pv magazine USA speaks with Solar Insure’s Dean Chiaravallotti about how solar companies can adapt business models, innovate product offerings, and deploy strategic tools to remain competitive in a shifting US market.
Australia is tracking towards 75% electricity from solar and wind in 2030, which makes it a global energy transition pathfinder. Pathfinders are important because they learn to solve new problems and disprove misinformation and disinformation.
Recent studies forecast Australia is on the precipice of a rooftop solar and household battery boom, predicting record breaking installation numbers driven by falling battery and solar module prices, government rebates and cost-of-living pressures.
A European research team has assessed the levelized cost of hydrogen across 31 African countries and has concluded that importing green hydrogen from Africa to European is economically unfeasible by 2030, with prices ranging from $10.2/kg to $3.8/kg.
China announced new regulations this year that should result in a more market-oriented approach to renewables deployment. S&P Global Commodity Insights analysts Holly Hu and Anqi Shi say the new regulation No. 136 will play a crucial role in shaping China’s renewable energy sector, while introducing revenue uncertainties that will have a ripple effect on the global cleantech supply chain.
The Indian government has announced viability gap funding (VGF) of INR 54 billion ($631.5 million) to support 30 GWh of battery energy storage systems (BESS), allocating capacity among 15 states and the state-owned power producer NTPC. The scheme provides INR 1.8 million/MWh and requires projects to be commissioned within 18 months through competitive bidding.
An international research team has developed an index-based remote sensing method to see trends in the global development of water-based PV. It has found that China currently accounts for 80% of the global total deployed capacity.
US solar developers Soltage, Origis Energy, and rPlus Energies have secured more than $1 billion in financing across three major deals, signaling sustained investor confidence in utility-scale solar and storage despite US policy uncertainty. The transactions back more than 1.4 GW of solar and 1.8 GWh of battery capacity.
Australian battery tech startup Voltavate has secured AUD 850,000 ($535,000) in an oversubscribed pre-seed funding round led by global investment firm Artesian.
Grid companies LEW Verteilnetz and Bayernwerk have launched a pilot project to feed renewable energy into the electricity network in a more grid-friendly manner. One of the energy storage sites to be used in the project will come from Green Flexibility.
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