Poland has relaunched its Energy for Rural Areas program, offering loans covering up to 100% of solar installation costs in rural areas. The second funding round has a budget of PLN 1 billion ($242.6 million).
Poland’s Institute for Renewable Energy says the country’s combined solar capacity nearly reached 20.7 GW by the end of November 2024, putting it on track to hit 21 GW by year-end. The institute’s analysis indicates utility-scale projects are driving Poland’s solar expansion and will continue to do so.
Algeria, Austria, Germany, Italy, and Tunisia have agreed to develop the Southern Hydrogen Corridor linking North Africa and Europe, while Sungrow Hydrogen has signed a deal to supply electrolysis gear for ACME’s 320 MW green ammonia project in Oman.
Scientists have proposed a building-integrated PV system that integrates airflow to cool the panels and control room temperature. The system, which also acts as a shading device, can reportedly mitigate drops in power generation efficiency without additional energy consumption.
India’s PM Surya Ghar Muft Bijli Yojana initiative (PM-SGMBY) could create a INR 1.2 trillion ($13.9 billion) opportunity for PV module, inverter, and component manufacturers, benefiting project developers and engineering, procurement, and construction (EPC) contractors, according to SBICAPS.
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
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