JSW Energy to set up 1 GW pumped storage project in India
JSW Energy says it will expand its renewables footprint in the Indian state of Tamil Nadu with an investment of $1.44 billion, including 1 GW of pumped storage and 1 GW of wind power.
EU approves billions for German battery factory, French renewables industry
Northvolt is set to secure €902 million ($986 million) of state aid to build a battery gigafactory in northern Germany, while France has been allocated €2.9 billion to ramp up production of batteries, solar panels, wind turbines and heat pumps, according to a European Commission announcement.
Mitsubishi debuts residential air-to-water heat pumps
Mitsubishi’s monobloc Hydrolution EZY can reportedly produce domestic hot water up to 60 C when outdoor temperatures reach -25 C. It is available in two versions, with outputs of 10 kW and 14 kW.
Wind up, solar down for Europe in early 2024
According to data collected by AleaSoft Energy Forecasting, Europe enjoyed large wind production levels at the beginning of the year with France seeing its highest daily value of wind generation ever recorded. On the other hand, during the same period, solar production fell.
SAX Power unveils all-in-one battery inverter for home use
German manufacturer SAX Power says the capacity of its new all-in-one battery inverter solution ranges from 5.76 kWh to 17.28 kWh. It is suitable for new PV systems, as well as retrofit projects.
Canadian farm lobby presents renewable energy proposal
Rural land for renewable generation should be considered as a last resort, developers should restore environments post-project, and hosting “site objections” should be considered, the Ontario Federation of Agriculture (OFA) says in its submission regarding proposed renewable energy legal changes in the Canadian state of Ontario.
Tesla releases API for solar, Powerwall systems, EV chargers
Tesla has released an application programming interface (API) to enable third-party developers to interact with its home energy products.
German startup Suena secures cash for its battery energy trading technolgy business
The Hamburg-based battery energy trading software and services company has raised €3 million ($3.27 million) seed funding to expand its software-driven trading services across Europe. The capital will be used to introduce its software, dubbed Autopilot, and its trading services to new European markets.
EV battery prices fell by 50% at end of 2023, says TrendForce
Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.
Wind, solar production falls at 2023 end, but demand expected at 2024 beginning
According to data collected by AleaSoft Energy Forecasting, wind and solar energy production in Italy and the Iberian Peninsula fell in the last week of 2023 contributing to price rises, but in the new year electricity demand is expected to increase in all analyzed markets.
