Stonepeak platform firms seek 500 MW of solar power system for Asian data cetres

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Digital Edge Singapore Holdings said on Thursday it will pursue 500 MW of green energy capacity for its Asian data centres under a partnership with solar power system developer Peak Energy Investments that could be expanded to up to 1,000 MW.

The two portfolio companies of US infrastructure investor Stonepeak will initially pursue commissioned capacity to support Digital Edge’s operating and planned data centres over three years. The target projects should be located in countries where Digital Edge has existing deployments, including Japan, Korea, Indonesia, India and the Philippines. Other markets will be included as well, in line with the tech group’s expansion.

The initiative will support the decarbonisation of up to 1 GW of power and facilitate the generation of more than 1,300 GWh of green electricity annually, contributing to each of Digital Edge’s and Peak Energy’s sustainability goals and business objectives.

Digital Edge aims to make its operations carbon neutral by the end of the decade. The company already has a data centre facility in Indonesia running on 100% renewable power.

Iberdrola strikes 11-year solar PPA with retail chain Alcampo in Spain

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Spanish utility Iberdrola SA (BME:IBE) has entered into a long-term power purchase agreement (PPA) to supply solar energy to all Alcampo hypermarkets and supermarkets in Spain.

Iberdrola Espana, the utility group’s subholding in Spain, will provide Alcampo with 3,740 GWh of electricity over the course of 11 years, the power firm said. The contracted electricity will be sourced from Iberdrola’s solar photovoltaic plants, including the 350-MW Velilla facility and the Tagus I-IV solar farm complex of 200 MW located in Caceres province.

This PPA aligns with Alcampo’s commitment to decarbonisation and its efforts to achieve zero net emissions in its carbon footprint. Alcampo, part of French retail group Auchan, has already been consuming 100% renewable energy since 2018 and has set ambitious targets approved by the Science Based Targets initiative, including a 46% reduction in scope 1 and 2 emissions by 2030 and climate neutrality by 2043, the press release said.

As for Iberdrola, the utility says that it has sold around 90% of the electricity it is set to generate between 2024 and 2025 under off-take contracts.

US’ solar additions surge to 32.4 GW in 2023

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The US added a record 32.4 GW of solar capacity in 2023, up 51% year-over-year and 37% more than the previous record in 2021, according to a report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

SEIA and Wood Mackenzie already signaled in their report for the third quarter that the US was poised to add record solar capacity in 2023.

“If we stay the course with our federal clean energy policies, total solar deployment will quadruple over the next ten years,” said SEIA president and CEO Abigail Ross Hopper.

The total US solar capacity is expected to grow from 177 GW DC at the end of 2023 to 673 GW DC by 2034 in the base case outlook. However, developments in the supply chain, tax credit financing and interest rate environment can significantly swing the outlook.

 

In 2023, all segments of the solar market grew compared to 2022. The utility-scale sector added 22.5 GW, marking 77% annual growth and underscoring the impact of supply chain constraints in 2022. More than 10 GW DC was installed in the fourth quarter. Residential solar expanded 12% to 6.8 GWdc, helped by a rush in California to take advantage of more favorable net metering rules before April.

According to the data, solar module manufacturing capacity increased from 8.5 GW to 16.1 GW in 2023. However, the organisations warned that record-low module prices and a difficult economic climate could make it hard for US manufacturers to follow through on announced facilities. In 2023, prices for monofacial and bifacial solar modules dropped 26% and 31%, respectively. At the moment, the US does not have any operational ingot, wafer or cell manufacturing facilities.

SEIA and Wood Mackenzie further said that 53% of all new electric generating capacity added to the grid last year was solar, the first time in 80 years that a renewable electricity source has accounted for more than half of annual capacity additions.

HOME PV SYSTEMS – How They Work

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Home PV (photovoltaic) systems can be found in different varieties, however, the most basic and economical type of home systems today are offered in Grid connected or On-grid configurations. The term On-grid basically means that the PV system for your home will need to be connected, just like any other home appliance in your main electrical fuse box, or in essence, to your electricity service provider network (grid) in order for it to work.

Other home PV systems types are available in the market today such as Hybrid PV systems, which include a battery storage system for when the power goes out, are a bit more complex in their operation. Nevertheless, this article will focus on the most basic type of PV system which is On-Grid home PV systems.

Is solar energy for me?
Solar energy is the most upcoming renewable energy technology and has
a proven and constant growth record throughout the last decade. Whether you want to reduce your electricity bill, increase the value of your property or contribute to the next generations by reducing your carbon footprint, solar energy is the right choice for you. At the end of the day, Home PV Systems can usually pay themselves off in less than 5 years which means many years of 0 or reduced electric bills. There are few low risk investments in the market today as good as solar energy.

How do Home PV Systems work?
The main goal of a home PV system is to generate electricity by converting the sun’s energy, (energy collected during daylight hour periods) from photos into electrons. As simple as it might seem, this conversion will determine the amount of energy/power a PV system can generate throughout its expected life-cycle.
The energy converted by the PV modules, as a first step, produces direct current (DC electricity) which flows through the DC circuit and is transformed, converted or inverted, (as a second step) into alternating current (AC) electricity. This conversion process is performed by a solar inverter which matches the electrical systems or home appliances power source. This is all done seamlessly and without any moving parts.

The electricity generated by an ‘on-grid’ PV system can be used either for self-consumption or can be fed back to the grid at periods when the home electricity consumption is low. Feeding electricity back to the utility grid will rely on grid connection permissions offered by your electricity provider.

How much electricity can my PV system generate?
This will depend on the following criteria:

Size of the PV system
Amount of sunshine hours throughout the year (Irradiance)
Optimal installation conditions
A very simple equation can be used however please note this is just for estimation purposes only.

Average DAY PV system production in kWh’s
(4 peak sunshine hours/day) x (size of PV System in kW) x (0.85 system derating factor = kWh/day generation

Average YEAR PV system production in kWh’s
(1460 peak sunshine hours/year) x (size of PV System in kW) x (0.85 system derating factor = kWh/year generation

What are the main components of On-grid Home PV Systems?

PowerDream ON GRID PV SYSTEMS

What is the lifetime of a PV system?
PV Modules serve as the main component of a PV system and include a power output warranty of 25 years. This means that your system can last for at least 25 years after installed. With that said however, other system components such as inverters, conductors and mounting systems will sometimes need to be replaced or maintained throughout the lifetime of the system. Inverters usually offer 5 to 20 year warranties, PV mounting systems or racks depending on the manufacturer include 10+ year or more warranty the same stands for other components.

How expensive is a PV system?
PV Module prices continue to show a decreasing cost within the market which makes them more affordable year after year. However, the price of a PV system will depend not only on the brand and technology of components selected for the system but other factors that need to be considered for their installation.

The following considerations will determine the overall cost of a PV system:

PV System size (kW)
PV system components
Labor installation costs
Installation material costs
Material transportation costs
Administrative costs
Depending on your local energy policies, some electricity service providers and or States offer PV system users incentives which will decrease the overall costs of a PV system.

Can I install my home PV System?
The PV components of a system are electronic devices manufactured under electrical safety principles that need to be compliant with grid interactive standards since these will indirectly or directly be connected to your home and the utility grid. It is recommended to seek an authorized professional installers that meets all electrical, building and safety credentials which will guarantee a successful installation.

 

PV Installation Cycle Diagram
The list of tools below will be required to install the PV module roof kit. It is recommended that they are acquired preceding the installation.

Hammer
Tape Measure
Cable knife
Combination pliers
Crimping tool for cable lugs (suitable for cable cross-sections of up to 2/0 AWG)
Diagonal cutting pliers
Wire stripping pliers
Chalk Line
Electric Drill
Drill Bits (e.g. masonry or wood bit), 5/16th or 0.3125mm
Extension cords
Flathead screwdriver (small and large)
Philips screwdriver (small and large)
Hexagon/Allen keys, 3 mm to 8 mm
Open-end/box wrenches or socket wrench in the sizes 1/4, 5/8th,
Spirit level
Multimeter
Ladders and or roof staging (optional)
Metal Saw (optional)
20.Safety harnesses (optional)
Safety helmet
Work Gloves
Shingle Knife (optional)

Embracing Energy Independence: The Off-Grid Home Energy Storage System

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In an era where sustainable living takes center stage, the concept of off-grid home energy storage systems has become increasingly appealing. These systems, designed to liberate households from traditional power grids, offer a multitude of benefits that extend beyond environmental considerations.

Harnessing Solar Power

At the heart of off-grid living is the utilization of solar panels to capture and convert sunlight into electricity. The installation of solar panels on rooftops or within the property allows for a continuous and renewable energy source. This eco-friendly approach not only reduces carbon footprints but also provides homeowners with a reliable and sustainable power solution.

Battery Storage for Uninterrupted Power

One of the key components of off-grid systems is advanced battery storage technology. These batteries store excess energy generated during sunny days for use during periods of low sunlight or at night. This feature ensures a constant and uninterrupted power supply, granting homeowners autonomy over their energy needs irrespective of external factors.

Energy Management and Efficiency

Modern off-grid systems are equipped with sophisticated energy management tools. Users can monitor real-time energy production and consumption, enabling them to optimize usage patterns for maximum efficiency. Smart technologies ensure that power is distributed intelligently, minimizing waste and maximizing the utility of stored energy.

Environmental Impact

The environmental benefits of off-grid living are profound. By relying on renewable energy sources and minimizing dependence on conventional power grids, households contribute significantly to the reduction of greenhouse gas emissions. This eco-conscious approach aligns with global efforts to combat climate change and promote sustainable practices.

Economic Considerations

While the initial investment in an off-grid home energy storage system may seem significant, the long-term economic advantages are substantial. Reduced reliance on external power sources translates into lower electricity bills over time. Additionally, some regions offer incentives and tax credits for adopting renewable energy solutions, further enhancing the financial appeal of off-grid living.

Challenges and Future Developments

Despite the numerous advantages, off-grid living comes with its set of challenges. Storage capacity limitations, occasional reliance on backup generators, and the need for occasional maintenance are aspects that homeowners must consider. However, ongoing advancements in technology are addressing these challenges, with innovations aimed at enhancing efficiency and overcoming existing limitations.

Harnessing the Sun: A Homeowner’s Journey with Solar Power

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As a homeowner who recently embraced solar energy, the experience has been nothing short of transformative. The decision to install a home solar power system stemmed from a desire for sustainability, financial prudence, and a genuine commitment to reducing environmental impact.

The installation process, initially perceived as a significant endeavor, turned out to be remarkably smooth. Professional technicians carefully positioned the solar panels to capture the maximum sunlight exposure, ensuring optimal energy production. The sleek design seamlessly integrated with the architecture of my home, turning it into a statement of both modernity and eco-conscious living.

One of the most noticeable impacts has been the immediate reduction in my electricity bills. Harnessing the power of the sun has proven to be a cost-effective and sustainable choice. The financial benefits extend beyond lower monthly bills; government incentives and tax credits contribute to the long-term return on investment, making the initial cost more palatable.

Monitoring the solar power system’s performance has become a fascinating aspect of daily life. Real-time data analytics provide insights into energy production, usage patterns, and even environmental contributions. Witnessing the surplus energy generated and fed back into the grid not only adds to the financial savings but also reinforces a sense of environmental responsibility.

Living in an area with abundant sunlight, I have come to appreciate the system’s resilience even on cloudy days. The panels consistently generate a significant amount of power, showcasing the reliability of solar energy as a continuous source of clean electricity. The occasional maintenance, primarily cleaning to ensure optimal performance, is a small price to pay for the consistent benefits.

Beyond the financial and environmental aspects, the transition to solar power has instilled a sense of pride. Knowing that my home operates on clean, renewable energy aligns with a broader commitment to sustainability. It’s not just a technological upgrade; it’s a lifestyle choice that resonates with the growing global movement toward greener living.

In conclusion, adopting a home solar power system has been a journey marked by financial savings, environmental impact, and a newfound sense of responsibility. The decision to harness the sun’s energy has proven to be a wise investment, not only in terms of immediate benefits but also in contributing to a more sustainable and eco-friendly future.

The Solar Adventure: A Home’s Journey to Energy Independence (1)

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Once upon a time, in a cozy suburban home, the Smith family embarked on a whimsical adventure into the world of solar power. The idea sparked during a family dinner where energy bills were likened to mischievous creatures draining the family’s financial resources.

Determined to break free from the clutches of these energy-hungry beasts, the Smiths decided to install a home solar power system. Little did they know that this decision would turn their mundane energy woes into a delightful tale of eco-friendly enchantment.

The installation day arrived, and it felt like welcoming wizards into their home. The solar panel technicians, donned in futuristic gear, worked their magic, placing the panels strategically on the roof. The panels became the family’s own set of magical artifacts, absorbing sunlight and converting it into power to illuminate their daily lives.

As the first rays of sunlight hit the solar panels, a subtle glow enveloped the Smith household. The once dreary energy bills transformed into scrolls filled with savings and efficiency. The family found joy in watching their electricity meter running backward, a magical sight that brought smiles and laughter.

The solar panels became the talk of the neighborhood, with curious neighbors wondering if the Smiths had discovered a secret source of magical power. Soon, the magical aura of solar energy spread, inspiring other families to embark on their own quests for energy independence.

The Smiths, not content with merely enjoying the financial benefits, decided to host a solar-powered carnival in their backyard. The energy generated during the day lit up fairy lights, powered a popcorn machine, and even fueled a carousel that spun with the sun’s grace. The neighborhood rejoiced in the carnival’s eco-friendly festivities, and the Smiths became local heroes of sustainability.

The solar adventure continued as the family realized they could track the energy generated in real-time. The children turned it into a game, competing to see who could reduce their energy consumption the most. The once mundane act of turning off lights became a quest to outsmart the energy-saving dragon.

And so, the Smiths’ home became a beacon of solar-powered whimsy, where energy independence and environmental consciousness lived happily ever after. The family’s journey into the world of solar power turned their home into a magical haven, proving that sometimes, the most enchanting stories unfold right on your rooftop.

The Solar Adventure: A Home’s Journey to Energy Independence (2)

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As seasons changed, the Smiths discovered new dimensions to their solar-powered tale. During the summer solstice, the family organized a “Sunshine Festival” in their backyard. Sunflower gardens bloomed, and solar-powered speakers played enchanting tunes. The festival celebrated the longest day of the year, with the sun playing the role of the honorary guest.

As the children grew, so did their fascination with the solar-powered kingdom. The eldest, now a teenager, designed a solar-powered treehouse equipped with charging stations for gadgets, turning it into a serene retreat powered by the sun’s benevolence. The younger ones turned the backyard into a celestial observatory, using solar energy to illuminate their stargazing nights.

The Smiths’ solar journey also sparked an unexpected friendship with a local inventor who had been experimenting with solar-powered gadgets. Together, they created a whimsical solar-powered birdhouse that lit up at dusk, attracting colorful feathered friends to the enchanted garden. The once mundane act of birdwatching became a delightful spectacle.

Through rain and shine, the solar panels persevered, casting their spell over the Smiths’ home. The family marveled at the fact that even on overcast days, the panels continued to work their magic, proving that the power of the sun could conquer clouds and raindrops.

And so, the Smiths’ home remained a hub of solar enchantment, with each day bringing new discoveries and delightful surprises. The once-dull world of energy consumption transformed into a vibrant, ever-evolving fairy tale, proving that the magic of solar power could turn even the most ordinary homes into realms of sustainability and joy.

The Solar Adventure: A Home’s Journey to Energy Independence (3)

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As the years passed, the Smiths became pioneers in the solar realm, hosting workshops to share their magical knowledge with the community. They transformed their garage into a solar tinkering workshop, inviting neighbors to join in crafting solar-powered lanterns and whimsical garden ornaments.

The solar adventure took an unexpected turn when the family decided to embark on a road trip, equipped with a solar-powered camper. The mobile haven not only provided them with a cozy home on wheels but also garnered admiration from fellow travelers who were captivated by the idea of harnessing the sun for their journeys.

In an effort to give back to the environment, the Smiths initiated a neighborhood tree-planting project. Solar-powered lights illuminated the pathway as families came together to plant saplings, creating a green oasis powered by the same sun that fueled their homes.

The Smiths’ tale of solar enchantment reached far and wide, attracting the attention of a renowned environmentalist who commended their commitment to sustainability. The family found themselves participating in solar advocacy campaigns, spreading the message of clean energy and inspiring others to embark on their own eco-friendly adventures.

As the sun set on each day, casting a warm glow over the solar panels, the Smiths gathered in their enchanted backyard. The solar-powered fairy lights twinkled overhead, and the family marveled at how a simple decision to embrace solar power had transformed their lives into an ongoing saga of joy, innovation, and environmental stewardship.

And so, the Smiths’ home continued to be a beacon of solar magic, where the sun’s rays not only illuminated rooms but also sparked creativity, connected communities, and turned the ordinary into the extraordinary. In this ever-evolving tale, the sun remained the steadfast protagonist, casting its spell over the Smiths’ home and inspiring others to embark on their own solar adventures.

The Solar Adventure: A Home’s Journey to Energy Independence

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As the Smiths’ solar saga unfolded, they became trailblazers in sustainable living. The family decided to collaborate with local schools to introduce solar education programs. Workshops on harnessing solar power became a regular occurrence, and the once-mysterious world of solar panels became a captivating subject for curious young minds.

The Smiths’ solar-powered home evolved into a showcase for eco-friendly technologies. They experimented with solar water heaters, rainwater harvesting systems, and even a solar oven that turned baking into a sun-powered delight. Their backyard became a test ground for sustainable innovations, inviting neighbors to witness the possibilities of a greener, more energy-conscious lifestyle.

During the annual “Solar Fair,” the Smiths invited renewable energy enthusiasts, local businesses, and environmental organizations to showcase their contributions to the solar revolution. The fair became a hub of ideas and collaboration, with the Smiths at the forefront of driving change in their community.

The family’s commitment to solar power extended beyond their own home. They joined forces with a local charity to install solar panels in underserved communities, bringing light and energy independence to those who needed it most. The once-local enchantment of the Smiths’ solar journey transformed into a global mission for a sustainable future.

In an unexpected turn, the Smiths were featured in a documentary highlighting their solar adventures. The documentary not only celebrated their journey but also inspired countless others to embark on their own renewable energy quests. The Smiths found themselves invited to speak at sustainability conferences, sharing their experiences and encouraging others to embrace the magic of solar power.

As the Smiths’ solar tale continued to unfold, it became a beacon of hope and inspiration. Their home, once a simple abode in the suburbs, had become a symbol of the transformative power of solar energy and the positive impact it could have on individuals, communities, and the planet.

And so, the Smiths’ solar adventure, which began as a quest for energy independence, evolved into a legacy of environmental stewardship, community empowerment, and a celebration of the boundless possibilities that unfold when the sun’s rays are harnessed with creativity and conviction. The Smiths’ home remained not just a residence but a living testament to the enduring magic of solar power.