PPA prices fell 11% in Europe in May, says Pexapark
Pexapark says that prices for power purchase agreements (PPA) fell 11% in Europe in May. Germany and Spain were the largest markets for PPAs, with deals totaling 245 MW and 317 MW, respectively.
Using shunts to spot PV module degradation
Scientists in Ireland investigated the effect of shunt resistance on a PV cell’s electrical performance. The group says its finding could potentially lead to the development of models for early detection of various forms of cell degradation, allowing for intervention to repair or replace components before major power losses occur.
PM KUSUM scheme hits 2.45 lakh solar pumps milestone
As on June 30, 2023, around 2.45 lakh agriculture pumps have been installed or solarized under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme.
Going beyond renewable/non-renewable dichotomy
Scientists in India have proposed a new classification of energy sources that is intended for the adoption and definition of emerging technologies, which they said conventional taxonomies fail to achieve.
Mobec launches portable EV charging network
The Noida-based startup has rolled out the franchise network to provide mobile EV charging as a service. It targets 100 franchise partners by the end of 2023.
Australian manufacturer unveils 5.12 kWh battery for residential applications
Vaulta, an Australian battery tech company, has developed its first dedicated residential battery. The small-scale energy storage system can purportedly operate for 4,000 cycles, with an 80% depth of discharge.
ReNew, Gentari collaborate for 5 GW renewables capacity in India
ReNew and Gentari will form a 50:50 joint venture to develop renewable assets including solar, wind, and energy storage.
Israel’s Brenmiller signs MoU with Waaree Energies to deploy thermal energy storage projects in India
Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered thermal energy storage projects in India.
French developer deploys removable ground-mounted solar plant
CVE, a French developer, has deployed a solar plant based on PV modules ballasted on the ground. The installation will cover nearly 10% of the overall consumption of an industrial site in Châtillon-sur-Chalaronne, France.
Hero Future Energies signs $756 million MoUs with REC, PFC
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects.
