Author: solarenergy

CPS America has announced updates on recent product launches for the US market. The 350 kW, 800 VAC The three-phase string solution was certified in September 2023 and is now in stock and available for US projects from 2 MW to 2 GW. “A high energy density solution is available for 1,500 VDC These applications allow site owners to invest in the future of their solar energy project. Granularity, efficiency and ease of maintenance are all baked into the product, allowing systems to minimize downtime and maximize revenue through energy harvesting,” said Anton Patton, senior product and application engineering director.…

Infinity Rack, an American producer of solar canopy structures based in North Carolina, has developed a modular building-integrated PV (BIPV) framing system. The patent-pending design works with any framed solar panel to create a mechanically watertight solar roof. Infinity Rack is currently shipping the roofing system as well as its proprietary modular structures: the SunLounge watertight solar pergolas and pavilions, as well as the SunPark, SunPark XL and SunPark Cantilever solar carports, nationwide. A SunLounge solar canopy by Infinity Rack. These structures have a modular design allowing for a number of possible configurations as well as 14 pre engineered kits…

Harmony Energy’s Pillswood BESS (above) was one of the “best performing GB” in 2023. Image: Harmony Energy. Battery storage developer Harmony Energy has received new funding from sustainable bank Triodos to help finance its expansion across Europe. The credit facility of up to £10 million will help accelerate the development activities of Harmony Energy, which has a global pipeline of more than 11 GW. It currently has 516 MW (1,032 GWh) of operational capacity from BESS, with a further 268 MW (536 MWh) under construction. This is Triodos Bank’s first standalone loan to the energy storage sector in Great Britain.…

Greek renewable energy developer Elica SA is seeking consultants for two desktop studies related to an electricity interconnection project between Greece and Egypt. The submarine connection will transport green energy to Europe via a 3 GW HDVC connection. April 25, 2024 Patrick Jowett Two calls for expressions of interest from consultants have been issued for the latest studies on an electrical interconnection project between Egypt and Greece to transport green energy. The so-called GREGY project is managed by Elica SA, a subsidiary of Greek infrastructure investor Copelouzos Group. Once completed, a 3 GW HVDC connection between the two countries will…

By SB staff April 25, 2024 EDP ​​Renewables North America LLC (EDPR NA) has completed the Misenheimer solar park, the company’s first solar project in North Carolina. The solar project, located in the village of Misenheimer, Stanly County, North Carolina, is one of the largest in the state, with an installed capacity of 74 MW.Misenheimer Solar Park, which will be operated by EDPR NA, will generate enough energy annually to power the equivalent of more than 12,000 homes in North Carolina, while providing economic and environmental benefits to communities near the project and across the state. Over the life of…

The European Parliament has passed the Net-Zero Industry Act, which now awaits formal approval by the European Council to become law. The European Solar Manufacturing Council has welcomed the decision, saying it “gives the green light for the purchase of sustainable, European-made solar panels.” April 25, 2024 Patrick JowettMembers of the European Parliament (MEPs) have formally agreed on the Net-Zero Industry Act (NZIA), which is designed to help Europe produce at least 40% of its annual deployment needs of strategic technology products, including PV modules, batteries and heat pumps.The legislation was approved by 361 votes in favor to 121 against,…

The Treasury Department and Internal Revenue Service issued a statement final regulations today describes rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations. The Inflation Reduction Act and the Creating Useful Incentives to Produce Semiconductors Act (CHIPs) allow taxpayers to take advantage of certain manufacturing investments, clean energy investments, and production tax credits through optional wage or transfer provisions. For taxable years beginning after December 31, 2022, eligible taxpayers may elect to transfer all or a portion of eligible credits to unrelated taxpayers for cash payments. The unrelated…

The rise in global temperatures is a concern that many are taking seriously. Governments, big companies, small businesses, and everyday people are looking for ways to reduce greenhouse gas emissions to lessen climate change risks. One method that’s gaining a lot of attention is using carbon credits. This idea helps provide financial rewards for those who cut down on emissions and support the growth of clean energy sources. This article is the 5th part of our new series based on our 2023 Climate Change and Carbon Markets Annual Report. The series so far includes: In this post, we’re going to…

With global temperatures continuing to rise, governments and corporations are looking for ways to reduce greenhouse gas emissions. One method that’s gaining popularity is the use of Carbon Credits to incentivize emissions reductions and support renewable energy development. This article is the 3rd in a series we’re doing based on our widely respected Climate Change and Carbon Markets 2023 Report.  Previous posts in the series are: In this article we examine what carbon credits are, and how they work as part of a broader emissions reduction strategy. What Are Carbon Credits?A carbon credit represents one ton of carbon dioxide or other greenhouse…

BOSTON , April 25, 2024 /PRNewswire/ — IDTechEx, a trusted provider of independent market information, announces the availability of a new report, “Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts.” It is becoming increasingly clear that removing carbon dioxide (CO₂) from the atmosphere will be necessary to prevent global warming above 1.5-2°C. Estimates vary, but climate scenarios indicate that it will be nearly impossible to meet the Paris Agreement targets without using carbon dioxide removal (CDR) solutions. This leads to more attention from researchers, governments, investors, entrepreneurs and various companies with ambitious climate goals. This new…