Author: solarenergy
The DCO application ensures a 27% reduction in the area that will be covered by solar panels. Image: EDF Renewables UK. The National Planning Inspectorate has accepted EDF Renewables UK’s application for a development consent (DCO) for an 800 MW solar power plant. The proposed Springwell Solar Farm, which will also have battery storage, would be located on land between Lincoln and Sleaford and cover 1,972 hectares across three different areas. Due to its size, with a solar power generation capacity of 800 MW and a grid connection allowing the export and import of up to 800 MW to the…
Work has started on the Swiss Madrisa Solar project, a 12 MW alpine PV plant located at an altitude of 2,000 m near a ski resort in the village of Klosters. It is part of the Solar Express initiative designed to boost domestic winter energy production. January 17, 2025 Valerie Thompson Work has started on the 12 MW Madrisa Solar project in Switzerland, an alpine PV plant at an altitude of 2,000 m near a ski and winter sports resort above the village of Klosters. The south-facing PV plant is expected to produce 17 GWh annually when the final phase…
German scientists have identified 18 typologies of power purchase agreements for the renewable energy market. Their research is intended to support policy makers, scientists and investors in implementing their own PPA analysis and choices. January 17, 2025 Emiliano Bellini A group of researchers in Germany have created a comprehensive overview of the existing structures and features of power purchase agreements (PPA) in an effort to support policymakers, scientists and investors in implementing their own PPA analysis and choices. “Given the sometimes complex nature of PPAs, this lack of proper classification complicates further research and adoption by practitioners in the field,”…
The US Geological Survey (USGS) has released its first map of potential geological hydrogen reserves in the United States, while Plug Power has secured a $1.66 billion US government bond guarantee to scale up low-carbon hydrogen production nationwide. January 17, 2025 Sergio Matalucci Image: US Geological Survey The USGS has released its first map identifying potential geological sources of hydrogen in the United States, analyzing regions with the necessary conditions for hydrogen accumulation, including springs, reservoir rocks and seals to capture the gas. “The map allocates relatively prospectivity values from 0 to 1, and areas with higher values (deep blue…
Longi has issued a profit warning for 2024, predicting a net loss of up to $1.11 billion – a sharp drop from last year’s profit of $1.42 billion. January 17, 2025 Vincent Shaw Long has issued a profit warning for 2024, predicting a net loss of between CNY8.2 billion ($1.11 billion) and CNY8.8 billion, compared with a profit of CNY10.75 billion in the previous year. The company attributed the loss to increased competition in the PV sector, which has led to a continued decline in prices and profit margins of passivated emitter back cell (PERC) and tunnel oxide passivated contact…
Mercom Capital Group says inflation, high interest rates, trade disputes and policy uncertainty all contributed to a decline in corporate financing and merger and acquisition (M&A) activity in the solar energy sector last year. January 17, 2025 Patrick Jowett Corporate financing in the solar energy sector totaled $26.3 billion by 2024, according to figures released by Mercom Capital Group in its annual solar financing and mergers and acquisitions report. The total figure, which includes venture capital financing, public market financing and debt financing, represents a decline of 24% from the $34.3 billion raised in 2023. The total includes 157 deals,…
The automotive industry stands at a historic turning point as electric vehicles (EVs) revolutionize how Americans think about transportation. Gone are the days when electric cars were viewed as slow, impractical alternatives to traditional vehicles. Today’s EVs offer cutting-edge technology, impressive performance, and ranges that meet or exceed the needs of most drivers. With federal tax incentives, state rebates, and lower operating costs, electric vehicles have become more attractive to consumers across all demographics. The transformation is happening at an unprecedented pace. Major automakers are investing billions in electric vehicle development, with new models arriving in showrooms monthly. From practical…
A coalition of seventeen attorneys general led by Massachusetts Attorney General Andrea Joy Campbell sent a letter urge congressional leaders to safeguard the investments that the Inflation Reduction Act (IRA) has supported across the country. The AGs emphasize the benefits of the IRA to states across the political spectrum in improving domestic energy security, lowering energy costs, supporting manufacturing, modernizing infrastructure, creating good-paying jobs, and reducing the pollution. According to A., the IRA has had a “catalytic impact”. Rhodium Group Report tDescribed here are the significant private investments in clean technologies encouraged by the IRA. The AGs highlight examples of…
According to the latest report from the Middle East Solar Industry Association (MESIA), solar capacity in the Middle East and North Africa (MENA) region will grow by 25% by 2024, with local production and energy storage also accelerating. January 17, 2025 Patrick Jowett There was significant growth in the MENA solar energy market in the region by 2024, according to the latest report from MESIA. The association “Solar Outlook Report 2025” provides an overview of the trends, innovations, technical advances, challenges and opportunities of the region’s solar landscape. MENA’s solar capacity is forecast to reach 24 GW (AC) by 2024,…
The service is offered to all current and future Brill Power customers. Image: Brill Power Battery intelligence company Brill Power has announced the launch of what it claims is the world’s first battery management-as-a-service (BmaaS) offering. Under the system, Brill Power customers will gain access to the combined power of BrillCore hardware, BrillOS firmware and BrillAnalytics-based analytics software, enabling more advanced monitoring and more efficient use of battery energy storage systems (BESS). Customers pay a recurring monthly fee for access to BrillAnalytics, with BrillPower supporting them in the process of commissioning and operating their BESS assets. Once batteries are deployed,…