Author: solarenergy

Credit: Ampion renewable energy Governor Glenn Youngkin signed SB 253/HB 106 and SB 255/HB 108, sponsored by Senate Majority Leader Scott Surovell (D-Fairfax County) and Rep. Rip Sullivan (D-Fairfax County), to expand Dominion Energy’s shared access to solar improve and expand areas and create a shared solar program for customers in southwestern Virginia. “This legislation enables the continued advancement of shared solar energy in Virginia and proves that both sides of the aisle recognize the value that local energy can provide to their constituents,” said Charlie Coggeshall, Mid-Atlantic regional director of the Coalition for Community Solar Access. “We look forward…

GCL Technology said sales and profits declined in 2023 due to losses on certain assets, higher financing costs and an increase in R&D expenditure. May 3, 2024 Vincent Shaw and Valerie Thompson GCL Technology Holdings Revenue fell 6.2% to CNY33.70 billion ($4.65 billion) in 2023, from CNY35.93 billion a year earlier. Profit attributable to owners fell 84.3% year-on-year to CNY 2.51 billion. The company attributed its performance to losses on certain assets, higher financing and administrative costs and rising R&D expenses, which reached CNY 1.87 billion, up 11.1% from 2022. GCL Technology said it had a initiative for the buyback…

The British manufacturer said the new Ecomod 290HT products have sizes ranging from 15 kW to 50 kW and a coefficient of performance of up to 4.9. The systems can reportedly reach a supply temperature of 75°C. May 2, 2024 Emiliano BelliniHeating specialist Ideal Heating has launched a new series of monobloc air heat pumps.“The Ecomod 290HT has been specially designed for use in larger commercial buildings and can be used in cascade to achieve even higher yields,” the manufacturer said in a statement. “It reaches high temperatures of up to 75C while benefiting from an ultra-low global warming potential…

Norwegian company Enernit Was rewarded the Solar Start-Up Award 2023 for their next-generation online geospatial platform at the SolarPower Summit 2023, organized by SolarPower Europe in Brussels last week.While the performance of the equipment is undoubtedly the crucial factor for the success of a solar power plant, the land on which the project is built can have a great influence on how the equipment functions and how well the project functions, which is often not sufficiently recognized gets.“The solar industry has a tradition of talented innovators pushing technology forward in creative and inventive ways. This year’s Solar Start-Up Award winner…

Solar Energy UK uses its influence to change government policy and attract new talent to the UK solar industry. Image: Pexels Solar Energy UK, the UK’s leading solar trade association, has reached a major milestone – reaching 400 members. This achievement reflects the accelerating growth of the industry and the organization’s success in supporting solar energy development. From its humble beginnings in 1978, Solar Energy UK has played a key role in driving innovation and favorable policies for the solar energy sector. Solar Energy UK’s 400th member is solar energy distributor CCL Components. Managing director Paul Brooks said: “We are…

Lloyds Banking Group and Low Carbon sign a 10-year PPA for 50 GWh of solar energy. Image: Low carbon Lloyds Banking Group has signed a ten-year corporate Power Purchase Agreement (PPA) with independent energy producer Low Carbon for UK solar. During the ten-year agreement, Lloyds plans to purchase 50 GWh of clean electricity annually, generated from two of Low Carbon’s UK projects. These projects include the company’s 49 MW Meadow Solar Farm in Hampshire and the 23 MW Pepperhill Solar Farm in Staffordshire. The investment from Lloyds Banking Group means that both solar farms will now develop vital improvements to…

Belangrijkste leerpunten: Het Residential Clean Energy Credit biedt een inkomstenbelastingkrediet van 1:1, goed voor 30% van de installatiekosten voor zonne-energie. Een zonnesysteem dat ongeveer $ 20.000 kost, kan in aanmerking komen voor een zonnebelastingkrediet van $ 6.000. Het federale belastingkrediet voor zonne-energie is tot 2035 verlengd via de Inflation Reduction Act. Om in aanmerking te komen voor de federale zonnebelastingkorting, moet u eigenaar zijn van de zonnepanelen, een belastbaar inkomen hebben en moeten de panelen in uw hoofd- of tweede woning worden geïnstalleerd. Het federale belastingkrediet is van toepassing op een verscheidenheid aan apparatuur, waaronder fotovoltaïsche zonne-installaties, batterijopslag, zonneboilers, geothermische…

Community solar projects have perhaps the most active post-construction lifecycle of all PV projects because they interact with groups of subscribers rather than a single system owner. Management services have procedures in place to connect subscribers to community solar systems and support them once enrolled. Credit: Ampion Some of that support comes from working and integrating services with utilities. Community solar projects generate energy credits that apply to a subscriber’s utility bill, reducing their energy costs. To initiate these energy credits, community solar operators must collect billing and metering information from individual subscribers and integrate it with the utility’s billing…

The Spanish government has submitted a new incentive scheme to a public consultation. It is designed to support the development of a clean technology supply chain in the country, including battery production. February 27, 2024 Pilar Sanchez Molina Spanish Minister of Ecology Teresa RiberaImage: Spanish Ministry of Ecological TransitionBy pv magazine SpainSpain’s ecological transition minister, Teresa Ribera, said this week that the government has submitted a new stimulus program to public consultation. It is designed to support the development of a clean energy technology supply chain in the country.Authorities launched the project for the first call for subsidies for the…

SJVN is now accepting bids to develop 1.2 GW of solar projects connected to India’s inter-state transmission system anywhere in the country. Bidding closes on June 17. May 2, 2024 Uma Gupta By pv magazine IndiaIndia’s state-owned hydropower company SJVN has started accepting bids to develop 1.2 GW of solar projects on a build-own-operate basis.The projects can be implemented anywhere in India and must be connected to the inter-state transmission system. SJVN will sign a Power Purchase Agreement (PPA) with the successful bidders for the purchase of power for a period of 25 years. The power obtained by SJVN from…