Enact Systems expands PV installer, buyer platform
The US-based platform for buyers and installers of solar and energy storage projects has added several new productivity features, as well as German and Spanish language support. It also has some additional third-party application program interface (API) integrations.
Chinese PV Industry Brief: Risen, Sungrow, Arctech reveal H1 results
Module maker Risen Solar has posted a net loss of CNY 963 million ($135.2 million) for the first half of 2024, while Sungrow and Archtech have recorded profit increases.
GCL breaks ground on 2.4 GW pumped storage plant in China
With a total investment of around CNY12.5 billion ($1.76 billion), the project located in Jiande City, Zhejiang Province, is expected to commence power generation before 2030.
Namibian utility secures financing for 100 MW of solar
Namibia Power Corp. (NamPower) has secured a loan from German state-owned development bank KfW to expand the planned Rosh Pinah project in Namibia from 70 MW to 100 MW. The NAD 1.3 billion ($72.6 million) loan will cover 80% of the solar project’s costs.
Romania launches 1.5 GW renewables auction
The Romanian authorities plan to allocate 1 GW of wind capacity and 500 MW of solar through the country’s first procurement exercise. The Romanian Ministry of Energy has set a maximum strike price of €91 ($100.7)/MWh for solar projects and €93/MWh for wind projects.
Ireland allocates almost 960 MW of solar in fourth renewables auction
This year’s auction saw the Irish government provisionally allocate 959.85 MW of solar across 23 projects. The final average price for PV was €0.10476 ($0.12)/kWh.
Algeria’s PV capacity tops 436.8 MW
Solar power is the leading source of renewable electricity in Algeria, with a total capacity of 436.8 MW. About 388.95 MW (82.4%) is grid-connected, and 47.85 MW (10.1%) is off-grid. Recent large-scale tenders aim to push the country’s capacity beyond 4 GW soon.
Tata Power begins solar cell production at 4.3 GW plant in India
Tata Power’s TP Solar subsidiary has started commercial production of solar cells with an initial capacity of 2 GW at its 4.3 GW integrated PV cell and module plant in the Indian state of Tamil Nadu.
Ice-source heat pump system for residential applications
UK scientists designed a new heat pump concept that they claim could be particularly beneficial to newly developed areas or potential residential complexes. The system uses ice or ice slurry as the heat source and its energy consumption is reportedly lower than that of several types commercially available heat pumps.
Australian redox flow battery manufacturer ramps up capacity
Allegro Energy, an Australian redox flow battery developer, aims to “rapidly accelerate” its manufacturing capacity after closing a AUD 17.5 million ($11.6 million) funding round that attracted major domestic and international investors.
