Historically low module prices are expected to propel the global solar industry to record installations in 2023.
Waaree Energies has signed a three-year deal with Spanish developer Acciona to supply 1.5 GW of TOPCon solar modules for Acciona’s PV installations in the United States from 2024 to 2026. The contract follows Waaree’s latest 850 MW mono PERC shipment to Acciona’s four projects in the U.S.
Expanding community solar is among the strategies that would help the Los Angeles municipal utility improve equity, found a study led by NREL and UCLA.
A strategic and coordinated approach to integrate various clean energy solutions into the grid is vital to making space for the surge of renewables and electrification across the country, which is where “grid flexibility” enters the scene.
Also on the rise: A western National Parks EV charging network, a residential heat pump turbine, lessons learned from battery energy storage systems, and more.
The funding adds to a $500 million equity investment made in Longroad Energy in 2022.
There are currently about 72,000 solar rooftops in the target region that includes Washington D.C., Northern Virginia and parts of Maryland.
Assuming there are nearly 40 million EVs on the road by 2030, researchers suggest the region needs between 2,350 and 4,610 direct current fast charging ports.
Infinite Turbine has developed a heat pump turbine for residential and commercial applications, using PV or alternative electricity sources for simultaneous cooling and hydraulic power. The tech can be retrofitted with existing CO2 heat pump systems for air conditioning, hot water, and process heat.
Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the current steep trajectory of solar module prices. He estimates that PV panels prices will end up dropping by 40% this year and predicts the closure of old technology and sub-scale solar manufacturing facilities, both in China and globally.
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