Switzerland-based Meyer Burger had a PV module inventory of 365 MW at the end of 2023. The closure of its panel factory in Freiberg, Germany, will only be reversed if there are very strong political signals, said CEO Gunter Erfurt.From pv magazine Germany
Meyer Burger, a...
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LG Innotek will secure electricity and supply renewable energy certificates (REC) under a 20-year fixed-price agreement, procuring 100 GWh of renewable energy per year.BEP has signed a REC sales agreement with LG Innotek for 84.7 MW of renewable energy in South Korea.
The agreement sees LG...
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Analysis from research firm Wood Mackenzie shows solar remained the most awarded form of renewable energy in government tenders last year, but its share of total volume dropped from 59% to 44%. In 2024, government tenders are predicted to at least match 2023 levels.Research firm...
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GP Eco Solutions intends to utilize INR 12.45 crore of the IPO proceeds to meet its working capital requirements and invest INR 7.6 crore in its subsidiary Invergy India to procure plant and machinery and set up a new facility.GP Eco Solutions India, an integrated...
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Greenzo Energy India has unveiled its 1 MW alkaline electrolyzer developed using 100% local technology and components.Greenzo Energy India has launched its 1 MW alkaline electrolyser, developed entirely under the ‘Make in India’ initiative.
“The electrolyser does not use any components imported from landlocked countries, making...
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Energy Vault has connected its 25 MW/100 MWh EVx gravity-energy storage system (GESS) in China. Once provincial and state approvals are obtained to start operating, it will become the world’s first commercial, utility-scale, non-pumped hydro GESS. Meanwhile, its partners China Tianying (CNTY) and Atlas Renewable...
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The 300 MW solar plant, connected to the inter-state transmission system, will supply power to commercial and industrial customers nationwide.Amplus Solar announced this week the commissioning of its 360 MWp inter-state transmission system (ISTS) solar plant, Project Jai, in the Jaimalsar village under the Bikaner...
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Researchers in Sweden have developed a new PVT module using an aluminum alloy structure between the thermal absorber and the photovoltac cells. This architecture reportedly reduces thermal expansion by 20%, thus increasing the chances of mitigating cracks in the PV unit.From pv magazine Global
An international...
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BayWa re and Ampt, in collaboration with the Fraunhofer Institute for Chemical Technology (ICT), have developed an innovative and technically challenging hybrid system featuring 690 kWp of rooftop and ground-mounted PV, a 2 MW wind turbine, and a 10 MWh flow-battery energy storage system.German renewable...
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Wood Mackenzie says the levelized cost of electricity (LCOE) in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module...
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