Author: solarenergy
Masdar has agreed to initially acquire 67% of Greece’s Terna Energy, a developer of clean energy infrastructure, in a €3.2 billion deal. June 24, 2024 Ilias TsagasMasdar, an Abu Dhabi renewable energy developer, has agreed to acquire a majority stake in Greek energy company Gek Terna.Masdar said in a press release that it has “signed a definitive agreement with Gek Terna and other shareholders to initially acquire 67% of the outstanding shares of Terna Energy upon completion of the transaction at a price of €20 per share.”Masdar added that the acquisition price represents an equity valuation of €2.4 billion and…
The introduction of the W&I policy aims to increase the confidence and perceived quality of carbon credits. Credit: BOY ANTHONY/Shutterstock. Global insurance intermediary group Howden has placed the first Carbon Credits Warranty and Indemnity (W&I) insurance policy, marking a significant development in the voluntary carbon market. This policy provides coverage for the sale of carbon credits generated by Mere Plantations’ reforestation project for degraded forest areas in Ghana, West Africa. Mere Plantations, headquartered in Britain, owns and operates a teak plantation in Ghana and “is endorsed by a leading managing general agent (MGA)”. The introduction of the W&I policy aims…
The National Renewable Energy Laboratory noted an increase in spontaneous glass breakage in solar panels. The Renewable Energy Test Center’s PV Module Index examines these and other glass-related trends in solar energy production. June 24, 2024 Ryan KennedyBy pv magazine USAGlass is a unique material used for its chemical stability and visual transparency. It is often used in solar panels as a protective outer layer.In his annual Index of PV modulesthe Renewable Energy Test Center (RETC) examined emerging issues in solar glass production and field performance. Reports were found of a worrying increase in solar panel glass breaking spontaneously in…
Xing Mobility has released its Immersi XE50 battery system, designed for renewable energy applications as well as commercial and residential use. The Taiwan-based company says its solution can reach up to 1500 V. June 24, 2024 Carrie Hampel From pv magazine ESS news placeThe battery manufacturers say the new XE50 battery highlights how XING Mobility’s battery module technology drives energy storage system performance upgrades. Immersion cooling battery technology, Xing says, addresses the critical safety and thermal management challenges in high-voltage batteries.As the name suggests, Xing Mobility started its journey into the world of electrical machines in the automotive sector. As…
A Bangladeshi-Chinese joint venture plans to build a 100 MW ‘semi-agrivoltaic’ project in Madarganj, Bangladesh. The facility will produce green chillies, turmeric and ginger. June 24, 2024 Syful Islam Image: Mariana Proenca, UnsplashA joint venture between China’s CREC International Renewable Energy Co. and the BR Powergen Ltd. (BRPL) of Bangladesh has agreed to set up a 100 MW solar power plant in Madarganj, Jamalpur district, Bangladesh.BRPL director Dhurjjati Prosad Sen said pv magazine that the power plant will be built on 350 hectares of land with an estimated cost of $170 million. The factory is expected to come online in…
Two pilot projects integrate PV into noise barriers, one along a railway line near Vilnius, and the other along the E5 national highway connecting the cities of Kaunas and Vilnius. June 24, 2024 Valerie ThompsonLithuania-based solar panel manufacturer SoliTek and Stalcorp, a Lithuanian supplier of noise-reducing foam and sound-absorbing walls, are participating in two pilot projects integrating PV into noise barriers, one along a railway line near Vilnius and the other along the E5 national highway connecting the cities of Kaunas and Vilnius.The Lithuanian railway operator LTG Infra, part of the Lithuanian Railways, installed a wall 70 m long and…
Rio Tinto has urged the federal government to make crops grown for biofuel production eligible for Australian carbon credit units, while Canberra is calling on the private sector to propose its own eligibility criteria to earn these incentives .Rio believes carbon-neutral biofuels will be the primary method to reduce emissions from mining trucks and trains before 2030, as electric and battery-powered fleets are not expected to be available or affordable this decade. Source link
Sungrow recently livestreamed a fire test of its PowerTitan energy storage system. The test included four 2,752 MWh PowerTitan systems, and the container was deliberately set on fire to test whether it could contain the thermal flood without spreading to other units. “This takes our commitment to industry safety and trade transparency to a level few have achieved,” said Hank Wang, president of Sungrow Americas. The test, conducted in May at a third-party laboratory in China, simulated the scenario of a real energy storage installation and was similar to the tests performed in the UL 9540A test, which Sungrow had…
SMA Solar Technology AG significantly reduces its forecast for the current financial year. Accordingly, sales are expected to be between €1.55 and €1.7 billion instead of between €1.95 and €2.22 billion. The new EBITDA target is €80 to €130 million instead of €220 to €290 million. June 20, 2024 Petra Hannen SMA plans to publish its 2024 half-year report on August 8.Image: SMA Solar TechnologyBy pv magazine GermanyA persistently volatile market and a delayed increase in incoming orders due to persistently high inventory levels at distributors and installers are the reasons why SMA Solar Technology AG has revised downwards its…
With its beaches, an imperial villa and a view of Mount Fuji across the bay, the town of Hayama, Kanagawa Prefecture, is a greener, calmer alternative to the hustle and bustle of nearby Tokyo. But for all its picturesque qualities on land, Hayamaâs coastal seas â like many across Japan â are in trouble. âI have witnessed the rapid decline of seaweed species like arame and kajime since around 2016,â recounts Hayama Eelgrass Council member Katsunori Yamaki. âFishermen, too, said they could no longer catch the abalone, turban shells and fish that had lived in the seaweed beds.â Working with…