AfDB identifies key priorities for minigrid deployment in Africa
An African Development Bank (AfDB) report covering critical takeaways from the ARE Energy Access Investment Forum 2023 says that challenges in financing, policy, technology, and skills enhancement must be overcome to support the deployment of distributed renewable energy minigrids across Africa.
TotalEnergies builds 12 MW solar carport at New York’s JFK Airport
French energy giant TotalEnergies has started building an onsite solar-plus-storage system at John F. Kennedy International Airport in New York City. It will provide energy to the Port Authority of New York and New Jersey and Con Edison, as well as community solar for area residents.
Huasun presents ‘zero busbar’ heterojunction solar modules with 23.8% efficiency
The Chinese manufacturer launched two new module series for utility scale applications. The new products feature a temperature coefficient of -0.24% per C and a bifaciality factor of over 85%.
Solarge plans 500 MW BIPV module factory
Dutch module manufacturer Solarge has raised €3 million venture capital from new and existing investors to expand its recently opened facility where it produces lightweight, low carbon, panels for commercial and industrial rooftops.
SunPower to close business units, cut about 26% of workforce
The US-based company announced plans to wind down its residential solar installation locations and close its direct sales unit.
Globeleq acquires stake in 25 MW Egyptian solar plant
London-based Globeleq has acquired a 48.3% stake in the 25 MW Winnergy solar plant in Egypt’s Benban Solar complex. It will now cooperate on the management of assets and the operation of the facility with Egyptian manufacturer GILA Altawakol Electric.
Electricity prices rising in most European markets
AleaSoft Energy Forecasting recorded electricity price increases in most major European markets during the third week of April. It says prices could continue to increase in the fourth week of April, due to rising electricity demand.
JinkoSolar posts $1 billion net profit for 2023
Chinese module manufacturer JinkoSolar has recorded roughly $16.4 billion of revenue and a $1.06 billion net profit for 2023, with PV module shipments reaching 78.52 GW. Its module manufacturing capacity hit 110 GW at the end of December.
DualSun launches foldable plug-and-play solar kits
France’s DualSun has developed foldable plug-and-play solar kits with a power range of 420 W to 1.68 kW.
The fastest energy change in history still underway
In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
