China-based Halead is offering a reflective material for ground-mounted bifacial PV projects, which it claims can increase the annual power production of a solar plant by over 9%. Germany’s TÜV SÜD certified the performance of the solution.
The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.
Cox Energy secured the assets of Abengoa in April 2023. Abengoa began insolvency proceedings for its main business unit in May 2022.
Tata Power Renewable Energy will develop 200 MW and 150 MW solar projects for Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The installations will be located in the Indian state of Maharashtra.
Ingeteam has sold its operation and maintenance (O&M) division to UK-based RES Group. It say the 35 GW renewable assets are worth €35 billion ($38.2 billion).
The completion of a new 1.5 MW solar farm has brought Tasmania’s King Island closer to achieving a permanent shift to 100% renewable energy.
Fracsun says it will team up with App Orchid to develop a soiling-loss database and simulation tool.
Romania is resuming the development of the Tarniţa Lăpuşteşti pumped hydro storage project, with a planned capacity of 500 MW to 1 GW. It will be the first installation of its kind in the country.
Pexapark, a Swiss consultancy, has studied energy storage drivers, value streams, contractual agreements, and regional perspectives in Europe. It says that one obstacle to deployment is the inability to properly model revenue, and notes that 15% of companies plan to use AC coupling for projects in the next three years.
A new process is described as a tool to assess the value of deferring, relocating, or abandoning PV projects under development in uncertain market conditions. It reportedly allows accommodating different sources of uncertainties with different stochastic features, as well as accounting for the various managerial flexibilities embedded in most solar projects.
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