Martin Schachinger, founder of pvXchange.com, says the 8% price drop in November for solar modules could mark the end of sustained declines, as market signals are pointing to a possible recovery.
The UK government will make GBP 295 million ($308.4 million) in grant funding available to homes switching from gas boilers to heat pumps in the 2025-26 fiscal year. Meanwhile, forthcoming reforms will allow air-source heat pumps to be installed without the need to submit planning applications.
Western Australia’s state-owned regional energy provider Horizon Power has officially launched the trial of a vanadium flow battery in the northern part of the state as it investigates how to integrate long-duration energy storage into its network, microgrids, and other off-grid power systems.
The European Union will continue advancing hydrogen projects, focusing on infrastructure design and supporting production with European equipment, according to Ursula von der Leyen, president of the European Commission.
A group of scientists from a major Chinese grid operator have proposed to use an enhanced version of the particle swarm optimization algorithm to adjust inertia and damping coefficients in batteries linked to PV systems. Their approach was validated through a series of simulation and was found to enhance transient performance.
The China Nonferrous Metals Industry Association (CNMIA) says that prices for solar-grade polysilicon remain stable this week despite strong producer pricing intentions, as unresolved downstream demand issues are holding back sales potential.
Italy’s regional governments approved 6 GW of utility-scale solar projects between January and October 2024, according to updates from Terna’s Econnextion map. Most of these projects are concentrated in Sicily, Lazio, Puglia, Sardinia, and Basilicata.
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.
New research from Norway has found that deploying around 140 GW of green hydrogen generation capacity by 2050 could make green hydrogen economically viable in Europe. Reaching this scale may help balance system costs effectively while increasing renewable integration, making green hydrogen a self-sustaining technology without subsidies, according to the scientists.
France installed around 3.32 GW of new PV systems in the first nine months of 2024.
Austria installed 1.4 GW of new PV capacity from January to September 2024, including around 400 MW added in the third quarter alone.
Eight new battery projects added up to 95% more volume than was recorded in Q3, 2023, according to a Clean Energy Council (CEC) quarterly report which also pointed to a renewables generation boom.
China’s solar module exports fell to 16.53 GW in September, down 12% from August and 16% year on year, according to PV InfoLink. Third-quarter exports reached 54.9 GW, a 15% drop from the second quarter, but a 6% increase from the third quarter of 2023.
One to four hours of battery storage for a solar power facility can significantly increase site revenue in areas with high population density or abundant solar energy. However, the added value diminishes with storage capacities exceeding four hours.
France’s new feed-in tariffs (FITs) for November to January range from €0.13 ($0.141)/kWh to €0.088/kWh, depending on system size.