Using a range of machine-learning techniques, a group of scientists found that PV systems can significantly increase the value of a property in the United Kingdom. The analysis was based on property data from Zoopla, one of the leading providers of UK property listings, and price paid data sourced from the government’s Land Registry from 2012-2018.
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.
Sineng Electric’s 50 MW/100 MWh sodium-ion battery energy storage system (BESS) project in China’s Hubei province is the first phase of a larger plan that will eventually reach 100 MW/200 MWh. The initial capacity has already been connected to the grid and can power around 12,000 households for an entire day.
JinkoSolar has begun converting its production to n-type tunnel oxide passivated contact (TOPCon) products to stay competitive, says Frank Niendorf, the company’s general manager for Europe. He predicts that several market players in the value chain will exit the market soon.
The Israeli authorities have introduced new regulations requiring rooftop PV on new large buildings, with plans to install 3.5 GW by 2040. The minimum production capacity has been set at 5 kW.
By proactively embracing more sustainable practices and aligning themselves with global sustainability goals, companies can ensure their continued viability and contribute to a healthier planet. The journey towards sustainability may be complex and challenging, but it is an investment that will yield significant returns in the long run.
Fotowatio Renewable Ventures Australia says it has begun construction on its first standalone battery energy storage system in the country after reaching financial close on the project.
Researchers have designed a new tracking system that utilizes an arithmetic optimization-based PID controller. The proposed tracker uses two different sensor types – a UV sensor and a micro-electromechanical solar (MEMS) sensor. The first one calculates the intensity of UV radiation received from the sun, and the second one forecasts the sun’s path across the sky.
Hygenco Green Energies and Mitsubishi Power have joined hands for delivering green hydrogen-/ammonia-fired gas turbine combined cycle (GTCC) power plants. Hygeno will develop and deploy green hydrogen and green ammonia production assets to supply green fuel for Mitsubishi Power’s GTCC technology to the potential customers.
The residential solar installer has filed for bankruptcy, among the largest in a series of major bankruptcies in the industry.
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