Indoor transition metal dichalcogenide solar cells may reach 36.5% efficiency
New research from Stanford University has investigated the performance limits of transition metal dichalcogenide solar cells for indoor energy harvesting intended for powering internet of things (IoT) devices and sensors. The analysis showed these cells may reach a power conversion efficiency of up to 36.5%.
EU approves Spain’s €700m energy storage subsidy plan
The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.
Chinese PV Industry Brief: Kelin Electric to raise funds for 1 GW perovskite project
Kelin Electric says it plans to raise up to CNY 1.46 billion ($201.8 million) through a private placement, with CNY 1.26 billion allocated for a 1 GW perovskite solar module project in Hangzhou, Zhejiang province.
Estonia’s Freen launches 10 kWh residential sodium-ion battery
The new home energy storage solution from Estonia’s Freen is based on sodium-ion battery chemistry and can be coupled with both rooftop PV and small wind turbines.
New way to improve accuracy of electricity price forecasts
Researchers at the European Commission’s Joint Research Centre (JRC) have developed a new filtering technique to improve electricity price forecasts by refining historical price data before applying predictive models.
Indian PV makers must brace for changing trade landscape
Indian PV exporters stand to gain from China’s restricted access to the US market, but mounting price competition from Chinese manufacturers and the risk of US tariffs on Indian goods could threaten their long-term growth, says Rubix Data Sciences in a new report.
Greece launches 4.7 GW utility-scale battery storage program
Following a brief consultation in late February, the Greek government has unveiled a new battery storage program targeting 4.7 GW of utility-scale, standalone projects which will be given a priority connection and operated on a merchant basis without subsidy support. The decision detailing the new program is the last policy made by the energy ministry before a cabinet reshuffle initiated last week.
BYD launches its first integrated home storage system
The Chinese manufacturer said its Battery-Box HVE is now being sold with either a single-phase hybrid inverter or a three-phase device. The system is available in two versions with capacities of 4.29 kWh and 6.45 kWh.
C&I solar grows 18% in the United States in 2024
Distributed solar fell 11% in 2024, dragged down by the residential segment, according to Ohm Analytics’s report on the fourth quarter of 2024. However, signs of recovery emerged with a strong fourth quarter and increasing installation volumes throughout the year.
Poland finalizes 5 GWh energy storage subsidy scheme
A total of PLN 4 billion ($1 billion) will be distributed under the subsidy scheme by the end of 2025 in a bid to bring online more than 5 GWh of energy storage projects by 2028.
