China’s Universal International Holding Ltd. has secured a contract to build 100 MW of solar in eastern Azerbaijan, after submitting the lowest bid of $0.0354/kWh in the country’s first renewables auction.
China has tightened investment rules for PV manufacturing, raising the minimum capital ratio for starting projects from 20% to 30%, according to new standardized guidelines announced by the government.
Upon completion, The Red Sea destination will be a role model tourist development with 50 hotels and other amenities powered by 100% renewable energy, thanks to a 400 MW PV power plant supported by a 1.3 GWh battery energy storage system from Huawei.
Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.
Technology companies are the dominant corporates investing in solar and energy storage as electricity demand soars to keep pace with data center growth.
Trina Solar says it has achieved a record efficiency of 26.58% for a tunnel oxide passivated contact (TOPCon) solar cell. The Chinese manufacturer says Germany’s Institute for Solar Energy Research Hamelin (ISFH) has independently verified the result.
Researchers in China have created a balloon-integrated photovoltaic system that reportedly represents a feasible solution for emergency PV power generation in mid-to-high latitudes. It consists of a customized balloon, 19%-efficient thin-film cadmium telluride solar cells, an exhaust valve, control and storage modules, fixed ropes, and a cord reel, as well as an upper hemisphere and a lower arc surface.
Australia’s record uptake of rooftop solar is delivering significant benefits for some installers, with new analysis by industry consultancy Solar Nerds showing triple-digit percentage point annual growth rates for some companies.
Researchers from Germany and India have demonstrated an inkjet printing method to fabricate formamidinium tin-lead perovskite solar cells, achieving 10.26% power conversion efficiency and a 1.25 eV energy bandgap.
Developed by researchers in South Africa, the proposed technique is based on the water cycle algorithm (WCA), a population-based metaheuristic optimization algorithm that is inspired by the water cycle process in nature and how streams and rivers flow into the sea.
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