UtmoLight pushes perovksite PV module efficiency to 18.1%
UtmoLight has reached 18.1% efficiency with its perovskite PV modules, according to results confirmed by the US National Renewable Energy Laboratory (NREL).
Renewables accounted for 54.1% of total energy in Spain in February, while demand fell by 3.4%
The main source of energy for the month was nuclear (22.1%), followed by hydroelectric (20.2%), wind (17.3%), photovoltaics (14%) and combined cycle (13.8%). In addition, 237 GWh were supplied to storage facilities and 1,214 GWh scheduled for export to neighbouring countries.
Australian venture switches on 6.5 MW solar-plus-storage project
Vibe Energy, an Australian energy and infrastructure company, has energized the Nhill Renewable Energy Facility (NREF), its joint venture with Victoria-based regional water authority GWMWater.
Axpo signs 10-year corporate PPA in Croatia
Swiss power producer Axpo has signed a 10-year corporate power purchase agreement (cPPA) to supply 17.5 GWh of electricity to two production sites of Croatian HVAC manufacturer Klimaoprema.
SMA posts €93 million loss for 2024
The German PV company saw revenue plunge nearly 20% last year. SMA expects revenue and profit to stabilize in 2025 due in part to restructuring measures, which are already having an impact.
Somalia kicks off solar-plus-storage tender
The Somali government is running a tender for the development of a 12 MW solar/36 MWh battery energy storage system (BESS) in the northeastern part of the country. The deadline for applications is May 5.
Nigeria launches O&M tender for hybrid solar plants
Nigeria’s Rural Electrification Agency (REAN) has issued a tender for companies to provide operations and maintenance (O&M) services for seven hybrid solar plants at educational institutions, totaling 32 MW of PV capacity.
US solar facilities lost $5,720 per MW to equipment issues in 2024
US solar facilities lost $5,720 per megawatt in 2024, with global losses from equipment failures and extreme weather reaching $10 billion. Raptor Maps says 193 GW of projects recorded rising power losses, primarily from inverters, strings, and combiners, with regional weather risks varying significantly.
China deploys 277.57 GW of solar in 2024
China installed 277.57 GW of solar in 2024, up 28.3% from 2023 and bringing total capacity to 887 GW., according to the China Photovoltaic Industry Association (CPIA).
SJVN awards 448 MW in 1.2 GW renewables tender
SJVN has awarded 448 MW under its 1.2 GW round-the-clock renewable power tender for grid-connected projects with or without energy storage.
