Power Plants

Scientists at the University of Oxford last week (9 August) revealed a breakthrough in solar PV technology via an ultra-thin material that can be applied to “almost any building” and deliver over 27% conversion efficiency.

At the same time, the company said that US trade laws and tax credits had created some uncertainty in the solar project market.

Data released this week by American Clean Power Association (ACP) showed that, since mid-2022, US$500 billion of investment has been planned for clean energy production and generation projects in the US.

The Energy Corporation of New South Wales (EnergyCo) has obtained Commonwealth planning approval for Australia’s first Renewable Energy Zone (REZ): Central-West Orana.

Australian startup SunDrive Solar has revealed that it has undergone a restructuring of the company, resulting in job cuts, as it looks to “sharpen focus on solar”.

The new system builds on the capacities of DuraTrack and OmniTrack offerings, reducing dependence on power grids and adding more flexibility and optimisation possibilities.

Last year saw 96GW of distributed PV installed in China, an all-time record. But as Carrie Xiao reports, even as the distributed market segment begins to surge, problems associated with its rapid development are beginning to emerge.

China accounted for more than half of the 536GW of solar PV inverters shipped globally in 2023, due to the country's solar growth last year.

This is JERA Nex’s first foray into the US solar market and was executed in partnership with JERA Americas.

The €50 million green loan will support the design, construction and operation of five solar PV projects in Castilla y Leon and Extremadura.