Brite Energy Partners, LG Innotek sign 84.7 MW deal in South Korea
LG Innotek will secure electricity and supply renewable energy certificates (REC) under a 20-year fixed-price agreement, procuring 100 GWh of renewable energy per year.
Meyer Burger reports $330 million loss for fiscal 2023
Switzerland-based Meyer Burger had a PV module inventory of 365 MW at the end of 2023. The closure of its panel factory in Freiberg, Germany, will only be reversed if there are very strong political signals, said CEO Gunter Erfurt.
BlackRock acquires solar, storage assets from Excelsior Energy Capital
BlackRock has acquired a portfolio of 38 operational solar and battery storage projects from Excelsior Energy Capital, marking Excelsior’s first exit of its inaugural fund. The projects collectively have a total capacity of 89 MW (DC).
After-sale support key to boosting off-grid solar
A new survey from US-based impact measurement company 60 Decibels shows off-grid energy customers are currently facing a series of challenges such as product affordability, gender inequality, customer support, further investment in minigrids, and over-indebtedness. The report, however, reveals that most users say the quality of their lives “very much improved” thanks to off-grid PV.
Solarever presents 410 W all-black solar panel
Mexican manufacturer Solarever says its new passivated emitter and rear cell (PERC) PV module has an efficiency of 20.97% and a temperature coefficient of -0.35% per degree Celsius.
U.S. scientists build hybrid energy system integrating PV, radiative cooling
The hybrid system has a cooling power of 63.8 W/m2 and a photovoltaic power output of 159.9 W/m2. According to its creators, the cooling capacity provided by the system can be used in buildings or refrigerators.
Tandem perovskite-perovskite solar cell integrating kesterite shows potential efficiency of 23.32%
The simulated tandem cell integrates a hole transport layer made of kesterite and lead-free perovskite materials. Its creators claim the combined device performs better than the individual cells it embeds.
Colombia’s large-scale PV capacity additions hit 207 MW in 2023
Colombia’s cumulative installed utility-scale PV capacity hit 486 MW at the end of December 2023, on 207 MW of new installations for the full year.
India’s NTPC allocates 1.5 GW of wind-solar hybrid projects at $0.040/kWh
Axis Energy, Juniper Green Energy, ReNew, and Acme have emerged as winners in NTPC’s auction for 1.5 GW of wind-solar hybrid projects connected to India’s interstate transmission system (ISTS). The average price was INR 3.30 ($0.040)/kWh.
US startup develops air-source steam heat pump for industrial use
Colorado-based AtmosZero has closed a Series A funding round that will help it accelerate the commercialization of its Boiler 2.0 technology. The air-sourced heat pump generates steam for industrial use and can be combined with PV generation and storage.
