New bidding strategy for PV asset owners operating in spot market
Conceived by an international research team, the new bidding strategy applies to the day-after and the intraday markets. It uses a technique that transforms results from probabilistic models into actual scenarios. Their method showed its ability to yield increased revenues and reduced imbalance.
German PV and storage provider Bosswerk files for insolvency
The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.
Global PV investment to surpass $500 billion in 2024
The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year.
Solar panels could raise value of houses by up to 7.1%
Using a range of machine-learning techniques, a group of scientists found that PV systems can significantly increase the value of a property in the United Kingdom. The analysis was based on property data from Zoopla, one of the leading providers of UK property listings, and price paid data sourced from the government’s Land Registry from 2012-2018.
The Hydrogen Stream: Canada, Italy announce funds for hydrogen trade, infrastructure
Canada and Italy announced funds for hydrogen projects. Meanwhile, a team of researchers explained that Australia should ship hydrogen to Japan by 2030 via methyl cyclohexane (MCH) or liquid ammonia (LNH3), not completely rejecting the option of liquid hydrogen (LH2).
Scatec sells stakes in South African, Rwandan solar plants
Norwegian developer Scatec is selling a proportion of its interest in three solar power plants in South Africa and has completed the sale of its entire stake in a Rwandan facility. It says the agreements will finance further growth opportunities.
Enstall takes over Schletter
The Dutch company, which itself was taken over by Blackstone and Rivean Capital, will become the majority shareholder of the German photovoltaic company. Schletter’s previous shareholders will hold minority stakes in Enstall in the future.
Sale process begins for German microinverter maker Solarnative
Solarnative launched insolvency proceedings and started searching for new investors in June.
Sinovoltaics shuffles PV module manufacturer financial stability ranking
The third edition of the Sinovoltaics financial stability report ranking lists India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy, all based in India, as the top three. Six additional manufacturers entered the global ranking.
EneCoat to accelerate perovskite PV production
EneCoat Technologies, a Japanese solar perovskite developer, has raised JPY 5.5 billion ($35 million) from new and existing investors to finance new collaborations based on its low-temperature production process.
