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LCOE of grid-scale solar expected to drop 2% globally in 2025

A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.

Israel introduces tool to calculate rooftop solar potential

Israel’s Ministry of Energy and Infrastructure, in collaboration with the Israel Mapping Center, has launched a tool that calculates the potential and expected income from rooftop solar installations on residential, industrial, and public buildings.

Germany’s Tesvolt begins energy trading from pooled commercial batteries

Tesvolt Energy will collaborate with algorithm traders Enspired, Entrix, and The Mobility House to trade pooled 100 kWh-plus battery units for energy optimization.

Sharp to withdraw solar business from European market

Sharp says that its Sharp Energy Solutions Europe (SESE) unit will halt business operations on March 31 due to challenging conditions in the European solar market.

Bangladesh proposes import duty, VAT exemptions for solar products

Bangladesh’s government has proposed exempting import duties and value-added tax (VAT) on renewable energy components under its draft Renewable Energy Policy 2025, now open for public consultation. If approved, the provisions will take effect upon publication in the official gazette.

What’s cooking in PV?

Scientists have conducted an analysis of 20 years of academic publications about PV-powered electric cooking and have found interest in the field peaked in 2021-2022 in both developing and developed countries. They have also outlined some potential future developments.

Chile deploys 2.14 GW of solar in 2024

Chile installed 2.14 GW of new solar in 2024, bringing its total installed PV capacity to 10.5 GW by year-end, according to the National Energy Commission (CNE).

Fuzzy reconfiguration scheme to reduce power losses in PV systems under fault conditions

Scientists in Pakistan have developed a fuzzy reconfiguration method that can reportedly mitigate power losses due to shading and hotspot faults by up to 23.5% compared to conventional techniques. The proposed scheme is said to be suitable for both square and rectangular PV arrays of different sizes.

Jordan opens tender for solar at water facilities

Jordan’s Water Authority has kicked off a tender for solar plants at water facilities to improve energy efficiency in the sector. Contractors must request pre-qualification questionnaires by email by Feb. 20, 2025.

Mexico aims to deploy 4.67 GW of large-scale PV by 2030

Mexican President Claudia Sheinbaum has unveiled a $23.4 billion plan to expand the national electricity system, targeting 13.02 GW of new capacity by 2030, including 4.67 GW of large-scale solar.

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