Author: solarenergy

Romania aims to have at least 2.5 GW of energy storage installed by the end of next year and only exceed 5 GW a year later. July 22, 2024 Marija Maisch By ESS newsAccording to Romanian Energy Minister Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially in the coming years.“In total, we must have a storage capacity of at least 2,500 MW by the end of next year, and we must exceed 5,000 MW by 2026. These objectives are ambitious, but are in line with the recommendations and analyzes of Transelectrica, which show that there is…

Germany-based Phytonics has developed a self-adhesive film with microstructures to reduce glare on PV modules. It is available in sheets and rolls for new and existing PV systems. July 22, 2024 Sandra EnkhardtBy pv magazine GermanyThe blinding effect of solar panels often causes arguments between neighbors. At airports, traffic routes and nature reserves, PV modules must meet specific requirements, usually achieved with an anti-reflective coating. However, Germany-based Phytonics says this coating only increases the yield of the panels and does not prevent glare.Phytonics claims to have developed a self-adhesive film that reduces glare to the necessary extent. The film has…

Labor won the general election last week with a ‘landslide’ victory. Image: NextEnergy Capital. Trade association Solar Energy UK has appealed to the newly elected Labor government to publish an “ambitious” Solar Roadmap and increase the allocation of Contracts for Difference (CfD) in the sixth budget round. Solar Energy UK, which said in a statement that it expects Labour’s election victory to “further accelerate the growth of the solar and energy storage industries”, believes that making these adjustments to the policy landscape will send a clear signal to the industry to stimulate investments. . Labour’s election manifesto energy policy was…

Kinematics unveils advanced ST series actuators for solar trackers Kinematics, a leading intelligent motion solutions company, has announced the first shipment of its innovative ST Series actuators, marking a significant step in technological advancement. The ST series demonstrates extensive research, development and engineering skills. With a unique maintenance-free, grease-free dry bearing design, the ST Series offers 20-50% more holding torque compared to Kinematics’ HE Series. This improvement allows tracking companies to use smaller drives for the same applications, resulting in significant cost savings without sacrificing performance. “Created with a deep understanding of solar tracker customer needs, the Kinematics ST Series…

Philippine renewable energy developer Citicore Renewable Energy Corp. and San Miguel Global Light and Power Corp., a unit of San Miguel Global Power Holdings Corp., will jointly develop a 153.5 MW solar power plant in the Philippines. July 19, 2024 Patrick Jowett Citicore Renewable Energy Corp. (CREC) and San Miguel Global Light and Power Corp. (SGLP) have entered into a joint venture for a 153.5 MW solar project in the Philippines. The two parties will jointly develop, build and operate the factory, which will be located in Barangay Lucanin, Bataan Province, Luzon Island. SLGP is part of San Miguel Global…

According to Mercom Capital Group, corporate financing in the solar sector reached $16.6 billion in the first half of this year. It is said that most of the financing came through debt financing as venture capital and public market financing declined. July 17, 2024 Patrick JowettTotal corporate financing in the solar sector reached $16.6 billion in the first half of 2024, according to data released by Mercom Capital Group in its latest solar financing and mergers and acquisitions (M&A) report.The total figure, including venture capital/private equity financing, public market and debt financing, is 10% lower year-on-year than the $18.5 billion…

Redwire will supply additional solar panels for Thales Alenia Space satellites Redwire Corporation (NYSE: RDW), a leading player in space infrastructure, has announced a new order for the supply of more Roll-Out Solar Array (ROSA) wings for Thales Alenia Space’s Space Inspire* satellites . These satellites are part of Thales Alenia Space’s latest geostationary telecommunications satellite line. Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), is a major manufacturer providing solutions for telecommunications, Earth observation, exploration and navigation. This new order increases the number of shipsets that Redwire will supply under the current agreement with Thales…

This week, Women in Solar Europe (WiSEu) gives voice to Camille Zimmermann, Investment Director at France-based equity firm Omnes. She says that when women are at the helm of companies, there seems to be no problem finding other talented women to join the ranks of their organizations. July 19, 2024 Women in Solar Europe (WiSEu)Although the sustainable energy sector is still emerging, it is part of the traditionally male-dominated energy sector. Likewise, private equity is still led primarily by seasoned male professionals. The intersection of these fields means that female investors in renewables are significantly underrepresented.As an investment professional at…

Peak energy, a US-based company developing massive-scale energy storage technology for the electric grid, will use its $55 million Series A funding round to launch full production of its sodium-ion battery technology. Xora Innovation led the funding round with participation from BlackoutTDK Ventures, Lachy Groom, Tishman Speyer, TechEnergy Ventures, Doral Energy-Tech Ventures and DETV-Scania Invest. “As energy demand grows, we must take advantage of the potential of renewable energy sources to deliver reliable, low-cost energy, fueling a new era of technological advancement,” said Landon Mossburg, co-founder and CEO of Peak Energy. “Utility-scale storage, powered by sodium ions, is the answer…

Ed Miliband (above) was previously leader of the Labor Party. Image: Parliament.uk/Ed Miliband. Ed Miliband has been elected the new Minister for Energy Security and Net Zero The Labor Party’s landslide victory in the general election. Miliband, who was leader of the Labor Party and the opposition between 2010 and 2015, will take over from outgoing Conservative MP Claire Coutinho. In the run-up to the elections Coutinho was highly critical of Labour’s energy planstaking to social media platform Miliband has advocated Labour’s energy policy and a net zero policy. He recently took to the stage at Innovation Zero in London…