Called DVP Solar, the newly created company has projects in Spain, France, Germany, Italy, Colombia and Peru, and manages 5 GW of photovoltaic plants in operation. It also has another 2 GW of projects in the initial development phase, and plans another 3 GW for the coming years.
According to a new study from LUT University, domestic water heating costs may be reduced by combining rooftop PV with geothermal heat pumps. Scientists developed a control method to minimize these costs by taking advantage of cheap spot market electricity and maximized PV power generation, as well as considering heat demand, PV generation forecasts, and heat pump efficiency.
India’s PV-powered irrigation mission has had a sluggish run, even though the PM-KUSUM scheme provides flexibility and budgetary support for system implementation. An IEEFA report highlights the need to address key challenges at state level to increase deployment.
The annual publication from PV Evolution Labs shares results from solar panel stress tests focused on specified and verified bills of materials.
Solar projects that support native grasses can sequester more carbon than farmland alone.
Moreover, Linyang Energy announced a plan to build a 10 GWh lithium-ion battery manufacturing facility in Qidong city, Jiangsu province. Chinese state-owned lender China Development Bank (CDB) has allocated RMB500 billion in special loans to support projects in the energy sector to help China reach its decarbonization targets
Market analyst Bernreuter Research reports that the price of the raw material rose by around 160% from US$11/kg at the beginning of the year to $28.50/kg currently. However, following the SNEC trade show in Shanghai last week, the price rose by only 1%, which suggests a turnaround or a price stabilization may be expected.
US expert in environmental and energy policy Alexis Pascaris spoke with pv magazine about opportunities and barriers associated with agrivoltaics. Agrivoltaics are a very practical and advantageous alternative to large-scale solar, specifically in places where there are land-use constraints or needs for rural economic development, she explains. Differences in costs related to ground-mounted solar can typically be attributed to the raised racking systems or additional fencing, but these upfront investments in specialized hardware are eventually recovered as agrivoltaic systems produce dual-revenue streams.
The project is expected to have a capacity of up to 50 MW and is set to be commissioned in 2023.
An Institute for Energy Economics and Financial Analysis (IEEFA) report says that the sale of power in the futures market will benefit renewable energy developers and distribution companies alike.
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