Rising gas prices, lower renewables output driving up European power costs
AleaSoft Energy Forecasting says rising gas prices coupled with lower solar and wind production had an upward influence on European electricity prices in most markets last week. France, Portugal and Spain all broke their daily solar production records in October.
India adds 11.3 GW of solar module capacity, 2 GW of cells in H1 2024
India added 11.3 GW of solar module and 2 GW of cell manufacturing capacity in the first half of 2024, bringing the country’s cumulative production capacities to 77.2 GW for modules and 7.6 GW for cells, according to Mercom India.
Swiss startup offers organic PV-powered asset tracker
Truvami has launched an organic PV-powered asset tracker equipped with localization and sensor technology for battery-free use indoors and outdoors, targeting logistics and manufacturing applications.
CIP building 1.1 GWh standalone battery storage project in Chile
Copenhagen Infrastructure Partners (CIP) has approved a final investment decision and started construction of the Arena battery energy storage system (BESS) project, with the aim of supplying energy from the first quarter of 2026.
Chinese PV Industry Brief: Shanghai stocks soar, TCL appoints new CEO
China’s stock market surged over six trading days around the recent National Day holiday, TCL Zhonghuan appointed Wang Yanjun as its news CEO, and Runergy started production at its new 2 GW solar module plant in Alabama, amid a looming patent lawsuit from Trina Solar.
Energy storage is a solved problem
There are thousands of extraordinarily good pumped hydro energy storage sites around the world with extraordinarily low capital cost. When coupled with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and rapid response. Storage is a solved problem.
Sinovoltaics tracks 78.8 GW solar module capacity in Southeast Asia
The latest supply chain map from Sinovoltaics tracks growth across Southeast Asia, with module capacity reaching 78.8 GW, and 58 production projects tracked.
Rooftop solar install rates dip below straight-line average in Australia
Australia’s rooftop solar installation rate has continued to cool for a second consecutive month with national market volumes in September down about 3% on August when 273 MW was installed.
Giga Storage’s battery project in Belgium expands to 2.8 GWh
Netherlands-based Giga Storage is advancing its massive Green Turtle battery energy storage project in Belgium, having increased its capacity and assembled the construction team
Engie reveals results of French vertical agrivoltaic demonstrator
The French energy company said its 100 kW agrivoltaic facility linked to cow farming in France’s Puy-de-Dôme region has not modified meadow functioning and animal behavior.
