BlackRock increases stake in SolarEdge to 15.8%
US investment firm BlackRock says it has increased its ownership interest in Israel’s SolarEdge.
UK government preps new mechanism for long-duration electricity storage
Downing Street is inviting stakeholder feedback into a “cap and floor mechanism” of long duration electricity storage (LDES) systems, and the move has been “warmly welcomed” by one of the country’s renewable groups, the Association for Renewable Energy and Clean Technology (REA). The organization says the consultation signals the government’s intention for implementation.
Colombia introduces new provisions for energy communities
Colombia’s new decree includes requirements that energy communities must meet, such as rules on collective self-consumption and collective distributed generation.
UK government identifies energy efficiency barriers in heritage buildings
Onerous permits, a deficit of skilled workers, unclear information and expensive retrofitting costs are some of the difficulties that heritage-listed homeowners and building owners in the United Kingdom face when transitioning toward low-carbon heating and energy efficiency technologies, according to a recent government report.
Global solar irradiance ‘relatively stable’ in 2023, says Solargis
With global irradiance above average in Australia, Southeast Asia and Europe, and stable in the United States, solar data provider Solargis says stakeholders should focus on the stability of power grids, while navigating solar financing complexities in developing economies and supply chain capacities in 2024.
India adds 10 GW of new solar in 2023
India added about 6.5 GW of new utility-scale solar capacity in 2023. Capacity additions from rooftop installations hit 3 GW, according to JMK Research.
The effect of PV plants on albedo, vegetation, land temperature
Scientists have used remote sensing to analyze the effect solar farms have across 116 sites worldwide. They found that the cooling effect is higher during the daytime, with albedo decreasing by 0.016 for most facilities.
Smart Railway Technology presents inverters for PV-powered train traction
Smart Railway Technology’s new PV2Rail inverters are designed to feed directly into 16.7 Hertz (Hz) railway power grids.
JSW Energy to set up 1 GW pumped storage project in India
JSW Energy says it will expand its renewables footprint in the Indian state of Tamil Nadu with an investment of $1.44 billion, including 1 GW of pumped storage and 1 GW of wind power.
Australia’s rooftop PV additions hit 3.17 GW in 2023
A record 921 MW of PV was installed across Australian rooftops in the fourth quarter of 2023, taking new rooftop solar capacity to about 3.17 GW for all of last year.
