Technology

Swedish scientists have created a contract to help renewable energy producers and retailers to pay high imbalance costs. The new framework could boost clean energy profits by up to 4.8% and retail profits by more than 7%, claim the researchers.

Spanish researchers have studied the potential of rooftop PV in microbreweries and have found that solar could cut the cost of heating and refrigeration by nearly 30%. They say that coupling PV with small breweries could result in payback times ranging from 4.3 to 6.6 years.

India will use its internal market to scale up hydrogen projects, with Germany as a possible export destination. As part of a broader strategy, the countries will collaborate on a financial and technological level on energy transition projects.

FuturaSun is betting on a vertical integration strategy with the launch of a 10 GW solar cell factory in Huai’an, China. It aims to start production in spring 2024.

A Chinese research group has combined compressed CO2 with combined heating and power (CHP) units for renewable energy storage. The system has achieved a total energy efficiency of 35.96% and an energy storage density of 1.54 kWh/m3.

First Solar has agreed to pay $38 million to buy Swedish manufacturing startup Evolar AB, as it seeks to expand development of high-efficiency tandem PV tech.

Powered by installation robots, on-site assembly line and digital twin software, the Terabase automated power plant construction system aims to boost productivity and cut construction costs.

University of Surrey researchers say that by 2035, the levelized cost of energy (LCOE) for small projects and utility-scale PV systems could decrease to GBP 149 ($187)/MWh and GBP 51/MWh, respectively.

The Indian state of Uttar Pradesh led yearly electric vehicle sales with a 15.15% share of the cumulative 1.2 million units sold in fiscal 2022-23. It was followed by Maharashtra with a 12.72% share and Karnataka at 9.14%.

Kaneka’s two-terminal tandem perovskite solar cell has achieved the highest efficiency ever recorded for such a device based on an industrial Czochralski (CZ) silicon wafer. It has an open-circuit voltage of 1.929 V, a short-circuit current density of 19.5 mA cm−2, and a fill factor of 77.55%.