Markets

Swedish solar developer Alight has obtained a grid connection for its 100 MW solar project in Eurajoki, western Finland. Construction is expected to start later this year.

Scientists in the UK developed a controller for B2B trading platform that considers thermal and visual comfort. Their modeling shows that participating in local energy trading increases the robustness of the control systems in residential microgrids in face of uncertainty in the occupant comfort level.

Princeton NuEnergy (PNE) has secured $30 million of funds for lithium battery recycling. The low-temperature plasma-assisted separation (LPAS) process, developed at Princeton University, produces battery-grade cathode and anode materials for direct use in cell manufacturing.

Fraunhofer ISE researchers are applying deep learning and digital twin modelling tools to optimize PV tracker control systems for use in farming and biodiversity projects. The goal is to be able to automatically position the modules throughout the day to meet the needs of the plants growing below, in light of the microclimatic conditions, and the need to optimize yield.

A recent law voted by Greece’s Parliament has closed the net metering scheme to the vast majority of electricity users. The government aims to replace it with a net billing scheme, which the photovoltaic sector has been waiting for more than a year.

An email informed the employees of U.S. residential installer Titan Solar that the company had ended operations.

Billed as the largest operating battery energy storage system in Bulgaria to date, the 25 MW/55 MWh facility, developed by Austria’s Renalfa IPP, came online at the start of the month.

According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development.

Akcome says it could be delisted from the Shenzhen Stock Exchange, as the value of its shares have fallen below CNY 1 ($0.14) for 20 consecutive trading days. In early June, the manufacturer announced a temporary halt in operations for its subsidiaries in China’s Jiangxi and Zhejiang provinces.

The partnership between the two energy tech giants will see Octopus install solar powered home battery Tesla Powerwall and Tesla customers utilize Octopus’ range of smart tariffs.