Italy, Spain, Portugal break daily solar generation records
Italy, Spain and Portugal recorded their highest-ever daily PV production rates during the week of May 20, while prices also rose across all major European electricity markets, according to AleaSoft Energy Forecasting.
RWE approves first 8-hour big battery in Australia
Germany’s RWE has signed key contracts for the Limondale eight-hour battery storage project, which is now under development in Australia.
Maxvolt secures $1.5 million for lithium battery plans in India
Maxvolt Energy Industries has raised $1.5 million from angel investors to accelerate its lithium-ion battery R&D efforts, enhance production capacity, and expand market reach.
US states accept grid modernization challenge
Twenty-one US states have accepted the grid modernization challenge as part of the Federal-State Modern Grid Deployment initiative, which aims to shore up the US energy grid for future challenges and opportunities in the power sector.
Itochu, Google enter into long-term power agreement in Japan
The power purchase agreement will see Clean Energy Connect Co Ltd, an Itochu portfolio company, develop around 72 MW of dedicated solar plants for Google by 2026, to help reach the search engine company’s renewable energy targets.
The rise of Pakistan’s C&I solar business
High energy prices and levies are becoming strong drivers for commercial and industrial (C&I) solar projects in Pakistan. Omar Malik, the CEO of Pakistani C&I solar developer Shams Power, speaks with pv magazine about market trends and challenges.
Brazil’s new PV additions hit 6 GW in January-April period
Brazil added 6 GW of new PV capacity between January and April. ABSolar, the Brazilian PV association, says the country has now cumulatively deployed 43 GW of solar capacity, with around 24 GW from PV systems below 75 kW in size.
Italy deploys 1.72 GW of new PV systems in Q1
Italy installed 1.72 GW of new solar capacity in the first quarter, bringing its cumulative installed PV capacity to 32.0 GW by the end of March, according to Italia Solare, the nation’s solar energy association.
Solarwatt shuts down battery factory in Germany
Solarwatt says it will shut down its battery factory in Germany. Battery production at the Dresden facility will halt at the end of this year, and the company will move all battery and solar panel production to China.
India’s PV module exports hit $1.9 billion in fiscal 2023-24
India’s solar module exports hit $1.9 billion in fiscal 2023-24, with shipments to the US market accounting for the lion’s share of the total.
