Markets

China’s cumulative PV capacity has surpassed 670 GW. The nation deployed approximately 60.5 GW of new solar in the first four months of 2024, including 14.37 GW in April alone.

In a new weekly update for pv magazine, Solcast, a DNV company, explains that the solar cycle does tend to increase the earth’s average annual extra-terrestrial irradiance, but only by a very small amount. It also explains that, while the annual cycle of extra-terrestrial irradiance causes a steady, predictable and significant 3.5% change through the seasonal cycle, the peak of the 11-year cycle of solar activity causes a smaller, more sporadic and unpredictable set of fluctuations.

A new report from the International Renewable Energy Agency (IRENA) examines the global energy system’s transformation and its implications for energy security. It tells policymakers that energy security in renewables-based systems will require multi-dimensional thinking.

Malakoff Corporation Berhad, a Malaysian independent power producer (IPP), plans to acquire a 51% share in ZEC Solar and a 49% stake in TJZ Suria. It says it has already signed a share sale and purchase agreement with Zelleco Engineering.

The European Solar Manufacturing Council (ESMC) has voiced support for the inclusion of non-price criteria in auctions for solar modules, as laid out in the EU Net Zero Industry Act. The council’s recommendation paper also calls for member states to adopt the act as quickly as possible and highlights concern around cybersecurity and data security in relation to Chinese inverters.

This week, Women in Solar Europe (WiSEu) gives voice to Oana Ijdelea, the founder and managing partner of Romanian law firm Ijdelea & Associates. She says there is no objective blockage impeding women from pursuing a career in the renewable sector. There is, however, a vicious circle where women may become reluctant to apply for a position where males appear to be more present, and on the other hand, the lack of female presence in such roles does not encourage other women to step in.

The African Development Bank has asked financial management specialists to submit expressions of interest for two parts of its Desert-to-Power initiative, which aims to deploy 10 GW of solar by 2030 in the Sahel region.

Aiko Solar has won a patent litigation case against Maxeon Solar Technologies in a Dutch court. The judge has ruled that Aiko Solar did not infringe upon Maxeon Solar’s EP2297788B1 patent for back-contact (BC) solar cells.

An international research group has utilized a newly designed coalitional game system to ensure economic fairness between members of energy communities. The game system considers different types of prosumers relying on stand-alone and combinations of solar and storage.

Novel research from Germany and the USA has analyzed the impact of heat pump (HP) integration on the ability of day-ahead load forecasting in energy communities. Using different models, the scientists have also investigated whether HP loads should be forecasted separately from the rest of the household or both together.