Ernst & Young ranks India, China, US as world’s most attractive solar markets
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Strategically timed, transnational exchange of solar energy
Argentina and Chile are reactivating the Andes Interconnection Line to facilitate the bidirectional exchange of energy. During the day, Argentina will receive 80 MW of solar from Chile, but it will export back 200 MW of natural gas at night.
Italy’s Key Energy positions agrivoltaics, utility storage as new market drivers
The latest edition of Key Energy, Italy’s top solar event, shows that the nation is once again poised for growth. It also shows that incentive schemes can turn agrivoltaics and large-scale storage into market drivers like rooftop and ground-mounted PV.
Roadmap to increase solar acceptance
The PV sector has significant implications for the economy, society and the environment. Positive impacts show that PV is a key contributor on the path to sustainability, and that highlighting these benefits could raise social and political acceptance in the transition to sustainable energy.
Danish consortium builds 1 MW/20 MWh molten salt thermal storage facility
Hyme Energy and Bornholms Energi & Forsyning are building a pilot project to store clean electricity with molten salt. The system will likely start providing heat, power and ancillary services by 2024.
Fortescue plans 10 GW wind-solar hub for green hydrogen in Australia
Fortescue Future Industries has revealed plans to work with Windlab to develop a renewable energy “Super Hub” in Australia.
New algorithm to identify underperforming strings in PV systems
German researchers have created an algorithm to predict and identify string yield losses or underperforming strings without additional weather data. It could be used to inspect modules, strings, arrays, inverters, and transformers.
Offshore wind farm in North Sea to host 5 MW floating PV plant
SolarDuck, an offshore solar developer in the Netherlands, has been chosen to build a 5 MW floating PV project with energy storage. It aims to start operations in 2026.
Australian renewables tender sparks 8 GW response from industry
The government of the Australian state of New South Wales has secured bids for more than 5.5 GW of wind and solar projects, as well as more than 2.5 GW of long-duration storage projects.
Weekend read: Solar tops the bill
The US Inflation Reduction Act of 2022 sets aside $369 billion to decarbonize the economy and respond to climate change. pv magazine USA’s Anne Fischer and Ryan Kennedy report on the boost the landmark legislation is expected to provide to solar and battery deployment and manufacturing.
