Author: solarenergy
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. January 17, 2025 OPIS FOB China: The Chinese Module Marker (CMM), the OPIS benchmark rating for TOPCon modules from China, fell 1.15% this week to $0.086/W Free-On-Board (FOB) China, amid lower price guidance between $0.080- 0.092/W. Despite upstream price stability, module prices remain under pressure as manufacturers continue to reduce supply guidance. A top five module manufacturer told OPIS that charging prices will not increase significantly through 2025, even with higher upstream costs. Current…
India could achieve self-reliance in battery cell production by recycling lithium domestically and reusing it in batteries, an Indian government official claimed at a battery manufacturing conference in New Delhi this week. January 17, 2025 Uma Gupta By pv magazine India Vijay Mittal, joint secretary of India’s Ministry of Heavy Industries, said at the 4th India Battery Manufacturing & Supply Chain Summit in New Delhi this week that the government is preparing a concept note to align policymakers with plans to support advanced chemical battery cell components. production. The measures will focus on financial systems, regulatory policies and improving ease…
The Danish manufacturer said its new CO2 heat pumps can reach a water inlet temperature of 40C and a water outlet temperature of 95C. The systems are reported to have a combined coefficient of performance of up to 5.56. January 17, 2025 Emiliano Bellini Denmark-based Advansor has launched a new one CO2 plug-and-play heat pumps for commercial and industrial applications. “The lack of skilled people on site is a known problem in Europe. Advansor CO2 plug-and-play heat pumps are based on proven technology, require no safety risk management and are fully assembled and factory tested,” said the company’s CEO Kristian…
Wood Mackenzie says a 30% increase in upstream spending will be needed to meet stronger oil and gas demand amid a delayed energy transition. The research firm warns that this scenario could strain supply chains, drive up costs and push Brent crude prices above $100/barrel by 2030. January 17, 2025 Patrick Jowett Spending in the upstream sector may need to increase by 30% to meet the demands of a delayed energy transition, according to new analysis from Wood Mackenzie. The research firm’s latest report, “Removing the tension: how upstream can meet the demands of a delayed energy transition”, examines the…
A rise in electricity demand led to a rise in electricity prices in some European markets last week, while a drop in gas prices contributed to lower prices in others, according to the latest analysis from AleaSoft Energy Forecasting. January 17, 2025 Patrick Jowett Image: AleaSoft Energy forecast According to an analysis by AleaSoft Energy Forecasting, average electricity prices in the main European markets showed heterogeneous behavior in the second week of January. The consultancy noted a mixed picture in the markets analyzed compared to the previous week. Weekly price averages rose in the Belgian, British, Dutch, German and Scandinavian…
ZonModoan American manufacturer of solar racks, has completed the UL 3741 listing process for both its NanoRack and SMR Roof Mount systems. NanoRack is a roof mounting attachment and SMR Roof Mounts are rail-based racking – both systems work on sloping roofs. Credit: SunModo “Achieving UL 3741 certification for our NanoRack and SMR roof mounting systems is a clear signal to our customers and partners that SunModo is committed to the long-term safety, efficiency and reliability of our racking solutions,” said Steve Mumma, CEO of SunModo. “With this offering, we continue to demonstrate that SunModo is the racking partner that…
The solar industry has ignored the issue of silver dependence for cell metallization, but China’s Jiangsu Xianghuan Technology (JXTC) is moving to commercial production with a copper plating process that overcomes many of the challenges that cell manufacturers have shown little interest in. January 17, 2025 Mark Hutchins From pv magazine 24/12-25/01 The recent growth in solar energy production has raised concerns about the availability of certain materials at the scale needed to bring solar installations close to global 2030 targets. Most important of the materials in question is silver. A 2021 study from the University of New South Wales…
The cause of the fire has not yet been determined, but an investigation will be carried out once the fire is extinguished. January 17, 2025 Marija Maisch Screenshot of a video posted on the official County of Monterey, California Facebook account Image: County of Monterey, Facebook By ESS news A fire was confirmed Thursday at the 750 MW/3,000 MWh Vistra battery energy storage facility in Moss Landing, forcing evacuations and closing roads in the area. The fire broke out at the facility around 3 p.m., and evacuation orders were issued at 6:30 p.m. due to concerns about hazardous materials and…
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of powerful home appliances to a cloud-based energy pool to improve grid stability and boost the use of renewable energy. January 17, 2025 Vincent Shaw By ESS news A new gigawatt-scale VPP project launched by Jiangsu Electric Power Co. under State Grid Corp. from China, will bring together appliances such as air conditioners and electric water heaters from millions of Chinese households. By leveraging advanced technologies such as big data, Internet of Things and AI, the VPP will enable more efficient…
The Connecticut Green Bank announced the closing of Commercial Property Assessed Clean Energy (C-PACE) financing for a solar photovoltaic system at Hitchcock Printing & Distribution Services, located at 191 John Downey Drive in New Britain, Connecticut. The system is estimated to save the business more than $1.2 million in avoided energy costs over the next 20 years. Founded in 1904 by Edwin Rogers Hitchcock, the company runs a modern 21,000 ft2 facility with a highly skilled workforce and state-of-the-art equipment to provide printing, creative design, finishing and mailing services. “The addition of our solar system is a key to staying…