Renewable Energy

Soleolico says its new hybrid system uses ultra-light solar panels from Spanish manufacturer Izpitek and wind turbines that follow the wind through a magnetic system. The system is also able to absorb CO2.

The Irish Solar Energy Association and AirPV have developed an online tool to calculate rooftop solar potential, enabling homeowners and businesses to estimate payback times, annual savings, and emission reductions.

W Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar, plans to develop 500 MW of clean energy projects in Tajikistan, including floating PV installations.

Sri Lanka’s Ministry of Power and Energy is now welcoming expressions of interest for the development of ground-mounted or floating solar PV projects – ranging from 1 MW to 5 MW – at three substations in the country. Selected developers will secure a 20-year power purchase agreement.

India needs to expand its PV capacity to achieve its 2027 energy target of 186 GW. As of March 31, 2023, the country had already installed 66.7 GW of solar, including an additional 12.9 GW added during the 2023 fiscal year.

US-based Maxar Technologies used satellite imagery imagery with resolution of 31 cm to 15.5 cm to identify rooftop PV systems in southern Germany. The company claims its new approach was able to identify 97.8% of the solar arrays with high confidence.

The first tender under the European Union’s new €40 million ($41.8 million) multilateral solar scheme – targeting 5 MW to 100 MW projects based in Finland and providing energy to Luxembourg – has been ‘oversubscribed’ with bids ‘significantly exceeding target volumes’, the European Commission’s Directorate-General for Energy recently announced.

In the last week of September, European electricity market prices rose from the previous week. For a majority of prices the weekly average was above €100/MWh and, in several markets, some hourly prices were above €200/MWh. The rise in gas prices, the decrease in wind energy production and higher demand favored this behavior. Brent futures continued to rise, reaching their highest level since November 2022 on September 27.

A research team in Spain has developed a PV system layout for super-intensive olive groves. The scientists said the system must ensure high levels of transparency in order to avoid a negative impact on the olive yield.

Japan’s largest oil refiner, Eneos, and Tokyo-based trading firm Sojitz have jointly opened the 204 MW Edenvale Solar Park in Queensland, Australia.