TotalEnergies has agreed to buy German renewables developer VSB Group from Swiss asset manager Partners Group. The transaction, worth €1.57 billion in equity value and shareholder loans, remains subject to the approval of applicable merger control authorities. VSB has more than 475 MW of renewables capacity in operation or under …
Read More »Germany Set to Cross 100 GW Milestone
Germany might exceed 100 GW of cumulative solar capacity in 2024, as new projections from Bundesverband der deutschen Energie- und Wasserwirtschaft (BDEW) estimate 17.5 GW in new PV installations. Germany’s renewable energy association, BDEW, said it expects 17.5 GW of new PV capacity in 2024, up from 15.3 GW in …
Read More »Scientists Design Residential Ice-Source Heat Pump Using Repurposed Gas Pipes
Researchers from the University of Nottingham in the United Kingdom have developed a residential ice-source heat pump system that uses repurposing existing gas pipelines to transport water for the ice-source heat pump’s operation. “Our heat pump demonstrates superior performance compared to all existing types, based on our claims. We have …
Read More »Paris’ Solar-Powered Olympic Village to become Collective Self-Consumption Hub
EDF ENR, the winner of a tender launched by Solideo — the public entity behind the creation of France’s Olympic Village in Paris — has installed 15 PV arrays on the roofs of buildings currently occupied by athletes taking part in the Olympic Games. Located in the Belvédères district, just …
Read More »Spanish Researchers Develop Materials to Obtain Hydrogen from Water via Microwave Radiation
A team from the Institute of Chemical Technology (ITQ), a joint research center of the Polytechnic University of Valencia (UPV) and the Higher Council for Scientific Research (CSIC), and the UPV’s Institute of Information and Communications Technologies (ITACA) has developed the design of materials that can improve the process of …
Read More »Japanese Scientists Develop High Energy Density, Cobalt-Free Lithium-Ion Battery
Today’s electric vehicles are predominantly powered by nickel-manganese-cobalt (NMC) lithium-ion batteries. However, the inclusion of cobalt in this type of batteries has been considered as problematic due to its anticipated scarcity as well as associated supply chain risks related to its single source, human rights and mining practices. Now, a …
Read More »Masdar and PLN Inaugurate 192MWp Largest Floating PV Site in Southeast Asia
The Indonesian state utility PLN and UAE state-run renewables developer Masdar have inaugurated the 145MWac (192MWp) Cirata floating solar PV (FPV) plant in the West Java province of Indonesia. Opened by the president of Indonesia, Joko Widodo, Masdar and PLN said that the plant is the ‘largest’ FPV site in …
Read More »Chile to Become Second-Largest Battery Market in Americas after US
Chile is now on track to become the second-largest battery market in the Americas, following the United States. As of this year, the Latin American nation has switched on 12 storage projects, with a total capacity of 1.3 GW. It currently has 85 energy storage projects, totaling 6.4 GW, in …
Read More »US Set to Install 66 GW of Storage in 2023-27 Period, Says WoodMac
Wood Mackenzie has released a new energy storage market report, with a new record high for US installations for the second quarter of 2023. The United States deployed 1,680 MW/5,597 MWh of energy storage nationwide, leading to an average duration of 3.3 hours. However, second-quarter installations were significantly lower than …
Read More »US Solar Market Expected to Triple in Size by 2028
The US solar industry installed 6.1 GW of capacity in the first quarter of 2023, according to the US Solar Market Insight Q2 2023 report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Several factors contributed to the record first quarter, not the least of which was the …
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