SmartHelio launches AI solar forecasting tool with 98.5% accuracy
SmartHelio has developed an AI solar forecasting tool with 98.5% accuracy, using socioeconomic details and climate data for predictive analytics.
The Hydrogen Stream: Hamburg to install 100 MW electrolyzer system
The Hamburg Green Hydrogen Hub has tapped Siemens Energy to provide and install six electrolyzers for a 100 MW system, with construction set to begin next year and commercial operation expected by 2027.
Chinese PV Industry Brief: Risen, Sungrow, Arctech reveal H1 results
Module maker Risen Solar has posted a net loss of CNY 963 million ($135.2 million) for the first half of 2024, while Sungrow and Archtech have recorded profit increases.
GCL breaks ground on 2.4 GW pumped storage plant in China
With a total investment of around CNY12.5 billion ($1.76 billion), the project located in Jiande City, Zhejiang Province, is expected to commence power generation before 2030.
Tata Power begins solar cell production at 4.3 GW plant in India
Tata Power’s TP Solar subsidiary has started commercial production of solar cells with an initial capacity of 2 GW at its 4.3 GW integrated PV cell and module plant in the Indian state of Tamil Nadu.
Japanese scientists build heterojunction solar cell based on titanium dioxide, selenium
Scientists in Japan developed a 4.49%-efficient solar cell based on titanium dioxide and selenium. The devices is based on a new approach aimed at reducing interfacial recombination and increasing open-circuit voltage and efficiency.
Midea presents 4.5 kW residential heat pump
The Chinese manufacturer said its new propane heat pump doesn’t need an outdoor unit and is able to operate with temperatures down to -20 C.
Actis invests in 3.5 GW/4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake.
Clime Capital invests $10 million in PV developer in Philippines
Singapore-based fund manager Clime Capital is investing up to $10 million in Upgrade Energy Philippines (UGEP). The money will go toward supporting commercial and industrial (C&I) and utility-scale solar deployment.
India proposes ALMM mandate for solar cells from April
India’s Ministry of New and Renewable Energy (MNRE) has started accepting feedback on draft guidelines for the Approved List of Models and Manufacturers (ALMM) for solar cells. The MNRE plans to implement the guidelines from April 2026.
