Trilantic Europe acquires 60% stake in Aerocompact
Mathias Muther, the founder of Aerocompact, says a new investment from private equity firm Trilantic Europe will allow the Austrian mounting system manufacturer to expand its international market presence.
Record number of European PPAs in 2023, says Pexapark
The European market for power purchase agreements (PPAs) reached 16.2 GW in contracted volumes in 2023, up 40% year on year. Pexapark, a Swiss consulting firm, says the result marks a “golden era” for European PPAs, as it predicts the market to surpass 20 GW in 2024.
PV commissioning times up by 6 months over past 20 years, claim scientists
Scientists in Switzerland used project-level data from BloombergNEF to analyze completion times of renewable energy projects across 48 countries. They have found that average commissioning times have increased over the past two decades for all clean energy technologies.
Canadian startup offers 35%-efficient indoor perovskite PV modules
Canada’s Solaires Entreprises says its indoor perovskite modules are suitable for powering a range of electronic devices, such as wireless keyboards, smart door locks, electronic shelf labels, and sensors.
Cloud fraction nowcasting method for PV applications
Researchers in China have developed a novel way to predict the cloud coverage of PV plants. The method uses geostationary satellite and recurrent-neural networks.
How to combine residential heat pumps with PV, battery storage
New research from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has shown that combining rooftop PV systems with battery storage and heat pumps can improve heat pump efficiency while reducing reliance on grid electricity.
3S Swiss Solar Solutions completes 250 MW module factory in Switzerland
Switzerland-based module manufacturer 3S Swiss Solar Solutions opened its second production facility in its home country.
Pacific Energy delivers first hydrogen standalone power system
Pacific Energy has deployed a first-of-a-kind containerized hydrogen electrolyzer and fuel cell as part of a tech development project that is exploring the feasibility of using hydrogen as a clean energy source and storage solution in northern Australia.
NREL says long-term degradation of 8 GW of US solar ‘matches expectations’
Research by the National Renewable Energy Laboratory (NREL) on the degradation of almost 8 GW of US solar shows that PV systems are degrading at a modest rate, within expectations. It says most PV systems experience minimal damage from short-term extreme weather, but warns of the risk of powerful hail, wind and snow.
Rystad tips Australian projects to help propel global green hydrogen growth
Rystad Energy has countered the International Energy Agency’s (IEA) recent “reality check” for the green hydrogen sector, predicting that the momentum behind renewable-based hydrogen will gather pace in 2024 as global renewable energy capacity continues to expand rapidly.
