SunPower to close business units, cut about 26% of workforce
The US-based company announced plans to wind down its residential solar installation locations and close its direct sales unit.
Electricity prices rising in most European markets
AleaSoft Energy Forecasting recorded electricity price increases in most major European markets during the third week of April. It says prices could continue to increase in the fourth week of April, due to rising electricity demand.
DualSun launches foldable plug-and-play solar kits
France’s DualSun has developed foldable plug-and-play solar kits with a power range of 420 W to 1.68 kW.
The fastest energy change in history still underway
In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
At least 29 countries installed more than 1 GW of PV in 2023
IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.
Anker Solix launches residential batteries
The new X1 can operate inside or out, from -20 C F to 55 delivering what Anker says is 100% power output without derating. The batteries are lithium iron phosphate (LiFePO4) and will reportedly remain fully operational for up to 3,000 charge cycles.
IRENA’s 14th assembly underscores role of geopolitics, urgent need for action
The 14th assembly of the International Renewable Energy Agency (IRENA) last week in Abu Dhabi underscored the centrality of geopolitics and security in the current global energy landscape. The gathering also called for greater action to achieve the COP28 target of tripling renewables deployment by 2030.
France announces new FIT rates for PV systems up to 500 kW
France’s new feed-in tariffs (FITs) for the period from May to July 2024 range from €0.1735 ($0.1850)/kWh for installations below 3 kW to €0.1141/kWh for arrays ranging in size from 100 kW to 500 kW.
Renewables hit record levels in Australia as electricity demand rises
A new report by the Australian Energy Market Operator (AEMO) shows the nation’s clean energy transition is gathering pace with renewables, including large-scale and rooftop solar.
Winter air pollution weighing on solar generation in India
Solargis says that Indian solar operators have experienced below-average PV panel performance due to air pollution in each of the past five winters. Northern India experienced the worst air quality in decades this January, with data showing a 30% to 50% dip in solar irradiance due to high aerosol levels.
