Storage, hydrogen, and demand flexibility key to avoiding negative prices
Antonio Delgado Rigal, CEO of Spain’s AleaSoft Energy Forecasting, speaks with pv magazine about the rise in negative price hours in major European energy markets. He emphasizes the need for more storage capacity and argues that negative price periods will probably not threaten project profitability over the long term.
Brazilians ready to embrace storage amid rising energy bills, falling battery prices
The conditions are in place for the country’s battery energy storage market to expand at a compound annual growth rate (CAGR) of 20% to 30%, as Holu Solar’s Sophia Costa explained.
Canada considers surtax on solar products, batteries from China
The Canadian government has launched a 30-day consultation to determine whether to impose a surtax on solar products, semiconductors, batteries, and battery parts from China. It recently slapped a 100% surtax on Chinese-made electric vehicles.
Tigo Energy files patent infringement lawsuit against Chinese company
A unit of US-based Tigo Energy has filed a patent violation lawsuit against Zhejiang Benyi New Energy in the Shanghai Intellectual Property Court, alleging infringement of its rapid shutdown technology.
India’s solar pump market set to expand
Gopal Kabra, the founder and CEO of GK Energy, speaks to pv magazine about India’s solar pump market, its key drivers, and future outlook.
Botswana launches tender for feasibility study on floating solar at dams
Botswana’s Water Utilities Corp. (WUC) is seeking a company to conduct an assessment and technical feasibility study for the implementation of floating solar projects at dams throughout the country. The deadline for submissions is Oct. 3.
Enact Systems expands PV installer, buyer platform
The US-based platform for buyers and installers of solar and energy storage projects has added several new productivity features, as well as German and Spanish language support. It also has some additional third-party application program interface (API) integrations.
Chinese PV Industry Brief: Risen, Sungrow, Arctech reveal H1 results
Module maker Risen Solar has posted a net loss of CNY 963 million ($135.2 million) for the first half of 2024, while Sungrow and Archtech have recorded profit increases.
GCL breaks ground on 2.4 GW pumped storage plant in China
With a total investment of around CNY12.5 billion ($1.76 billion), the project located in Jiande City, Zhejiang Province, is expected to commence power generation before 2030.
Namibian utility secures financing for 100 MW of solar
Namibia Power Corp. (NamPower) has secured a loan from German state-owned development bank KfW to expand the planned Rosh Pinah project in Namibia from 70 MW to 100 MW. The NAD 1.3 billion ($72.6 million) loan will cover 80% of the solar project’s costs.
