Tackling merchant risk – A deep dive into Europe grid-scale energy storage contracted revenue
Current market conditions are propelling grid-scale project deployment in a more diversified European energy storage market. Anna Darmani, principal analyst – energy storage EMEA, at Wood Mackenzie, examines revenue streams in different parts of Europe and emerging routes to the market.
New UK government signals strong support for solar
Signs of a UK government that’s prepared to back solar have emerged within a fortnight of the Labour Party securing victory in the General Election. The government has already signed off on more than 1 GW of new solar capacity.
Czechia installs 484 MW of solar in H1
Czechia’s Solární Asociace says that the country installed 484 MW of solar in the first half of this year, nearly matching the 487 MW added in the same first six months of 2023. It notes that the residential PV market has cooled, but the corporate segment has grown.
Chinese researchers build heterojunction silicon solar cell with MXene-based hole transport layer
A research group including scientists from Chinese module maker Longi has developed an undoped monocrystalline heterojunction cell that uses the promising MXene compound for the hole transport layer. The experimental device achieved an efficiency of 12.2% and was able to retain around 86% of its initial efficiency after 105-day exposure in ambient environment.
Peru records 115.5 MW of new solar in H1
Peru’s Ministry of Energy and Mines (MINEM) says the country installed 115.5 MW of new solar capacity in the first half of 2024, bringing the nation’s total installed PV capacity to around 400 MW.
German authorities arrest Solar Fabrik CEO
The German police have arrested Christian L, the CEO of German solar manufacturer Solar Fabrik, in relation to an investigation by the Würzburg public prosecutor over alleged customs violations by PV wholesaler ESC Verwaltungs GmbH & Co.KG during the minimum import price period for Chinese solar modules.
Jupiter International secures $36 million to expand solar manufacturing
Jupiter International has obtained $36 million to expand its PV manufacturing operations, including the construction of a 1.8 GW solar cell facility, as well as a joint venture with AmpIn Energy for 1.2 GW of integrated solar cell and module capacity each.
ILB Group to acquire Malaysian solar business, assets
Malaysia’s ILB Group Bhd is acquiring Armani Sinar and its solar assets for MYR 98 million ($21 million) in cash. This deal will increase its PV capacity from 13 MW to 30 MW.
Solar module prices rising in Brazil
Despite global overcapacity, several factors may contribute to a slight increase in solar panel prices in Brazil, with shipping costs and quotas for fiscal exemptions on imported PV modules playing a key role.
Indonesian utility plans 500 MW solar project in Bangladesh
Indonesia’s Pertamina Power has revealed plans to build a 500 MW solar project in Bangladesh.
