The MIT study reveals that the cost of solar panels has decreased by over 99% since the 1970s due to a myriad of innovations spanning various industries. This comprehensive analysis highlights the significant role of advancements not just in solar technology but also in sectors such as semiconductor fabrication, metallurgy, and construction processes. The findings […]
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The Waratah Super Battery energy storage system project, which has begun operating in Australia, has an installed capacity of 850 MW. Unlike other large batteries tasked with shifting electricity generated from the sun from midday to evening, this system is tasked with supporting electricity transmission services. By allowing existing transmission lines to operate at higher […]
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Swiss solar aircraft SolarStratos has achieved a significant milestone by reaching an altitude of 9,521 metres during a flight above Valais, Switzerland, setting an unofficial world record for solar-powered flight. Piloted by Raphaël Domjan, this flight lasted 5 hours and 9 minutes, surpassing the previous record of 9,235 metres established by Bertrand Piccard’s Solar Impulse. […]
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The German solar industry has issued a strong warning against proposed cuts to subsidies for new small rooftop photovoltaic (PV) systems, following remarks by Economy Minister Katherina Reiche, who suggested that such subsidies are no longer necessary due to the profitability of these systems. The proposal has sparked significant debate, as industry advocates argue that […]
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The article from ESS News, dated August 8, 2025, reports that Tesla has maintained its position as the leading global integrator of battery energy storage systems (BESS) in 2024, according to a Wood Mackenzie report. Despite holding the top spot with a 15% global market share, Tesla faces increasing competition, particularly from China-based Sungrow, which […]
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The article from CleanTechnica, titled “Why Xiaomi Succeeded At Making Electric Cars But Apple Failed,” published on August 9, 2025, explores the contrasting outcomes of Xiaomi’s successful entry into the electric vehicle (EV) market with its SU7 sedan and Apple’s failed attempt to develop an electric car through its Project Titan. The piece, written by […]
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The article from SPIE, titled “Solar panels and rice fields thrive together in Japanese agrivoltaics pilot,” published on August 4, 2025, details a pioneering study led by researchers from the University of Tokyo. This study explores the integration of solar energy generation with rice farming through a practice known as agrivoltaics, addressing the critical challenge […]
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Thornova Solar has successfully supplied photovoltaic modules for a pioneering 10 MW PV plant in Suzhou City, China, which features innovative polyurethane composite structures. This marks the first installation globally to utilize such composite materials, aiming to enhance durability, reduce weight, and improve installation efficiency. The project, developed by Suzhou Freeneep Technology, showcases these advanced […]
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The International Energy Agency’s *Electricity 2025* report forecasts a significant surge in global electricity demand through 2027, driven by electrification in buildings, transportation, and industry, alongside rising needs for air conditioning and data centers. Emerging economies, particularly China and India, will account for 85% of the demand growth, with China’s electricity consumption growing faster than […]
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The April 2024 report by the European Systemic Risk Board (ESRB) examines how climate-related risks are addressed within International Financial Reporting Standards (IFRS) and their impact on financial statements, focusing on financial stability. It identifies four key issues: incomplete incorporation of climate-related risks in market prices, potentially leading to asset overvaluation or liability undervaluation; challenges […]
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