German energy market caps turbulent August with 68 hours of negative prices
Rabot Charge, a German renewable energy supplier, says the average spot electricity price in August rose slightly from July to €0.082 ($0.09)/kWh. The increase was due to a slightly below-average share of renewable sources in grid electricity.
Easter Island launches 3 MW/2 MWh solar-plus-storage tender
Chile’s Sociedad Agrícola y Servicios Isla de Pascua (SASIPA) has kicked off a 3 MW/2 MWh tender for the first solar-plus-storage project on Easter Island.
Australian renewable investments surging, says Clean Energy Council
A new Clean Energy Council (CEC) report highlights a steady recovery in large-scale renewable energy investment and strong ongoing investment in energy storage in Australia.
Low-cost machine learning framework for snail trail detection in PV panels
Conceived by French scientists, the novel system uses ensemble learning and does not require anything more than a commercially available optimizer. Before it makes a decision, the method combines K nearest neighbors, support vector machine, and decision tree learning. Accuracy is reportedly up to 89%.
U.S. authorities unveil plan to develop solar on 31 million acres
The U.S. Bureau of Land Management (BLM) said the plan intentionally drives development closer to transmission lines or on previously disturbed lands to avoid protected lands, sensitive cultural resources and important wildlife habitat.
The Hydrogen Stream: US government offers $62 million for hydrogen tech
The US Department of Energy has announced $62 million for 20 projects to accelerate hydrogen technology, while international researchers have revealed how hydrogen injection into existing natural gas infrastructure could affect 115 million gas meters in the European Union.
France deploys 1.05 GW of PV in Q2
The French government says the nation installed 1.05 GW of new solar in the second quarter, bringing the country’s cumulative installed PV capacity to 22.2 GW by the end of June.
UK allocates more than 3 GW of solar through CfD auction
Record contracts for difference (CfDs) auction for UK solar results in more than 90 projects securing fixed-price contracts. It follows intervention from the new UK government in summer 2024 to increase the auction budget. Strike prices achieved for all renewables technologies were well below the auction’s ceiling price.
Larsen & Toubro sets up renewable EPC unit
Larsen & Toubro has carved out a renewable business division amid growth in its infrastructure segment.
Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
