MySol Grid Zambia, a subsidiary of Engie Energy Access (EEA), has secured $7.5 million of debt from the Facility for Energy Inclusion (FEI) to build 60 minigrids. The projects will provide electricity to more than 40,000 people in rural areas.

Total investment in European solar startups surged by nearly 400% year on year in the January-May period. Companies secured $6 billion of new funds, from just $1.2 billion raised during the same period in 2022, according to data from Avent Abacus.

In another interview from the series held at Intersolar 2023, pv magazine spoke with SolarPower Europe analysts Raffaele Rossi and Christophe Lits about the favorable prospects for the rooftop segment in 2023, as well as the increasing opportunities in the large scale segment. They also provided interesting figures on the expected global growth by 2027.

George Hilton, research manager at S&P Global, spoke to pv magazine at the recent Intersolar 2023 trade show about the latest energy storage trends. He said the industry needs easy-to-install products and more efficient supply chains, and noted that battery prices are highly volatile because they fluctuate in response to changes in the dynamic Chinese electric vehicle market.

German coal miner LEAG is planning a massive clean energy hub, comprising up to 14 GW of wind and solar energy generation paired with 2 GWh to 3 GWh of battery energy storage and 2 GW of green hydrogen production. Combined, these technologies are expected to create a net-zero baseload energy system.

Dutch utility Eneco has announced plans to build a 50 MW/200 MWh battery energy storage installation in Wallonia, Belgium, using Tesla Megapacks. The battery plant will offer four hours of storage.

The Serbian government has allocated a quota of 50 MW for its first solar auction. Solar plants with capacity of more than 500 kW will be allowed to participate in the competitive tendering process, with the ceiling price set at €90 ($96.10)/MWh.

SolarEdge’s new software-based solution manages and optimizes the electric-vehicle (EV) charging process for sites that have solar resources and large numbers of EVs requiring dynamic load management.

Researchers in Morocco have carried out an experimental investigation which has confirmed that even in hot desert climates, the wind has a positive effect on reducing the PV module temperature, improving the electrical production as well as the conversion efficiency.

US-based Salgenx says it has successfully integrated ultracapacitors with its saltwater redox flow batteries, resulting in significantly better power response and system performance.