Net electricity prices for end customers fall below zero for first time in Germany
As PV and wind power plants caused a significant oversupply on May 11, the electricity price fell to a low of minus €250 per megawatt-hour. Charging PV storage systems or electric cars during these hours thus generated income for customers with dynamic electricity tariffs between 12 pm and 3 pm.
Proposed US rule changes could alter solar supply chains
Proposed changes to US Foreign Entities of Concern rules could disqualify projects from tax credits if they fail to meet new eligibility standards.
Agrivoltaics offer more advantages in arid regions, new research finds
New research from France has compared the performance of agrivoltaics in Spain and the Netherlands and have concluded that the former – a dry region with high solar radiation levels – offer more technical advantages over the latter, which is characterized by abundant rainfall and lower solar radiation.
RWE installing 86.5 MW of PV systems along motorway in western Germany
The PV power plants are expected to be connected to the grid by the end of the year. RWE is already testing agrivoltaic systems in the immediate vicinity and has installed hybrid power plants with storage.
EBRD backs 1 GW solar-plus-storage project in Egypt with $30 million loan
Scatec has broken ground on Egypt’s first major hybrid solar and battery project after securing a $30 million equity bridge loan from the European Bank for Reconstruction and Development (EBRD).
Tiny solar-plus-battery kits yield annual savings exceeding hardware cost
Researchers found multiple benefits after distributing free solar panels and battery systems with USB ports to 800 rural households in Ghana.
Middle East, North Africa solar manufacturing capacity to reach 44 GW by 2029, says WoodMac
Wood Mackenzie forecasts the Middle East and North Africa region will emerge as a tariff haven and overtake Southeast Asia as a top solar export hub, becoming the primary exporter of solar panels to the US towards the end of this decade.
UK grid operator streamlines grid connection process for renewables up to 5 MW
Regulator Ofgem approves higher threshold for a transmission system impact assessment requirement applying to distributed generation projects in England and Wales. The move is expected to lower development costs for projects with capacity between 1 MW and 5 MW.
Ireland to launch fifth renewables auction on May 29
Ireland will launch its fifth renewables auction on May 29, with grid operator EirGrid set to finalize the procurement process by Oct. 10.
CATL aims to raise $4 billion with Hong Kong listing
Contemporary Amperex Technology (CATL) has launched a long-anticipated initial public offering (IPO) to raise $4 billion and fund overseas expansion, including a major battery plant in Hungary.
