Author: solarenergy

Britain announces new investments in green energy projects The British government announced Thursday that it has secured more than 24 billion British pounds ($31.3 billion) in private investment in green energy projects, as it prepares for an international investment summit. Prime Minister Keir Starmer called the investments “a huge vote of confidence” in his Labor government and its long-term growth plans, despite a stuttering start to power since the party’s election victory in July. Labour, in opposition for 14 years, has pledged to revive the British economy, which it says has failed badly under successive Conservative governments since 2010. Central…

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. October 11, 2024 OPISFOB China: The Chinese Module Marker (CMM), the OPIS benchmark rating for TOPCon modules from China, was assessed at $0.090/W Free-On-Board (FOB) China, steady amid unchanged market fundamentals. Although the Chinese market reopened on Tuesday after the Golden Week holiday from October 1 to 7, trading activity remained subdued, with most market players expecting buying activity to pick up towards the end of the week.Tradeable indications of $0.085-0.09/W FOB China were…

The Canadian government has injected an additional CAD500 million ($363.1 million) into its funding stream to finance renewable energy technologies and grid modernization. Canadian utilities, system operators and industry associations are eligible to receive support for projects that help strengthen the electricity grid. October 11, 2024 Patrick Jowett Image: Janne Simoes. UnsplashThe Canadian government is investing an additional CAD500 million in its clean electricity program for Canadian utilities and system operators.The funds will be delivered through the Smart Renewables and Electrification Pathways program (SREPs) Utility Support Stream and will support the development of clean electricity infrastructure, such as renewable energy…

China has been by far an undisputed leader in the deployment of battery energy storage systems. The country more than quadrupled its battery fleet last year, allowing it to surpass its 2025 target of 30 GW of operational capacity two years early. ESS News spoke to Ming-Xing Duan, Secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends. October 11, 2024 Marija Maisch Ming-Xing Duan, Secretary of the Electrical Energy Storage Alliance (EESA), and Marija Maisch at the third edition of the EESA Expo held in Shanghai in September 2024Image: ESS NewsBy ESS newsChina leads the…

HeliosLite has developed new aluminum floats that can be assembled and deployed on site in a mini factory. This week it presented a prototype of a PV system based on the new floating technology in the south of France. October 11, 2024 Marie BeijerBy pv magazine FranceEnercoop Aura, Araymond and Helioslite jointly inaugurated the Coeur de Savoie floating solar power plant in France.This 260 kW demonstrator features a new aluminum floating structure that minimizes the footprint on the water while minimizing material needs. The floats and anchors were assembled on site using a mobile micro-factory.Helioslite, a French startup known for…

Harvard University researchers say hydrogen costs are underestimated due to unaccounted for storage and distribution variability across sectors, while Kore Infrastructure has told pv magazine that it aims to reach a level of hydrogen (LCOH) between $1/kg and $2/kg. October 11, 2024 Sergio MatalucciHarvard University Researchers have found that potential hydrogen costs are significantly underestimated because most scenarios do not account for storage and distribution costs and their variability across sectors. “At current delivered prices, green hydrogen is a prohibitively expensive abatement strategy, with carbon abatement costs ranging from $500 to $1,250 per tonne of CO2 across sectors,” the researchers…

The software will initially be rolled out over three projects. Image: RWE Energy industry software provider Arenko has signed a framework agreement with RWE Supply and Trading, allowing RWE to use Arenko’s Nimbus Trade platform for its solar energy projects. Nimbus Trade will initially be rolled out across three RWE solar and storage projects currently under construction. The three projects that will use the Nimbus Trade platform for the first time have a combined capacity of 165MW of solar generation and 55MW/110MWh of storage. Two of these three projects will go live in early 2025. As part of the agreement,…

The Chinese PV manufacturer said its new module series has an energy conversion efficiency of up to 24.6% and a temperature coefficient of -0.26% per C. October 11, 2024 Vincent Shaw Chinese solar panel manufacturer Longi today unveiled its latest solar panels during a press event at the ATP Masters in Shanghai.The Hi-Mo X10 module series is based on Longi’s patented hybrid passivated back-contact (HPBC) cell technology and has an energy conversion efficiency of up to 24.6%.The modules are available in four versions with a power rating of 650 W to 665 W. They measure 2,382 mm x 1,134 mm…

Glasgow-based RES has developed more than 700 MW of energy storage projects in Britain and Ireland to date and currently manages more than 600 MW of operational storage projects. Image: RES. Renewable energy developer RES has submitted a planning proposal for a battery energy storage system (BESS) project south-east of Newbuildings, County Derry. The proposal is expected to go before Derry City and Strabane District Council’s planning committee in the coming months and, if approved, will take approximately 12 months to complete. According to the planning documents, approximately 64 battery storage enclosures will be installed, providing a maximum capacity of…

Vision Mechatronics has partnered with JSW MG Motors India to repurpose old MG ZS EV batteries for industrial use. The first deployment of the battery will take place at a factory in Pune. It uses six modules of MG ZS EV batteries and is linked to an industrial UPS to deliver 36 kW of power. October 11, 2024 Marija Maisch Image: Vision MechatronicsBy ESS newsAlthough lithium-ion batteries are crucial for powering electric vehicles, they eventually reach a point where their performance degrades. Instead of throwing away these batteries, a sustainable solution is created: reusing them for stationary applications.Second-life batteries are…