In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
In 2024, the US power grid’s electricity generation increased by more than 109 TWh through the end of July, marking 4.5% growth. This surge was led by a 52 TWh increase in methane generation, while solar power contributed an additional 36 TWh.
First Solar has opened a $1.1 billion, 3.5 GW solar manufacturing facility in Lawrence County, Alabama.
German inverter manufacturer SMA Solar Technology AG has launched a restructuring plan aiming to save up to €200 million ($223 million) for financial stabilization and market repositioning.
The Vietnamese government says it will start a new net-metering scheme for rooftop PV installations next week, limiting the sale of excess electricity to the grid to 20%.
Researchers in Spain have created a novel method to select within a set of water bodies those where the investment in floating PV could be most beneficial. They combined geographic information systems, multi-criteria analysis, and intelligent optimization. The new approach reportedly results up to 8.4% better LCOE compared to conventional methods.
A new report from the US Department of Energy’s (DoE) Lawrence Berkeley National Laboratory shows a major expansion of solar-plus-storage facilities in the US power plant market.
Everoze Partner Nithin Rajavelu considers the crucial importance of properly measuring and managing battery state-of-charge (SoC) for the efficiency, longevity, and safety of battery energy storage system (BESS) projects, especially in lithium ferro-phosphate (LFP) devices, which are widely used for large-scale storage.
Swiss consulting firm Pexapark says European developers signed 13 power purchase agreements (PPAs) totaling 460.4 MW in August, down 62% month on month in terms of capacity. It represents the lowest monthly PPA volume since August 2023.
AleaSoft Energy Forecasting says most major European markets recorded higher electricity prices last week due to lower solar and wind production and despite a drop in gas and CO2 prices.
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