Module prices revert to descending trajectory after a brief rally
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
AES switches on 180 MW PV plant linked to 112 MWh of storage in Chile
AES Corp. has switched on a 180 MW solar plant connected to 112 MWh of storage in Chile. The project in the Atacama Desert is Latin America’s largest solar plant to be linked to battery storage.
Greece’s PV fleet keeps power system running during heatwave
Greece is experiencing consecutive heatwaves and a number of forest fires this month that have increased demand for electricity. The country’s solar photovoltaic fleet is keeping the power system running at peak times.
LG launches residential hybrid inverters for European market
South Korea’s LG Energy Solution says its new hybrid inverters are suitable for high-voltage and low-voltage configurations.
PPA prices fell 11% in Europe in May, says Pexapark
Pexapark says that prices for power purchase agreements (PPA) fell 11% in Europe in May. Germany and Spain were the largest markets for PPAs, with deals totaling 245 MW and 317 MW, respectively.
RENA announces 1.8 GW sale for new TOPCon equipment
German company RENA Technologies has announced the first sales of a new tool for silicon cell manufacturing. The tool is used for etching/removal of unwanted material on one side of a solar cell, and will be integrated into the gigawatt-scale production of an unnamed manufacturer in South Asia working with TOPCon technology.
UK developer buys Bulgaria’s largest PV project
Rezolv Energy, a UK developer, has bought Bulgaria’s largest PV project. The company plans to start building the 227 MW PV facility by the end of this year. It will sell power to unspecified clients under power purchase agreements.
Marubeni, Hamada enter solar panel recycling business
Japan’s Marubeni and Hamada have launched Rexia Corporation to offer solar panel recycling and reuse services across the country, diverting material from landfill and giving a second life to older panels.
Going beyond renewable/non-renewable dichotomy
Scientists in India have proposed a new classification of energy sources that is intended for the adoption and definition of emerging technologies, which they said conventional taxonomies fail to achieve.
Industrial renewable heating system based on 780 kW heat pump
Israeli developer Tigi Solar is deploying an industrial heat pump to support the heating system at the facility of a food industry enterprise in Israel. The heat pump has an output of 780 kW and a coefficient of performance (COP) of 4.6. It uses existing ammonia chiller waste heat as the heat source and can reportedly provide a hot water temperature of 65 C.
