Tesla solar business slips 48% year-over-year
Meanwhile, the automaker’s energy storage unit boosted revenues by 40%, according to its Q3 earnings report.
Gas turbine driven by 100% renewable hydrogen for first time
The Siemens Energy-led Hyflexpower consortium has conducted a series of tests on a gas turbine located on the premises of Smurfit Kappa, a paper-based packaging supplier.
Downward trend for PV module prices losing momentum
If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.
Ecoflow launches ‘retrofit’ residential battery with PV-coupling technology
The 5 kWh battery solution uses Ecoflow’s PV-coupling technology that reportedly ensures an easy connection to existing solar arrays. The new product features an output voltage range of 150-800 V.
UNSW student team to push for change in World Solar Challenge
The solar-powered Stella Terra test car from The Netherlands’ Eindhoven University has just completed a 1,000 kilometre test drive from northern Morocco to the Sahara. In Australia, the solar car racing team from the University of New South Wales says the real challenge is to find new ways to push the boundaries of solar car races.
Solax introduces hybrid inverter for 200% PV system oversizing
Solax claims its new hybrid inverters can oversize PV systems by 200%, making them an ideal solution for commercial rooftop installations. There are five versions, featuring rated power outputs ranging from 15 kW to 30 kW.
Industry groups set 2026 target for EU-US hydrogen trade
The US Department of Energy has allocated USD 7 billion ($11 billion) for seven Regional Clean Hydrogen Hubs (H2Hubs) to deploy commercial-scale clean hydrogen, while the Mission Possible Partnership, RMI, Systemiq, Power2X, and industry leaders have set up the Transatlantic Clean Hydrogen Trade Coalition (H2TC) to ship US clean hydrogen to Europe by 2026.
Large-area perovskite-silicon tandem PV cell hits record efficiency of 25.1%
Scientists in the United States have achieved a breakthrough in PV cell tech by creating a 24 cm2 perovskite-silicon tandem solar cell. It positions a lithium fluoride interlayer between a hole transport layer and the perovskite absorber to reduce shunting losses.
Global solar industry corporate funding grows 55% year-over-year
Through the first nine months of 2023, $45.56 billion (USD 28.9 billion) of venture capital, public market, and debt financing was injected into solar, says a report from Mercom Capital Group.
Maxeon Solar Technologies to slash 15% of global workforce
Solar panel producer Maxeon Solar Technologies will lay off 750 employees by the end of the year as the company reels from reduced shipments from its largest distributed generation (DG) customer in North America and an ‘industry-wide demand slowdown’ in global DG markets.
