Private equity investor Actis has become a strategic partner in a 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake.
Singapore-based fund manager Clime Capital is investing up to $10 million in Upgrade Energy Philippines (UGEP). The money will go toward supporting commercial and industrial (C&I) and utility-scale solar deployment.
India’s Ministry of New and Renewable Energy (MNRE) has started accepting feedback on draft guidelines for the Approved List of Models and Manufacturers (ALMM) for solar cells. The MNRE plans to implement the guidelines from April 2026.
Scientists in China have designed a ventilated building-integrated photovoltaic system that relies on flexible solar modules with a weight of 6 kg/m2. The system also uses an airflow channel under the PV panels to reduce their operating temperature and increase their power yield.
The Australian federal government has approved a 600 MW/1,200 MWh solar farm and battery energy storage system in the state of New South Wales.
KiloWattSol, an independent solar consultancy, says there were 308 hours of negative electricity prices from the start of 2024 to Aug. 23 – more than double the 147 negative hours recorded in 2023.
Researchers in Austria have developed a new predictive control algorithm that can reportedly improve comfort levels in houses equipped with heat pumps. The algorithm also enables price predictions based on analysis of day-ahead electricity prices.
An international team of researchers demonstrated perovskite solar cells treated with a molecular passivator based on π-conjugated terpyridine Lewis-base molecules that achieved 25.24% power conversion efficiency, with 90% retained after 2,664 hours of light exposure. The treatment reportedly works at high concentrations without damaging the perovskite film or diminishing cell performance. A protocol was published to reproduce the results, opening the door to testing it on a range of perovskite absorbers.
La Croisière Verte is the name of a 13,500 km expedition from the north to south of Africa in a fleet of four Citroën AMI vehicles, each carrying 5,600 W of lightweight PV panels in foldable packs.
Chinese multinational Envision Energy has unveiled the world’s most energy dense, grid-scale battery energy storage system packed in a standard 20-foot container.
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