Solar energy production decreased in all major European markets in third week of October
In the third week of October, European electricity market prices were stable, with an upward trend in most cases compared to the previous week. However, in the MIBEL market, prices fell due to high wind energy production, which reached an all time record in Portugal and the highest value so far in 2023 in Spain.
Tesla steps in as challenger to rooftop PV inverter duopoly
Enphase and SolarEdge dominate US sales of rooftop solar inverters, but Tesla could be set to change that.
Merchant PV growing in Spain, Germany
Some see merchant solar as risky, but investors are increasingly snapping up Europe-based merchant PV opportunities for “huge profits,” a researcher from the International Energy Agency Photovoltaic Power Systems Program tells pv magazine.
High interest rates, regulatory changes crushing US residential solar
Many US solar installers are filing for bankruptcy, with stocks falling by 15% to 30% based on weak guidance.
Germany installs 919 MW of solar in September
Germany’s Federal Network Agency (Bundesnetzagentur) says that 919 MW of new PV systems were installed in Germany in September.
Fischer Commercial presents air source heat pumps for residential applications
Fischer Commercial, a UK-based heat pump supplier, has unveiled new air source heat pumps for residential use. It is making them at its factory in Guadalajara, Spain. It claims that they offer a seasonal coefficient of performance (SCOP) of up to 4.85.
REC rolls out new 470 W rooftop solar panels
Singapore-based PV module manufacturer REC Group has launched in Australia a new series of rooftop solar panels with power ratings ranging from 450 W to 470 W and efficiencies of up to 22.6%.
PVT-driven geothermal heat pump system for greenhouses
South Korea’s Rural Development Administration has created an energy system for greenhouses that combines photovoltaic-thermal (PVT) panels with a ground-source heat pump. It is said to compensate, via the PVT panels, the typical shortcomings of geothermal energy and to be able to reduce heating and cooling costs in greenhouses by up to 78%.
LG debuts stackable home batteries ranging from 10.6 kWh to 17.7 kWh
LG Energy Solution will start selling its new enblock S batteries on the US market in November.
Austria slashes VAT on residential PV
Austria has reduced the value-added tax (VAT) on residential PV systems. The new measures apply to all new PV systems up to 35 kW in size, and it will go into force in January.
