Scientists have proposed a building-integrated PV system that integrates airflow to cool the panels and control room temperature. The system, which also acts as a shading device, can reportedly mitigate drops in power generation efficiency without additional energy consumption.
India’s PM Surya Ghar Muft Bijli Yojana initiative (PM-SGMBY) could create a INR 1.2 trillion ($13.9 billion) opportunity for PV module, inverter, and component manufacturers, benefiting project developers and engineering, procurement, and construction (EPC) contractors, according to SBICAPS.
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
The European Bank for Reconstruction and Development (EBRD) is investing up to €105 million ($109.5 million) in a large-scale solar-thermal plant in Novi Sad, Serbia. The project is expected to reduce the district heating agency’s natural gas consumption by around 29%.
Serbia’s Ministry of Mining and Energy has announced a second renewable auction to procure 124.8 MW of solar at a maximum price of €72 ($75.90)/MWh. Bids are due by Feb. 5, 2025.
Serbia’s upcoming second renewables auction, scheduled for later this month, aims to procure 124.8 MW of solar power with a ceiling price of €72 ($75.30)/MWh. This price is lower than the €90/MWh ceiling offered in the country’s first renewables auction last year.
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