Maxeon challenges Nasdaq delisting threat, plans reverse stock split
Maxeon has challenged Nasdaq’s decision to potentially delist it from the Global Select Market and is now implementing a reverse stock split to raise its bid price above the required threshold. A hearing on the matter is pending.
Fraunhofer ISE developing propane heat pumps for multi-family homes
Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) is developing “easy-to-use and reproducible” propane heat pumps to replace fossil fuel systems in multi-family homes, while exploring modernization options for various residential building types.
Saudi Arabia launches 3 GW solar tender
Saudi Power Procurement Co. (SPPC) has announced a request for qualification (RFQ) for 3 GW of solar across four projects in the sixth round of Saudi Arabia’s renewable energy tender program.
Sharp unveils 610 W TOPCon solar panel with 22.58% efficiency
Sharp’s new IEC61215- and IEC61730-certified solar panels have an operating temperature coefficient of -0.29% per C and a bifaciality factor of over 80%.
Danish solar park gets go ahead after 25 companies sign PPA
A coalition of 25 Danish companies has signed a five-year power purchase agreement (PPA) to buy electricity from a new solar project in Denmark. The deal is with electricity supplier Reel Energy and developer Energicenter Nord.
PV-based molecular thermal energy storage system achieves 14.9% solar utilization efficiency
An international research term investigated the feasibility of converting solar energy into chemical energy with the design of a hybrid device featuring a solar energy storage and cooling layer integrated with a silicon-based solar cell. Under testing, the device recorded a record energy storage efficiency and decreased the cell’s surface temperature by approximately 8 C under standard solar irradiation conditions.
Jordan launches rebate scheme for residential PV
The Jordanian government says it will cover up to 30% of the cost of buying and installing residential PV systems through its new rebate scheme.
India’s NHPC tenders 2.4 GW of solar-plus-storage projects
NHPC Ltd. has launched a tender to select developers for 1.2 GW of grid-connected solar projects with energy storage systems (ESS). It also includes an option for up to 1.2 GW of additional PV capacity with ESS.
Offgrid hybrid PV-biogas system for residential applications
The system was conceived to respond to Lebanon’s energy crisis and help homeowners become independent from grid electricity. Biogas production is used when PV power generation is insufficient and machine learning techniques help the system predict solar energy production.
US solar industry standards for supply chain transparency
The Solar Energy Industries Association (SEIA) has submitted a draft industry standard to help companies comply with US Customs and Border Protection (CBP) traceability requirements for imports of solar components.
