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.
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.
Solar Philippines says it has broken ground on what it touted to be the world’s largest solar array – a 4 GW solar park spread across 3,500 hectares of land in the northern part of the country.
Ireland’s Department of Education says that just over 900 schools out of 1,600 eligible facilities have signed up to participate in the government’s first round of the Solar for Schools Programme, a nationally funded scheme to cover the costs of 6 kW roof-mounted solar installations.
Third-party tests of GDI’s 100% silicon anodes show that they offer more than 30% energy density than graphite anodes, allowing for 15-minute rapid charging up to 80% state of charge (SOC) for hundreds of times back to back.
Almost 2 GW of solar was tendered in the latest UK Department for Energy Security and Net Zero auction, while almost 500 MW was recently awarded in the latest auction round spearheaded by Irish power transmission operator EirGrid. But these gains come with five challenges, according to analysts from New Zealand-based consultancy firm PSC.
Brazilian conglomerate Intelbras says its new storage solution consists of one or more batteries that can be connected in parallel, with up to 10 units. It reportedly has a useful lifespan of more than eight years.
Newton Energy Solutions claims its new thermal storage system is ideal for houses equipped with solar panels and either heat pumps or gas boilers. The battery has an energy storage capacity of 20 kWh to 29 kWh.
The European Commission’s decision to deliver its hotly anticipated Heat Pump Action Plan late next year instead of this month is a “mistake” that will impact the sector and €7 billion ($7.6 billion) worth of investments, the European Heap Pump Association’s (EHPA) secretary general Thomas Nowak says in a statement.
Three-month solar panel permit wait times, rooftop installations and projects under 50 kW not requiring environmental impact assessments, and a raft of other emergency measures aimed at accelerating the European Union’s (EU) renewable energy rollout have been extended until mid-2024 to combat the energy crisis.
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