Celebrating its one year anniversary during Solarex, Turkish monitoring and AI startup Solarify is looking to reduce false alarms from utility scale PV projects. Based out of an incubator in Ege University in the coastal city of Izmir, Solarify is on the hunt for international partners.
Insurance is seldom sexy but climate change campaigners will raise a glass to Munich Re if the industry emulates its policy to cap the financial risk related to battery warranties and helps lift global investment in energy storage as a result.
The California senator has joined former New York mayor Michael Bloomberg among the latest high-profile backers of a climate-jobs-infrastructure-social safety net concept, of which 100% renewable energy may be the least ambitious component.
The funds will be used by the Argentinian government for solar and other renewable energy projects selected in the third round of the program. The guarantee package was approved by the World Bank in March.
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
The Japanese government said the recent publication of a quality-evaluation guide for solar projects will ensure the long-term sustainability of the country’s PV sector, partly by improving maintenance standards, while serving as a potential boon for investment in the relatively dormant secondary market for operational installations.
Wildlife vandalism is the least of the worries afflicting PV system owners in India, according to a report which exposes cost-cutting in installation, non-existent warranties, serious safety concerns and improbable performance figures.
In what analysts worldwide are sure to look back on as the last golden period for global solar – at least for the immediate future – China saw more impressive figures for PV manufacturing in the first half of the year. Then the government stepped in.
The South Korean government has revealed plans to introduce new environmental guidelines and rules on where PV projects can be built, following a public outcry after a landslide smashed into an operational solar array south of the city of Daegu.
In its annual flagship report, the International Energy Agency (IEA) highlights that fast-declining costs will turn solar into the cheapest source of new energy generation over the next 25 year.
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