Author: solarenergy
Construction of the projects is expected to begin this month. Image: Highfield Solar. Highfield Solar has successfully secured full financing for two new solar projects in the Republic of Ireland, with a combined capacity of 132 MWp. The company – a joint venture between renewable energy developers ib vogt, Highfield Energy and Aura Power, plus Coöperatieve Rabobank UA – has secured an undisclosed sum to finance the 70MWp Clonin North solar plant and the 62MWp North Arklow project. Highfield Solar has previously collaborated with Coöperatieve Rabobank UA on solar projects, with the two companies working together since July 2021 to…
Scientists have designed a new building-integrated PV system that uses 30mm of phase change material on each side of the wall. The array reportedly achieved superior thermoelectric coupling performance compared to reference BIPV systems without PCM. October 8, 2024 Lior KahanaResearchers from China have designed a new building-integrated photovoltaic system (BIPV) that integrates a layer of phase change material (PCM) on each side of the wall.The new system, called double-PCM BIPV composite envelope (BIPV-dPCM), was experimentally validated via a numerical model and compared with reference systems. According to the results, it achieved superior thermoelectric coupling performance compared to all other…
A report from Energysage discusses the terms and conditions for residential solar loans. October 8, 2024 Ryan Kennedy Image: US Department of Energy, Wikimedia Commons By pv magazine USAResidential solar customers typically purchase their project through a loan, cash, or a third-party contract such as a lease or power purchase agreement (PPA). Marketplace operator EnergySage shared data on trends in residential solar loan packages throughout the first half of 2024.At the end of 2023, Wood Mackenzie reported that 57% of residential solar installations were purchased through a loan. EnergySage said that compared to solar leases, solar loans offer solar buyers…
Good Energy CEO Nigel Pocklington. Image: Good energy. Electricity and clean energy services provider Good Energy Group PLC has acquired Amelio Solar, a solar installation company based in Lincolnshire. Good Energy acquired 100% of the issued share capital of Amelio Solar on a debt-free, cash-free basis for an initial consideration of £5.5 million, payable in cash on completion. Should Amelio Solar achieve gross profit targets for the year ending December 31, 2024, this could reach £6 million with a further cash payment in the first quarter of 2025. Good Energy’s offering is currently aimed at domestic installation. Good Energy aims…
There are thousands of extremely good hydroelectric storage sites around the world with extremely low capital costs. When combined with batteries, the resulting hybrid system has large energy storage, low costs for both energy and power, and fast response. Storage is a problem solved. October 8, 2024 pv magazineBy 2023, there would be twice as much solar generation capacity installed as all other generation technologies combined. The future of energy generation is solar photovoltaics, with the support of wind energy, and energy storage to balance the variability of wind and solar energy.At least nighttime energy storage is required. Currently, pumped…
Sinovoltaics’ latest supply chain map tracks growth in Southeast Asia, with a module capacity of 78.8 GW and 58 production projects. October 8, 2024 Valerie ThompsonHong Kong-based compliance and quality assurance company Sinovoltaics has published a new report mapping all solar panel factories in Southeast Asia.“The Sinovoltaics Supply Chain Map Southeast Asia for Q2 2024 includes a number of notable changes since our Q1 report,” Sinovoltaics analysts said in a statement.They noted that “current market press releases and data” indicate 78.8 GW of module capacity in Southeast Asia, with a further 14 GW announced for the 2027/2030 period, adding that…
The number of rooftop solar panels installed in Australia has continued to decline for the second month in a row, with national market volumes in September down around 3% compared to August, when 273 MW were installed. October 8, 2024 David Caroll By pv magazine AustraliaAustralian households and businesses installed almost 265MW of new rooftop solar last month, but the latest data from industry analyst SunWiz shows the market fell by around 8MW in volume monthly compared to August.SunWiz chief executive Warwick Johnston said the slowdown, which comes after rooftop PV installations reached a record 302 MW in Julyhas caused…
Avaada will establish a wafer-to-module project to support the company’s existing PV module factory in Dadri. The plant will also produce next-generation batteries and electrolyzers. October 8, 2024 Uma Gupta Avaada team at REI India 2024Image: Avaada Group By pv magazine IndiaIndian renewable energy company Avaada Group has laid the foundation stone for its new manufacturing facility, Avaada Electro, at Addl. Butibori Industrial Park in Nagpur, Maharashtra.The new facility, part of Avaada’s INR 13,650 crore ($1.4 billion) investment, will house a vertically integrated solar manufacturing unit with production from billet wafers to PV cells and modules. It will also produce…
Queensland electricity utility Cleanco has set a new quarterly generation record with its 570 MW Wivenhoe Power Station, surpassing all previous production milestones since the plant opened in 1984. October 7, 2024 Ev Foley By pv magazine AustraliaQueensland electricity company Schoonco has set a new quarterly generation record at its 570MW Wivenhoe Power Station, 75km west of Brisbane, surpassing all previous production milestones since the plant came into operation in 1984.The station’s two pumped hydro power stations at Wivenhoe have generated 199 GWh since 1 July 2024, exceeding the station’s historical quarterly average by more than 5.2 times.Using electricity from…
The US heating specialist said its Vilter VQ95 heat pump is an ideal solution for district heating and industrial processes. It has a heating capacity of 1MW to 5MW per skid and can reportedly deliver temperatures up to 95C. October 7, 2024 Emiliano BelliniAmerican heating specialist Copeland launched a heat pump this week for applications in district heating and industrial processes.The Vilter VQ95 is described as a modular, single-stage, closed-loop heat pump that can be scaled with parallel or serial pipe connections. It has a heating capacity of 1MW to 5MW per skid and can reportedly deliver temperatures up to…