Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the crisis threatening Adani Group with collapse, the “positive outlook” for Australian renewables, and the nation’s potential to become a clean energy superpower.
Solyx Energy has developed a device to maximize solar self-consumption in residential homes. The sensor measures how much solar power can be fed back into the grid at different times, while a controller redirects that excess energy into an electric water heater.
Australian modular solar manufacturer 5B’s rapidly deployable Maverick technology is set for installation at a 95 MW hybrid power plant in Western Australia featuring solar, wind, and battery energy storage.
Gambia National Water and Electric Co. (Nawec) says the World Bank and the European Investment Bank (EIB) have agreed to finance a 23 MW solar plant in the African nation.
Wood Mackenzie estimates that the US microgrid market has seen a 47% increase in solar and storage capacity in 2022 compared to 2017 levels, driven by rising demand for uninterrupted services, military resilience plans, and corporate environmental, social, and corporate governance (ESG) goals.
German startup Solarnative has invested €1 million ($ 1.07 million) in a surface-mount technology production line for its new microinverter plant in Germany. It says it plans to ramp up microinverter production from May.
The US solar market is set to add 29.1 GW of new utility-scale PV and 9.4 GW of storage in 2023, according to the US Energy Information Administration (EIA). If that new capacity goes online as planned, 2023 will have the most new utility-scale PV capacity added in a single year.
Axian has secured MGA 47.1 billion ($10.9 million) to finance a 40 MW solar plant and a 5 MWh storage facility in Madagascar. The installation is the island state’s largest solar park.
Malaysian researchers have developed a system that can absorb heat from PV modules and transmit it to a nanofluid, in order to transform it into thermal energy and use it for different applications. The panels have an overall efficiency of 89%.
Brazilian and US researchers have evaluated the water evaporation rate of a floating PV system on a Brazilian reservoir. They said that the 130 kW installation reduced evaporation by 60%, and claimed that a 5 MW system could save enough water for 196 people per year.
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