SolarEdge’s revenue rose 58% year over year to USD 3.1 billion ($4.5 billion) in 2022. It expects revenues for the first quarter of 2023 to be within the range of $1.33 billion to $1.37 billion.
An international consortium led by Israel’s Al-Zahrawi Society has launched the Regace project to develop agrivoltaic solutions for greenhouses. It will investigate the performance of a new tracking system across locations and climates and use carbon dioxide enrichment to improve crop yield.
The World Future Energy Summit showed that Middle Eastern solar markets are still driven by utility-scale PV, although the C&I sector shows signs of growth. Saudi Arabia, Egypt and the United Arab Emirates are the most promising markets for big solar projects, with huge pipelines under development, while Lebanon and Yemen show promise due to chronic energy shortages.
The United Arab Emirates is treating Abu Dhabi Sustainability Week, which includes the World Future Energy Summit, as a trial run before the nation hosts the COP28 climate talks in November.
Germany has decided to build its first green ammonia import terminal in Hamburg, in collaboration with Air Products. Egypt, meanwhile, has signed $128 billion of hydrogen framework agreements.
An Israeli scientist has proposed a way to achieve uninterrupted PV power on the moon without using energy storage. The proposal involves the installation of PV panels around a 360-degree latitudinal ring close to one of the moon’s poles. There would be no inter-array shading, and static vertical PV arrays and arrays mounted on single-axis vertical trackers could be viable mounting structures.
Japanese researchers have developed a new way to improve water splitting, while South Korea has completed its largest hydrogen production complex. Scotland and England have announced new hydrogen investments, and Uzbekistan and Saudi Arabia’s ACWA Power have agreed to collaborate on hydrogen projects.
Israeli researchers have developed a device that combines a reversible Si anode with halide cathodes and uses hybrid electrolytes to enable cell recharging. In the proposed system configuration, silicon is dissolved during the battery discharge process, and upon charging, elemental silicon is deposited.
The inverter and battery manufacturer says its new Sella 2 factory will produce cells for its residential solar-plus-battery products as well as for other applications.
Scientists in the United Arab Emirates have looked at how off-grid rooftop PV could be combined with batteries, fuel cells or reversible solid oxide cells for energy storage. The modelling assumed a typical commercial building in Los Angeles.
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