Author name: solarepoch.com

First Solar Unveils 3.3GW Manufacturing Hub in India

 Image: First Solar First Solar, a pioneering thin-film manufacturer headquartered in the United States, has recently inaugurated its state-of-the-art manufacturing facility in India, boasting a formidable capacity of 3.3 gigawatts (GW). Located in Tamil Nadu, this cutting-edge plant specializes in the production of First Solar’s Series 7 thin-film cadmium telluride (CaTe) modules. These advanced modules …

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Solar Brilliance: Southeast Asia’s 10% Surge in Irradiance Forecast for 2023

Indonesia is one of the Southeast Asian countries that enjoys higher than long-term average solar irradiance. Image: Quantum Power. In 2023, solar irradiance in Southeast Asia is projected to exceed the long-term average by 10%. According to Solargis, a provider of weather data and software, last year witnessed a remarkable 10% increase in solar irradiance …

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Aquila European Renewable Energy Funds 180MWp Solar Portfolio Credits

The net proceeds will be used to repay an existing revolving credit facility. Image: Aquila European Renewables Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain. Aquila European Renewables has announced its plan to utilize the net proceeds from a five-year non-recourse debt facility, …

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Battery-Grade Lithium Carbonate Prices Drop in China Amidst Market Shifts

Recent trends in the Chinese market have shown a downward trajectory for the prices of battery-grade lithium carbonate. As of late December, the market witnessed a decline in spot prices to between RMB 93,000 and 99,000 per metric ton. This marks a notable reduction, averaging RMB 96,000 per ton by the month’s end—a 26.2% decrease …

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Portugal’s Renewables Production Hit Record In 2023

Portugal Achieves Record-Breaking Renewable Energy Consumption in 2023 According to Redes Energéticas Nacionais (REN), Portugal’s national grid operator, renewables accounted for 61% of electricity consumption last year, marking the highest percentage ever recorded in the country’s energy system. In 2023, renewable energy production in Portugal reached 31.2TWh, with wind energy leading the way by supplying …

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Germany Added 14GW of New Solar Capacity in 2023

In 2023, Germany witnessed a significant increase in solar capacity, with approximately 14GW added throughout the year. The residential segment accounted for nearly half of these new installations. According to the German Solar Industry Association (BSW), solar additions in Germany grew by approximately 85% compared to the previous year. In 2022, German developers added around …

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Rooftop Solar System Set for Installation at Illinois Senior Facility by Standard Communities

Affordable housing developer and investor Standard Communities has acquired a 214-unit senior living facility in Mount Prospect, Illinois, and will install a new rooftop solar system to produce more than 233 MWh of energy annually. The company led a public-private partnership to acquire Huntington Towers, a 100% senior affordable community. The transaction extends and preserves …

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Lithium Carbonate and Energy Storage Cell Prices: Trends and Forecast in 2024

The prices of lithium carbonate and energy storage cells are experiencing shifts and projections in 2024, impacting global markets. In China, battery-grade lithium carbonate prices have significantly decreased, hitting RMB 130,000/MT by November-end, signifying a 20.5% drop from the previous month. Concurrently, the prices for Chinese lithium spodumene concentrate (SC6) plummeted by 23.9% to USD …

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Unveiling Solar Panel Efficiency: Maximizing Clean Energy Generation

Solar panels have revolutionized the way we harness energy, offering a sustainable and environmentally friendly solution. However, understanding the factors that contribute to solar panel efficiency is crucial for optimizing their performance. Let’s explore the efficiency of solar panels and the key considerations that play a role in their effectiveness. Solar Panel Efficiency Explained At …

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Unveiling the Power Behind Solar Energy: Understanding Solar Inverters

Solar energy has become a prominent player in the quest for sustainable power solutions. Central to any solar power system is the solar inverter, a crucial component that transforms direct current (DC) energy generated by solar panels into the alternating current (AC) power required to power homes. Let’s delve into the intricacies of solar inverters …

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