WoodMac predicts strong yet flat global PV growth through to 2032
Wood Mackenzie says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years. The research firm is also forecasting challenges for the solar manufacturing sector and long-awaited benefits from the Inflation Reduction Act in the United States.
US startup offering UL-certified vertical PV systems
Sunstall has developed a vertical PV system that facilitates energy production in space-limited areas. It is the first system of its kind to secure certification from Underwriters Laboratories (UL) for the US market
Hybrid optimization MPPT tech for PV systems under partial shading
Researches in India have used the adaptive network-based fuzzy inference system (ANFIS) and the grey wolf optimization (GWO) algorithm to develop an MPPT technique that reportedly increases the PV source voltage of an array under partial shading conditions.
Solar corporate funding hits decade-long high in 2023 globally
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.
France’s new PV installations hit 3.15 GW in 2023
The French solar market grew by around 30% in 2023, reaching 3.15 GW, according to new data from Enedis. PV systems for self-consumption accounted for around one-third of all new capacity additions.
AmpIn Energy Transition secures 6 MW solar project with Nagpur Metro Rail
AmpIn Energy Transition (formerly Amp Energy India) has signed a 25-year power purchase agreement for a 6 MWp solar project with the Maharashtra Metro Rail Corp. Ltd (MMRCL), Nagpur Metro Rail Project.
Israel raises tariffs for commercial PV by up to 33%
Israel’s Electricity Authority says it has reached a decision on tariffs, as current rates do not ensure the viability of large rooftop PV projects. It has also raised the tariff for stored electricity sold at peak times.
Greenzo Energy unveils modular alkaline electrolyzer
Greenzo Energy has unveiled its indigenously designed modular alkaline electrolyzer that can be scaled to address green hydrogen demand from industrial processes to powering entire communities.
Solar energy’s vital role in climate change mitigation
With solar taking a more significant portion of the energy and power mix, climate change can be significantly mitigated. Coal, for instance, is one of the dirtiest fuels, but makes up 70% of India’s power generation.
Indian Railways tenders 695 MW of round-the-clock power from renewable hybrids
REMC Ltd, on behalf of the Ministry of Railways, has invited bids to supply 695 MW (500 MW + 195 MW) of round-the-clock (RTC) power from renewable energy projects, complemented with power from other sources or storage. Bidding closes on Feb. 14.
