Australian renewables to dominate generation in nuclear future
The Australian opposition has released energy plan modeling showing nuclear power could be up to 44% cheaper than current government projections, while forecasting that renewable generation will continue to dominate electricity production.
Japanese startup developing flexible chalcopyrite solar modules
PXP Corporation has recently secured JPY 1.5 billion ($9.98 million) in a round led by Japan’s Softbank Corp. to move forward with its plan to build a 25 MW chalcopyrite module factory.
Indian state allots land for solar manufacturing projects
The Indian state of Madhya Pradesh has received solar manufacturing proposals from Grew Energy, Insolation Green Energy, Premier Energies Global, Saatvik Solar and other companies. Land allotment letters for these industrial units were recently given away by the state’s chief minister.
Daikin launches air-to-water heat pumps for single-family homes
Daikin has released a line of residential heat pumps, using propane (R290) as the refrigerant, with outdoor unit dimensions of 1,122 mm x 1,330 mm x 600 mm. The new products have an output ranging from 6 kW to 14 kW and can reportedly deliver hot water up to 75 C.
US adds 3.8 GW of storage capacity in Q3, residential segment hits all-time high
In the third quarter of 2024, the US installed 3.8 GW of storage across all segments, an 80% increase from Q3 2023.
Trump touts solar trade tariffs
While the US Inflation Reduction Act (IRA) is reshoring solar manufacturing in the United States, raising import tariffs may slow momentum. The actions of the incoming Trump administration are tough to forecast at this point.
Solar trade headwinds
Prices across the solar supply chain remained in bearish territory into the fourth quarter of 2024. Trade and regulatory developments have continued to preoccupy the industry and dampen trading activity.
The Hydrogen Stream: IGI Poseidon, Corinth Pipeworks test H2 transport pipes
IGI Poseidon has partnered with Corinth Pipeworks to test carbon-steel pipes for hydrogen transport under high pressure, while Axpo has begun building a green hydrogen plant in Switzerland to fuel vessels and other applications from 2026.
Chinese PV Industry Brief: Stable silicon, wafer prices with minor variations
TrendForce says silicon material and wafer prices stayed mostly stable this week, while Longi Green Energy has signed a strategic deal with China Energy Construction for green energy projects.
UK targets 45 GW solar, 22 GW BESS in Clean Power 2030 plan
Policies and targets confirmed in 138-page government plan to decarbonize Great Britain’s electricity generation by 2030. Solar and storage to play a key role alongside market reforms, changes to planning process, and a revamped connections queue.
