Author: solarenergy
According to Mercom India, India installed 12.8 GW of new solar capacity between January and June 2024. This includes 11.7 GW of large-scale solar projects, with 3.7 GW of off-site commercial and industrial (C&I) projects, and more than 1.1 GW of rooftop PV installations. November 5, 2024 Uma Gupta Mumbai, India Image: Vyacheslav Argenberg, Wikimedia Commons By pv magazine India India installed 12.8 GW of new solar capacity in the first half of 2024, up 228.3% from the first six months of 2023, according to Mercom India’s ‘India Solar Market Leaderboard 1H 2024’ report. Large-scale solar projects made up 91.4%…
JinkoSolar, JA Solar, Longi and Trina Solar reported significant revenue declines and net losses for the third quarter of 2024. November 5, 2024 Vincent Shaw JinkoSolar said net profit reached CNY14.87 million ($2.09 million) in the third quarter of 2024, down 99.41% year-on-year, while revenue fell 22.09% to CNY24.519 billion. During the first nine months of the year, it recorded a total revenue of CNY 71.77 billion, down 15.66% year-on-year, and a net profit of CNY 1.215 billion. It shipped 73.13 GW of PV products between January and September, including 67.65 GW of modules, with n-type modules making up about…
Uniper told it pv magazine that it has postponed its 2030 hydrogen investment target. November 5, 2024 Sergio Matalucci Uniper has postponed its target of investing 8 billion euros in green energy by 2030 pv magazine that there were three factors behind the decision. “The slight delay in investing the €8 billion compared to August Last year is not just that the hydrogen economy is progressing more slowly as expected. This is one point,’, said a spokesperson. “In addition, energy prices have fallen and this is expected to remain the case in the coming years. And regulatory framework conditions have…
Indielux and EPP Solar have released the “world’s largest” plug-in PV system, a 6 kW unit with an energy storage option that can be connected to existing electrical installations via a safety plug. It is available in Germany, France, Austria, Poland and Spain. November 5, 2024 Petra Hannen By pv magazine Germany German companies Indielux and EPP Solar have launched what they claim is the “largest” plug-in PV system in the world: a residential array with a capacity of up to 6 kW. The companies said the system is available for pre-order and will launch in December in Germany, France,…
Large, centralized power plants such as a 500 MW combined cycle natural gas plant are large enough to afford human intervention. To manage these large power plants, asset owners hire a trading desk that continually relies on human intervention for market participation. Distributed energy resources (DERs) like solar, on the other hand, cannot afford this type of human intervention – not only because it is not financially feasible, but also because they become exponentially complex with multifaceted inputs that require real-time. decision-making. Automation is becoming increasingly important to optimize the use of DER and leverage its full value stream. For…
3D printed anti-reflective cover based on aluminum oxide increases the efficiency of PV cells by 25%
An international team of scientists has combined cyclic olefin copolymers with an aluminum oxide powder to create a filament that can be used by a 3D printer to create anti-reflective covers for PV modules. The proposed innovation can reportedly improve the efficiency of PV cells by more than 25%. November 5, 2024 Lior Kahana Researchers led by Saudi Arabia’s King Khalid University have developed a 3D-printed anti-reflective cover sheet for PV modules. The wrapper is based on cyclic olefin copolymers (COC), to which a powder of aluminum oxide (Al2O3) has been added in different concentrations. COC are polymers with exceptional…
By offering cheap energy storage, concentrating solar energy has enormous potential. However, international standards are needed to become a competitive market proposition. November 5, 2024 International Electrotechnical Commission (IEC) Solar thermal energy, also called concentrated solar energy (CSP), is a renewable energy that uses the sun’s heat captured by various types of focusing mirrors. The energy from the concentrated sunlight heats a high-temperature fluid in a receiver, travels to a heat exchanger and ultimately drives a steam or gas turbine to produce electricity. The CSP market was a promising renewable energy source in the 1990s, but in recent years the…
By pv magazine Spain The DANA weather phenomenon, which can cause intense storms and heavy rainfall in the Mediterranean, has caused significant flooding of both rooftop and utility PV systems in the Valencian Community and Castilla-La Mancha in Spain. Exposure to water can have serious consequences for electrical equipment such as inverters and batteries. It can cause a short circuit because water acts as a conductor that bridges circuits. Even after drying, water residues can lead to corrosion in sensitive electronic components. The insulation of cables and components can also be damaged by contact with water and abrasion caused by…
Solar energy has come a long way since its beginning. As technology advances, we’re seeing new ways to harness the power of the sun. One of the most exciting developments in recent years is the rise of solar tiles. These sleek, modern alternatives to traditional solar panels are changing the game for homeowners and businesses alike. What Are Solar Tiles? Solar tiles, also known as solar shingles or solar roof tiles, are photovoltaic cells designed to look like and function as conventional roofing materials while also producing electricity. Unlike traditional solar panels that are mounted on top of existing roofs,…
The £395 million financing package for the Thurrock project (pictured) was provided by a syndicate of six major banks. Image: Statera Energie Energy storage developer Statera Energy has announced that it has secured a total of £395 million in funding for a major battery energy storage system (BESS) and generation project. The Thurrock Flexible Generation project, which consists of a 300MW/600MWh BESS and a 450MW flexible generation development, has now reached financial close via debt facilities provided by a syndicate of six energy and infrastructure finance banks. The banks involved include household names including Lloyds Bank, which acted as the…