Sinovoltaics releases financial stability ranking of PV module manufacturers
Sinovoltaics has analyzed listed solar panel producers over the past three years using a balance sheet-based model and publicly available financial information to track finacial strength. The top-five module makers of the new ranking are Tainergy, First Solar, Eterbright, Mission Solar, and Era Solar.
Weekend Read: A battery worth its salt
While lithium ion battery prices are falling again, interest in sodium ion (Na-ion) energy storage has not waned. With a global ramp-up of cell manufacturing capacity under way, it remains unclear whether this promising technology can tip the scales on supply and demand.
Open-source software helps stakeholders make cost-effective renewable energy investments
Conceived by a group of scientists in Australia, the novel online tool can be modified for different regulatory environments. The program’s user interface asks for seven input files with a resolution of 30 minutes.
EU clears Greek aid for 813 MW of PV with storage
The European Commission has approved €1 billion ($1.08 billion) of Greek measures under EU state-aid rules to support two utility-scale solar projects with lithium-ion batteries and molten-salt thermal storage. The funds will take the form of a contract for difference (CfD) over a period of 20 years.
EDF, KOWEPO to bid for 1.5 GW solar project in UAE
Korea Western Power Co. (KOWEPO) and EDF Renewables have signed a joint development agreement for a 1.5 GW solar farm in Khazna, United Arab Emirates (UAE). The partners are already in advanced discussions with Abu Dhabi’s Emirates Water and Electricity Co. (EWEC) for a project of the same size in the Al-Ajban region.
Weekend Read: Gray skies over Californian solar
There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics.
Shizen Energy takes full ownership of Juwi joint ventures
Japan’s Shizen Energy has acquired all shares of renewable contractors juwi Shizen Energy and juwi Shizen Energy Operation, its two joint venture companies with Germany’s Juwi GmbH.
JinkoSolar claims top spot in 2023 PV module shipment rankings
Chinese manufacturer JinkoSolar says its solar module shipments reached 78.5 GW in 2023. This year, it says it hopes to sell up to 110 GW of panels.
Romanian plastics manufacturer secures financing for 4.56 MW of PV
TeraPlast SA has secured financing for 4.56 MW of solar, with approximately one-quarter of the project’s total value obtained through non-refundable financing from the Romanian government’s National Recovery and Resilience Plan. The project, which will include a 920 kW storage facility, is set to be completed in June.
Algeria’s Sonelgaz awards 3 GW of solar projects
Representatives of Algerian state-owned utility Sonelgaz have signed contracts with local and foreign companies for the construction of 20 solar projects from two tenders.
