Skip to content

Markets

Bill aims to cut 45X tax credits for Chinese solar makers in the U.S.

While the lucrative tax credits has attracted clean energy manufacturers from around the world to build factories in the U.S., the fact that many of the new manufacturing facilities are from Chinese companies has created a controversy that this new bill aims to solve.

1

Portugal allocates funding for 500 MW of energy storage

The Portuguese Ministry of Energy has allocated €99.75 million ($107.6 million) for grid flexibility and energy storage projects which should be installed by the end of 2025.

New tool to estimate cities’ rooftop PV potential considers roof superstructures

Called SolarNet+, the novel framework is claimed to calculate cities’ PV potential not only by finding the orientation of roofs in areal imagery but also by identifying superstructures such as windows or chimneys. It was tested using areal photographs from Munich and Brussels and proved superior to reference frameworks.

1

Over 667 net metering consumers received solar rebates in Malaysia

Figures from Malaysia’s Ministry of Energy Transition and Water Transformation state at least 667 net metering consumers have benefitted from the country’s solar rebate programme since its inception in April. The majority have received the maximum MYR 4,000 ($875.61) available.

Ecop Technologies launches 700 kW industrial heat pump with output temperatures of up to 200 C

The Austrian manufacturer said its new heat pump is an ideal solution for industrial and district heating market segments. The system features an advanced rotor system, exploiting diffusion bonding technology, which reportedly enables higher temperature lifts, and greater manufacturability due to fewer components.

1

EP Produzione secures 170 MW battery storage in Italian capacity market auction

Italy’s latest capacity market auction has catalyzed 233 MW of new capacity with the lion’s share of projects secured by EP Produzione across two battery storage developments.

World’s largest vertical rooftop PV system deployed on Norway’s national football stadium

Norwegian vertical PV system provider Over Easy Solar deployed a 248.4 kW installation on Norway’s national football stadium. The system features over 1,200 vertical photovoltaic panels developed by Over Easy Solar itself.

2

Solar, wind capacity surpasses coal in China

Research consultancy Rystad Energy is predicting solar power will become China’s primary source of electricity by 2026, after the combined capacity of the country’s deployed solar and wind power overtook coal for the first time in June.

1

UK installs 647 MW of solar in H1

The UK government’s quarterly energy report finds solar leading the pack in new capacity terms. Meanwhile, provisional data to the end of June 2024 reveals the United Kingdom is on course to comfortably exceed 17 GW of recorded capacity during summer months.

1

IB Vogt secures PPA for 50 MW solar power plant in Bangladesh

The Bangladesh Power Development Board (BPDB) has agreed to buy electricity from the power plant at a price of $0.1094/kWh for a 20-year period.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close