground salt cavern. May 16, 2024 Vincent ShawChinese developer ZCGN has completed construction of a 300 MW compressed air energy storage facility (CAES) in Yingcheng, China’s Hubei province.The company said the storage facility is the largest CAES system in the world to date. Previously, the largest CAES facility was a 100 MW project started in October 2022 by the Institute of Engineering Thermophysics of the Chinese…

Read More

Researchers from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) have used indirect gravure printing for the front metallization of silicon heterojunction (SHJ) solar cells, reducing silver consumption at cycle times of 0.5 seconds per cell and achieving a conversion efficiency was achieved of up to 20.7%.“A major advantage of rotary printing techniques, such as rotogravure but also rotary screen printing and flexographic printing, is the possibility of greatly reducing the cycle time per wafer and thus increasing the throughput per hour compared to the most modern metallization methods,” said research leader Jörg Schube pv magazine.The researchers noted that…

Read More