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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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