Meyer Burger loses biggest customer, questions business viability
Swiss solar manufacturer Meyer Burger faces a significant setback as its largest U.S. customer, D.E. Shaw Renewable Investments, has terminated a long-term agreement to purchase solar panels from its Arizona facility.
Testing to start on 100 MWh sand-based thermal battery in Finland
Finnish startup Polar Night Energy is building an industrial-scale thermal energy storage system in southern Finland. The 100-hour, sand-based storage system will use crushed soapstone, a by-product from a fireplace manufacturer, as its storage medium.
Solar modules now selling for less than €0.06/W in Europe
Solar module prices reached a new low last week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
Polysilicon prices decline amid rising inventories, weak demand
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
The Hydrogen Stream: Ohmium, Spirare Energy, and JNCASR collaborate on India’s first CO2 to green methanol plant
The project will combine green hydrogen generated by Ohmium PEM electrolyzers with CO2 captured from the Singareni Thermal Power Plant to produce green methanol.
2024 PV Trends: Global growth and challenges
Amid a backdrop of massive installations and evolving metrics, IEA-PVPS 2024 “Trends Report” encapsulates significant shifts in photovoltaic deployment across the globe, reflecting PV’s evolving role in energy systems and underscoring its capacity to meet global demands. The association explores the trends identified in the report, noting the milestones, regional dynamics, and the implications of increased PV penetration in energy grids worldwide.
World’s second-largest solar plant goes online in China
CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a total investment of approximately CNY 12 billion ($1.6 billion).
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Schneider Electric introduces portable solar power station
The OffGrid portable power station provides power for outdoor adventures as well as in hurricane-ravaged areas.
