Highlights

New research shows that floating PV plants may have superior generating capabilities compared with ground-mounted PV plants in several areas of Bangladesh. Furthermore, the study indicates that floating arrays in the country may reach a levelized cost of energy ranging from $0.0341/kWh to $0.0486/kWh depending on the location.

Samsung and SMA are using a new cloud-to-cloud system that allows PV systems with SMA inverters to be integrated with Samsung heat pumps.

PV manufacturing capacity is projected to more than double by 2024, led by China, but oversupply is also anticipated, according to the International Energy Agency (IEA).

Luxembourg has selected 75 solar projects in the nation’s first procurement exercise for self-consumption. It will launch a second tender in July.

Toshiba Carrier has been recognized at the 2023 National Invention Awards of Japan for its innovative discharge port structure in multi-cylinder rotary piston compressors for heat pumps. The technology tackles the problem of overheating, resulting in improved heating capacity and efficiency.

DEWA said it will announce the preferred bidder for the 1,800 MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park in the third quarter of this year.

The European Commission says it is unnecessary and unadvisable to prolong the emergency measures for the energy market that were adopted at the end of 2022. This means that the €0.18 ($0.19)/kWh price cap on solar and other renewables will no longer apply in most member states from June 30.

Mezőcsát, a 233 MW solar plant in Borsod-Abaúj-Zemplén, Hungary, has officially commenced operations.

Cambodia’s Ministry of Mines and Energy has published a document outlining principles to permit the use of rooftop PV. The new policy replaces a monthly capacity fee for rooftop systems, with a tariff calculated based on an intricate formula.

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.