The government of Sao Paulo, Brazil, says that a new 7 MW floating solar project on a reservoir in the megalopolis is the first phase of a 75 MW facility that will be completed in 2025.
The result was certified by Fraunhofer ISE CalLab. The cell uses a top inverted PV device using an electron transport layer made of thermally evaporated buckminsterfullerene (C60) with minimized parasitic optical absorption.
Solar panel and system prices are on the decline in Australia, but figures from industry analyst SunWiz show that a growing number of Australian households are opting to forgo savings in search of higher generation capacity.
The NC Clean Energy Technology Center covers the latest trends in US solar policy.
Juniper Green Energy and KPI Green have emerged as winners in Gujarat Urja Vikas Nigam’s tender for 500 MW of grid-connected wind-solar hybrid projects in India. They respectively secured 150 MW and 50 MW of capacity.
Researchers at the Dalian Institute of Chemical Physics (DICP) in China have developed a 70 kW-level vanadium flow battery stack. The newly designed stack comes in 40% below current 30 kW-level stacks in terms of costs, due to its volume power density of 130 kW/m3.
Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) says rising CO2 prices could make PV-powered heat pumps the most cost-effective choice for residential heating in the country, with heat pump uptake and district heating adoption proving more economical than replacing gas heating.
Enel has obtained €560 million ($610.2 million) for a solar module factory it is building in Catania, Sicily.
Wood Mackenzie says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years. The research firm is also forecasting challenges for the solar manufacturing sector and long-awaited benefits from the Inflation Reduction Act in the United States.
Mitsubishi HC Capital, a Japanese investment firm, has become the second-largest shareholder in Danish renewable energy developer European Energy A/S by acquiring the equivalent of 75 million shares. Knud Erik Andersen, the CEO of European Energy, says the transaction more than triples the company’s equity.
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