Author: solarenergy

From pv magazine 24/12-25/01 Module price madness Falling solar panel prices were the defining trend in solar in 2024. In January, regular prices approached $0.15/W in an oversupplied market. Energy price advisor OPIS reported prices below production costs of $0.087/W for the latest tunnel oxide passivated contact products (TOPCon) in mid-November 2024, and further declines are still rumored. While low prices generally stimulate demand, oversupply is exacerbated by restrictions on orders. With more efficient technology rapidly emerging, buyers fear they will be left with outdated stocks. Tariffs and other trade measures keep imported products out of leading markets, especially the…

Energy demand in Britain has fallen by more than 20% since 2010, with improved energy efficiency and reduced production in the commercial and industrial sectors being the main cause. Image: Alexon. Analysis by energy market analysis firm Aurora found that negative price periods in Britain were six times more common in 2024 than in 2022. The research firm attributes this increase, and the resulting concerns among renewable energy developers, to oversupply due to weak energy demand combined with robust economic incentives, including the UK’s Contracts for Difference (CfD) programme. Early versions of the CfD scheme financially supported assets in times…

Research from Chin-Yi University of Technology in Taiwan revealed a new heating design in the Czochralski silicon crystal growth process that can control and reduce oxygen concentration without incurring the costs associated with other methods, such as installing magnets or using alternative crucible materials. December 30, 2024 Valerie Thompson Researchers from National Chin-Yi University of Technology in Taiwan have proposed a new heating design for Czochralski silicon crystal growth equipment to control and reduce oxygen concentration. The method was simulated and validated, finding that the optimal design allowed for an oxygen reduction of 6 parts per million (PPm) atoms. For…

By Chris Crowell December 4, 2024 The Connecticut Green Bank has put out a call to all solar companies in Connecticut a request for proposals (RFP) seeking engineering, procurement and construction (EPC) services for several affordable multifamily residential (AMFH) solar projects. In total, the Green Bank, in collaboration with the Green Bank, is installing 2 MW of solar energy on nine affordable homes Green Bank’s Solar Marketplace Support Program (Solar MAP). Entries must be submitted by January 13, 2025. Solar Application for Connecticut Green Bank has commissioned assessments of each site and is providing detailed evidence for each proposed project…

By Brad Kramer December 9, 2024 Photo courtesy of Dimension Energy. Dimension Energy’s 44 MW community solar project in Inyokern, California, will generate $18 million in energy savings for residents and commercial subscribers. The project also represents the largest third-party community solar project in the United States. A developer, owner and operator of community solar projects, Dimension Energy recently completed construction on the 130-acre project, which will serve a diverse group of residential and commercial customers in Southern California’s Edison service area. Beneficiaries include more than 2,000 households, supportive housing organization the Redwood Family Care Network, municipal facilities in the…

Excelsior Energy Capital has signed a multi-year agreement with LG Energy Solution Vertech to purchase 7.5 GWh of fully integrated, US-made lithium-ion energy storage, with the aim of qualifying for the domestic US content incentive. December 27, 2024 Rachel Metea Image: LG Energy Solutions Vertech By pv magazine USA A new partnership between renewable investor Excelsior Energy Capital and battery manufacturer LG Energy Solution Vertech highlights the U.S. energy storage industry’s commitment to prioritizing a domestic supply chain. The companies have entered into a multi-year agreement that will provide 7.5 GWh of fully integrated lithium-ion energy storage from LG Energy…

By Contributing Author December 10, 2024 By Wilson Chang | CEO | Sunrock distributed generation As the Trump administration returns for another term, the solar industry is entering a new chapter full of challenges and opportunities. This article examines the prospects for solar under the incoming administration, and discusses how potential policy changes, including tariffs, support for domestic manufacturing, and the growing role of solar and battery storage for energy security in red states, could shape the future of the sector shaping. The solar industry has matured significantly since the last Trump administration, with distributed solar now the most competitively…

By Brad Kramer December 10, 2024 Solar Landscape has raised a record $847 million in project investments, which will help support more C&I rooftop projects like this one for Prologis. Solar Landscape has set a new annual record for financing solar energy projects. Avantus signed a PPA for a project in Arizona. SolarEdge closed its energy storage division. These are the stories we highlight in the latest version Solar financing spotlight. Solar landscape has raised an annual corporate record of $847 million in project investments and financing by 2024. The financing will allow C&I’s roof developer to deploy more than…

Gensol Engineering has agreed to the engineering, procurement and construction (EPC) tasks for a 225 MW AC (276 MW DC) grid-connected solar project in India. It will also manage operations and maintenance for three years. December 27, 2024 Uma Gupta Image: Jack Haskell, Flickr By pv magazine India Gensol Engineering has agreed to develop a 225 MW (AC) grid-connected solar PV project in the Indian state of Gujarat under an EPC contract from NTPC Renewable Energy. The project will be built at the GSECL Solar Park (Phase III) in Khavda, Rann of Kutch. The contract, which includes three years of…

By SB staff December 11, 2024 Developer from West Hartfold Verogy has completed a pair of rooftop solar installations at two FedEx facilities in Stratford (866 kW) and Middletown (2,075 kW), Connecticut. The projects are the first for FedEx in the state. Consisting of a total of more than 5,300 solar panels/modules, these state-of-the-art systems are designed to reduce the facilities’ carbon footprint while providing a reliable source of zero-emission renewable energy. “By embracing renewable energy, FedEx is not only making progress in reducing its carbon footprint, but also setting a powerful example for other companies on how to reduce…