Author: solarenergy

Solutions for Our Climate (SFOC) says in a new report that blue hydrogen may not be an effective climate solution, while TotalEnergies and its partners have agreed to explore green hydrogen potential in Tunisia. May 28, 2024 Sergio Matalucci SFOC said in a new report South Korea’s Boryeong Blue Hydrogen Project, led by Korea Midland Power Co. (Komipo) and SK E&S, will result in significant methane emissions. “This finding contradicts government and energy industry claims that blue hydrogen is a climate solution.” said SFOC. The $4 billion initiative aims to produce 250,000 tons of blue hydrogen per year, primarily for…

Baywa re has commissioned a 54 MW agrivoltaic solar project in Spain. Denmark-based Velux has agreed to purchase most of its annual production of 96.8 GWh under a long-term power purchase agreement (PPA). May 28, 2024 Ralph DiermannBy pv magazine GermanyGermany’s Baywa re has commissioned a 54 MW agrivoltaic solar park in Alhendín, Andalusia, southern Spain.The company said about 10% of the factory area will be devoted to agricultural activities. The distance between the rows of solar panels is large enough to ensure that agricultural machines such as combine harvesters can drive through them.By spring 2025, Baywa re will implement…

High energy prices are becoming a strong driver for commercial and industrial (C&I) solar projects in Pakistan. Omar Malik, CEO of Pakistani C&I solar developer Shams Power, speaks with pv magazine about market trends and challenges. May 28, 2024 Emiliano BelliniC&I power consumers are increasingly using solar panels in Pakistan due to high energy prices and rates.“The average industrial consumer currently pays a rate of $0.12/kWh,” said Omar Malik, CEO of Pakistani solar developer Shams Power. pv magazine. “But this is only half the story, as they also have to pay a $0.10 tax on every kilowatt hour they take…

CEZ Group has developed a new solution for securing solar photovoltaics in areas with unstable ground from the central part of conveyor belts previously used in coal mines. Several steel structure pilots have already been deployed to a reclaimed area near the Bílina mine in the north of the Czech Republic. May 28, 2024 Patrick JowettCzech utility company CEZ group has developed a new solution for securing solar panels in areas with unstable surfaces, such as rock piles, waste ponds and other unstable areas.This uses the central part of the conveyor belts used in strip coal mines. Engineers from Prodeco,…

Solarwatt says it will close its battery factory in Germany. Battery production at the Dresden factory will cease at the end of this year and the company will move all battery and solar panel production to China. May 28, 2024 Sandra Enkhardt and Ralph Diermann By pv magazine GermanySolarwatt, a German manufacturer of solar panels and batteries, said this week that it plans to stop production of battery storage systems at its plant in Dresden, Germany, at the end of the year.“For economic reasons, continued activities in Germany after 2024 are unfortunately no longer possible in the near future,” said…

The Japanese electronics manufacturer has launched the NU-JC440 and NU-JC430B panels with efficiencies of 22.53% and 22.02% respectively. Both products are IEC/EN61215 and IEC/EN61730 certified and use M10 wafers. May 28, 2024 Emiliano Bellini Sharp has developed new n-type monocrystalline bifacial solar panels based on tunnel oxide passivated contact (TOPCon) cell technology.The NU-JC440 and NU-JC430 modules both feature a glass backplate, 108 half-cut solar cells based on M10 wafers and a 16 busbar design.“The NU-JC440 TOPCcon n-type monocrystalline panel features a sleek black frame and a white backplate,” the manufacturer said in a statement. “The NU-JC430B module is an all-black…

Last updated: May 27, 2024 11:00 PM EDT | 1 minute read A major Chinese bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it focuses on further CBDC adoption.Per CICC Onlinethe bank announced that verified digital yuan wallet users can now get “personal carbon account points” when they use the app to make purchases at the CBDC.Major Chinese bank: digital yuan and green finance are freeCustomers collect CO2 points when they make retail payments in e-CNY via the app.They can also earn points by using digital yuan tokens to “make purchases and credit card payments.”Several Chinese…

The Greek Parliament has approved a new law introducing renewable energy policies for auction design and small projects with stable feed-in tariffs. May 27, 2024 Ilias TsagasSince 2016, when Greece introduced its competitive auction framework for renewable energy and held its first PV tender, the country has awarded more than 2 GW of solar capacity. Awarded projects generally participate in the energy market and provide variable feed-in premiums on top of market prices. The value of these premiums depends on a number of market variables, such as the marginal price, in addition to rates set through competitive tenders.This policy is…

The Eurasian Development Bank has agreed to provide Bishkek Solar with $210 million over 15 years to build a 300 MW solar power plant in Kyrgyzstan. National Electric Grid of Kyrgyzstan will purchase electricity for a period of 25 years. May 27, 2024 Patrick Jowett The Eurasian Development Bank and Bishkek Solar have signed an agreement to finance the construction of a 300 MW solar power plant in the village of Toru-Aigyr, Issyk-Kul region in eastern Kyrgyzstan. The bank will provide up to $210 million in long-term financing over a 15-year period.The power plant is expected to be put into…

Metasphere Labs (CBOE:LABZ) has unveiled a new initiative designed to accelerate the decarbonization of the electric grid The developer of tokenized assets and open metaverse environments pioneers a carbon credit protocol tailored specifically for grid-scale batteries This protocol aims to quantify and monetize the CO2 reduction potential of large-scale battery storage systems Metasphere Labs stock opened trading at C$2.98 per share Metasphere Labs (CBOE:LABZ) on Monday unveiled a new initiative designed to accelerate the decarbonization of the electric grid. The developer of tokenized assets and open metaverse environments is pioneering a carbon credit protocol specifically tailored to grid-scale batteries. The…