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Xinyi Solar says it expects a 70% to 80% profit decline for the year ending Dec. 31, 2024, due to low market prices, higher plant suspension costs, and inventory writedowns. ...
Scientists have developed a multi-physics thermal model for panels with a natural convection cooling loop and tested it against experimental data. They have also experimented with varying the coolant channel thickness and different coolants. The highest measured electrical efficiency reached 15.45%. ...
US-based Origami Solar has overcome two key challenges to replace aluminum solar module frames with steel products. The company says it can offer improved performance and a compelling value proposition, particularly for module makers setting up outside China. pv magazine caught up with Origami Solar CEO Gregg Patterson to discuss steel frames and the company’s expansion plans. ...
Waaree Energies says it has secured environmental product declaration (EPD) certification for its bifacial mono passivated emitter and rear cell (PERC) and tunnel oxide passivated contact (TOPCon) solar panels. ...
Researchers have proposed an atmospheric polygeneration system for hot, humid climates that generates water, cooling, and hydrogen, while Inpex has started preparations for a blue hydrogen production project in Niigata, Japan. ...
The European Bank for Reconstruction and Development (EBRD) is investing up to €105 million ($109.5 million) in a large-scale solar-thermal plant in Novi Sad, Serbia. The project is expected to reduce the district heating agency’s natural gas consumption by around ...
Singapore’s Sembcorp Utilities has launched commercial operations at its 588 MW solar plant in Oman more than four months ahead of schedule. The project operates under a 20-year power purchase agreement (PPA) with Nama Power and Water Procurement Co. ...
Norway’s Mer Group has installed a pilot EV charging station with a timber canopy in Spittal an der Drau, Austria, in collaboration with local partners. ...
Zanzibar’s state-owned utility is holding a tender for the development of an 18 MW solar project on the southern end of the archipelago off Tanzania’s coast. The application deadline is Jan. 31, 2025. ...
Tunisia’s Ministry of Industry, Mines and Energy has approved four solar projects in the first phase of a 1.7 GW solar tender. The lowest price awarded was TND 98.8 ($0.03113)/kWh. ...
Iberdrola SA of Spain (BME:IBE) has obtained a long-term power purchase agreement (PPA) to provide electricity from its 315-MW Windanker offshore wind farm, which is presently under construction in the German Baltic Sea. Starting in 2027, German building materials firm SCHWENK Zement GmbH & Co KG will be supplied with enough wind energy to generate around 20% of its electricity requirements, ...
China-based Gotion High-tech Co. (SHE:002074) is set to build two battery manufacturing plants in Morocco and Slovakia, each with an annual production capacity of 20 GWh. The Moroccan plant, to be situated in the Rabat region, will focus on producing high-performance lithium batteries and their raw materials. The project, which will be developed in phases over five years, will be managed by ...
Norwegian renewables firm Scatec ASA (OSL:SCATC) announced on Monday that it has secured preferred bidder status for a 288-MW solar project in South Africa's seventh round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The project, named Mercury Solar PV 2, will deliver electricity through a 20-year power purchase agreement (PPA) once operational. ...
Vistra this week announced that two new utility-scale solar projects in Illinois have connected to the grid and that, amid widespread concern over reliability in the MISO market, it is amending the retirement schedule of its 1,185-megawatt Baldwin Power Plant in Baldwin, Illinois. The company now intends to run the plant through 2027 instead of retiring in 2025, as previously announced, while ...
This week, the National Association of State Energy Officials (NASEO), in partnership with the American Association of State Highway and Transportation Officials (AASHTO), Atlas Public Policy, and the Joint Office of Energy and Transportation, launched the NEVI Awards Dashboard.The NEVI Awards Dashboard tracks electric vehicle charging sites funded by states through the National Electric Vehicle ...
This year, the average monthly residential electric bill reached $182 nationally, the highest amount ever recorded by J.D. Power—and customers aren’t happy. According to the J.D. Power 2024 U.S. Electric Utility Residential Customer Satisfaction Study, released this week, overall satisfaction has declined for a fourth consecutive year to 707 (on a 1,000-point scale), with the biggest decline ...
Trends identified in NERC’s 2024 Long-Term Reliability Assessment (LTRA) highlight critical reliability challenges that industry is facing over the next 10 years: satisfying escalating energy growth, managing generator retirements and removing barriers to resource and transmission development. As a result, well over half of the continent is at elevated or high risk of energy shortfalls over the ...
Governor Kathy Hochul this week announced an additional $28.5 million is now available to install electric vehicle fast chargers along major travel corridors across New York State. Funded by the federal National Electric Vehicle Infrastructure (NEVI) formula funding program, the State’s new competitive Downstate Direct Current Fast Charger (DCFC) program will improve consumer access to reliable ...
Governor Kathy Hochul this week announced an additional $28.5 million is now available to install electric vehicle fast chargers along major travel corridors across New York State. Funded by the federal National Electric Vehicle Infrastructure (NEVI) formula funding program, the State’s new competitive Downstate Direct Current Fast Charger (DCFC) program will improve consumer access to reliable ...
With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according to a new IEA report.The report, The Future of Geothermal Energy, finds that geothermal energy could meet 15% of global electricity demand growth between now and 2050 if project ...