Thermal storage beats hydrogen, electrification on industrial costs
A new study in Germany shows the advantages of thermal energy storage in the decarbonization of industrial processes. The researchers noted clear cost advantages and high potential for flexibility in the power grid.
X-Elio signs 20-year PPA with Amazon for 14 MW of solar in Japan
Spain’s X-Elio has signed a 20-year power purchase agreement (PPA) with Amazon for the entire output of its 14 MW Funaki solar plant in Japan, which is expected to generate 18,686 MWh per year by mid-2025.
Enervis launches 24/7 PPA Platform
Enervis has launched its 24/7 PPA Platform to accelerate the adoption of 24-7 power purchase agreements (PPA), which match every hour of electricity consumption with carbon-free generation. The initiative models five PPA alternatives against a baseload benchmark.
Volta’s 2024 Battery Report: Falling costs drive battery storage gains
The 500 page report offers a full picture of the battery industry, including a deep focus on battery energy storage systems (BESS).
Top 5 global inverter trends to watch in 2025
Challenges and innovations drive solar and energy storage inverter industry forward in 2025.
European PV module purchasing platform reports 20% increase in panel prices
Solar module prices in Europe rose this week for the first time in months, says Bart Wansink, CEO of Search4Solar, a European sales platform for PV products. He tells pv magazine that prices could climb quickly in the coming weeks.
Turkey’s cumulative solar capacity doubles in 2.5 years to 19.6 GW
Ember, a London-based energy think tank, says in a new report that Turkey’s cumulative installed PV capacity has doubled to 19.6 GW in just two and a half years, driven by a surge in self-consumption projects.
Bangladesh launches 1.78 GW solar tender
The Bangladeshi authorities are seeking proposals to build 19 solar plants with capacities ranging from 70 MW to 100 MW across several regions.
Large-scale solar delivers generation high in Australia
Large-scale solar farms across Australia generated a record 16.2 TWh of clean energy in 2024, delivering a near 7% increase on the previous year and taking the contribution from renewables to a new record high.
US solar PPA prices rise 3.3% in Q4
LevelTen Energy says in a new report that US solar power purchase agreement (PPA) prices rose 3.3% in the fourth quarter, possibly due to policy uncertainty.
