Swiss consulting firm Pexapark noted a rise in European power purchase agreement (PPA) prices in March, for the first monthly increase since August 2023. It recorded 18 PPAs in March, totaling 718 MW, with solar accounting for 398 MW across nine deals.
The Korea Institute of Energy Research has developed a solid oxide electrolysis cell stack that uses a special kind of separator plate to ensure proper flow of hydrogen and oxigen after water splitting. Samsung Electro-Mechanics and Bumhan Industries are now cooperating with the research center to improve relevant manufacturing process.
The International Energy Agency (IEA) has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
OCI has revealed plans to invest $617.9 million to expand production at its Malaysian manufacturing facility from 35,000 to 56,600 metric tons.
India set a new record for monthly renewable energy installations by deploying 7.1 GW of capacity in March 2024. The monthly renewables additions included more than 6.2 GW of solar.
German and Swedish researchers calculated the supply of materials to produce perovskite tandem PV at a multi-terawatt-scale, flagging the difficult supply of gold, indium and cesium, well as a need to streamline production of certain materials used for hole-transport layers. “In essence, we might be able to go post-fossil fuels, but we can’t go post-minerals,” the research’s corresponding author, Lukas Wagner, told pv magazine.
Researchers in China have designed a two-stage, solar-assisted thermochemical heat pump system that uses caustic soda and water as a working pair. The system is reportedly able to achieve an energy storage density of 363 kWh/m3 and is considered by its creators an ideal solution for residential buildings with limited space.
Singapore-based renewables developer Vena Energy has launched commercial operations of a 125 MW solar project in the Australian state of Queensland. It is backed by a long-term offtake agreement with global tech giant Amazon.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.
As the US Inflation Reduction Act (IRA) ramps up clean energy efforts across the United States, the government has outlined a plan to expand transmission lines to accommodate more power.
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