Romania aims to roll out 5 GW of energy storage by end 2026
Romania is aiming to have at least 2.5 GW of energy storage installed by the end of next year and to exeed 5 GW only a year later.
China to conduct comprehensive safety overhaul of battery storage facilities
China’s regulators are reportedly considering a comprehensive fire safety inspection and upgrades of operating energy storage facilities. For older storage stations, enhancing fire safety measures will significantly increase non-technical costs, potentially up to CNY 0.2 per Wh ($0.028/Wh).
SunPower stock crashes 70%
The company’s share price fell below $1 as it announced it is halting some operations and ending its lease and power purchase agreement offerings, among other actions.
Chinese PV Industry Brief: ZNShine Solar plans Hong Kong listing
ZNShine Solar says it has applied to list H-shares on the Hong Kong Stock Exchange (HKEX). The company runs three factories in China with a total capacity of about 10 GW.
Germany’s balcony PV installations hit 200 MW in H1
Germany’s Federal Network Agency (Bundesnetzagentur) says 220,000 balcony PV systems were installed in the country in the first half of the year, reaching 200 MW.
More than half of California solar customers to include battery storage
Falling battery costs, shifting regulations and interest in energy independence are driving increased battery attachment rates on residential solar projects in California.
Empowering female entrepreneurs is essential for attracting more women to executive positions
This week, Women in Solar Europe (WiSEu) gives voice to Camille Zimmermann, Investment Director at France-based equity firm Omnes. She says that, when there are women at the helm of companies, it seems there is no problem in finding other talented women to join the ranks of their organizations.
First Solar probes potential infringement of TOPCon patents
First Solar says it is evaluating potential infringement of its patents for its tunnel oxide passivated contact (TOPCon) tech, secured through the acquisition of TetraSun in 2013. The US thin-film solar module manufacturer has not named the companies involved or given a timeline for the investigation.
BlackRock’s climate infrastructure unit increases stake in Brite Energy Partners
BlackRock’s climate infrastructure business has increased its stake in Brite Energy Partners. The KRW 100 billion ($72 million) investment will help to scale the South Korean independent power producer’s solar portfolio and expand its energy storage and EV charging operations.
Citicore, San Miguel unit collaborate on 153 MW solar project
Philippine renewables developer Citicore Renewable Energy Corp. and San Miguel Global Light and Power Corp., a unit of San Miguel Global Power Holdings Corp., will jointly develop a 153.5 MW solar plant in the Philippines.
