German tech company Tube Solar AG has secured €10.8 million to develop its cylindrical agrivoltaic modules. The lightweight devices could also be used on roofs until now considered unsuitable for PV.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.
This year will see strong growth for the global PV market, to 114 GW, and that pattern will continue in the years ahead, according to analyst Wood Mackenzie. A report has highlighted soaring inverter replacement costs for PV project owners as a side-effect of the solar success story.
With Leclanché due to open a module and battery pack assembly line in Gujarat alongside JV partner Exide Industries by the end of next month, the Swiss storage solutions company has been active nearer its home market.
Power provider Stadtwerke Waldkirch has built a 264 kW PV system in Germany with Sunman’s glass-free modules, as a titanium rooftop at the project site made it impossible to use conventional modules.
The German powerhouse – which makes central inverters for PV projects in India – wants to complete the acquisition by July. Indian employees will be hoping target company Kaco’s disposal of its central inverter operation last month will avert job losses by removing any potential overlap between the manufacturers.
The new ‘cerenergy’ system that has been developed in Germany can operate without air conditioning by using vacuum insulation even in extreme temperatures. With no rare earths required for manufacture, the product’s basic material is salt.
The first companies are demonstrating that today it can be worthwhile commercially to back electric vehicles in combination with solar generation and storage. Particularly in the case of public charging stations, solar power used for electric vehicle charging could become the basis for a profitable operator model in the future.
The first companies are demonstrating that today it can be worthwhile commercially to back electric vehicles in combination with solar generation and storage. Particularly in the case of public charging stations, solar power used for electric vehicle charging could become the basis for a profitable operator model in the future.
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