Creative thinking for vertical east-west bifacial PV projects
A Finnish-Norwegian research group has assessed the global potential of vertical east-west bifacial PV (VBPV) projects and found that these installations may provide a low LCOE at Nordic latitudes, in Central Europe and subtropical desert areas. The researchers also found that residential and commercial VBPV systems are a grid-friendly solution for low-voltage networks when compared to monofacial arrays.
Vikram Solar files for IPO to raise funds for 2GW integrated solar fab
The Kolkata-headquartered solar manufacturer has filed draft papers with SEBI for its initial public offering (IPO), which comprises a fresh issue of up to INR 1,500 crore and an offer for sale (OFS) of up to five million equity shares by the existing shareholders.
Sola Group secures PPA for 200MW of solar capacity in South Africa
The planned solar capacity should be fully operational by the fourth quarter of 2023. Titanium products provider Tronoxhe will purchase the electricity.
Belgium extends VAT reduction for residential PV, heat pumps
Belgium’s federal government has decided to reduce to 6% the VAT on PV systems and heat pumps deployed on buildings erected over the past ten years. This measure was previously applied only to projects developed on buildings that were more than ten years old.
Pumped hydro as ‘ultimate’ storage solution for Australia’s energy transition
Pumped hydro energy storage is ideally positioned to support reliability and reduce volatility in the energy market as Australia shifts from fossil fuels towards renewable power with former prime minister Malcolm Turnbull labeling the technology the “ultimate long-duration storage” solution.
Hanwha commits to US manufacturing across the supply chain
Hanwha Solutions becomes the largest shareholder of REC Silicon and, pending passage of SEMA, commits to a multi-phase, multi-billion-dollar expansion across the full solar energy supply chain.
1Komma5°, Enphase plan European virtual power plant relying on solar, storage, heat pumps and EV recharging
Through a strategic partnership, the two companies want to equip 1.5 million buildings in Europe with photovoltaics, storage systems, recharging solutions for electric vehicles, and heat pumps by 2030.
JinkoSolar shipped 25.2GW of PV products in 2021
The Chinese module manufacturer saw its sales and turnover increase significantly in the past financial year. The company said it is benefiting from increasing demand for n-type products worldwide, and also for distributed generation systems, with which higher returns can be achieved.
Gautam Solar unveils 566W bifacial solar module
The G-2X Mono series solar modules boast a reported front and back power conversion efficiency of up to 25.72%.
New solar carport solution from France
The PowerPark carport is equipped with 5.6kW of monocrystalline modules and one or more WallBox charging stations for hybrid or electric vehicles. French company Aterno is selling the system, starting from €19,900 – excluding VAT – depending on the project configuration.
