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The global residential energy storage market continued to grow in 2020, writes IHS Markit Analyst Michael Longson. Many suppliers were looking to build upon a strong first quarter when Covid-19 hit in March 2020 and slowed the market significantly. However, as a result of several funding packages being introduced and the gradual easing of local restrictions, shipments continued to grow throughout the second and third quarters, enabling strong year-on-year growth for the sector in 2020.
An overview of the state of solar across the continent by trade body the Africa Solar Industry Association has highlighted a patchy policy landscape where clean power ambitions are often not followed through.
Despite pandemic-induced impacts, the PV market was bigger than expected last year. In particular, an installation rush in Vietnam and China took place in December and pushed global demand upward. PV InfoLink estimates that global module demand in 2020 reached 140 GW. Analyst Mars Chang delves into the numbers.
Taking a renewable energy project into its operational phase calls for several workstreams to be synchronized. The one that perhaps jumps out the most is permitting processes: correctly navigating the intricate and time-sensitive steps for licenses and permits. Regardless, each workstream calls for a different set of skills, and because of interlinked chicken-or-egg causality, it is difficult to say which single element is most important in a project’s development. However, there is an unsung element of the financial closing which has as much, if not more, impact on a project’s profitability than the cost of debt does: the underlying terms and conditions.
The Sustainable Development Goal set forth in SDG 7.1 calls for universal access to affordable, reliable, and modern energy services by 2030. It is estimated that currently 789 million people do not have access to electricity in their homes or communities. Rural inhabitants encompass 80% of the total number of people lacking household electricity access. On a global scale, rural inhabitants have been gaining access to electricity at a rapid rate over the past couple decades (IRENA 2020, 23). However, certain regions have seen little improvement in this area. Sub-Saharan Africa (SSA) is the starkest example.
The national PV body in the country wants €1 billion from the EU’s recovery and resilience fund to be allocated to upgrading the electricity network to host more solar power generation capacity.
The kingdom has had a ban on new large scale clean energy projects since January 2019 as Covid-19 exacerbated a situation in which generation capacity already outstripped supply. Lifting that embargo, and re-starting renewables auctions would be a step in the right direction, according to IRENA.
The former need not necessarily relate to conventional lithium-ion batteries, however, as a recent webinar staged by Solarpower Europe and EU body GET.invest discovered.
The European Parliament and Council of Ministers continued to tidy up the details of the bloc’s Covid-recovery package today by publishing the rules of how the money will be disbursed.
Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
A global research group has developed a perovskite PV cell with titanium dioxide nanotubes doped with cesium. It purportedly offers better short-circuit current and power conversion efficiency than cells without cesium nanoparticles. They say it has optimal thermal stability under temperatures up to 800 C.
The poly maker is making significant investment pledges into new production lines in Sichuan and Inner Mongolia.
The rooftop segment was once again the main growth driver in the German PV sector. The feed-in tariff for PV systems not exceeding 10 kW in size will drop under the €0.08/kWh for the first time.
The country’s cumulative installed PV power reached 10.9 GW as of the end of December. Last year, solar covered 2.9% of the nation’s electricity demand.
According to new forecasts from AECEA, China may see strong development of large-scale solar plants this year, due to a massive pipeline of unsubsidized projects. Furthermore, the distributed generation segment will be boosted by incentives provided by the national and regional governments.
EDF and Oceanus plan to build a pumped hydro storage station and a desalination system powered by wind and solar. The system will use saltwater to produce hydropower during periods of high demand, while producing affordable freshwater.
Distributed Solar Development has built a solar carport for IKEA in Baltimore. It will also handle the furniture giant’s other projects in Maryland and California.
Sun Cable’s ambitious 13 GW Australia-ASEAN Power Link, which is designed to export solar electricity from Australia’s Northern Territory to Singapore, continues to shine bright, with the Australian government including the mega-project on its Priority Initiative List.
The thin-film module manufacturer achieved a turnover of $2.7 billion and a profit of $400 million last year. The company also revealed that it is evaluating further U.S. manufacturing expansion, “contingent on the right policy environment.”
Photovoltaic systems for single-family homes reduce electricity-related CO2 emissions of the households by 45%, according to EUPD Research. When a battery is added the CO2 emissions can be reduced by up to 85%.
Porous nanostructured microspheres made of copper, iron, and iron oxide were used by an international research team as negative anode material in lithium-ion batteries. The new technique is claimed to provide three times more capacity than batteries based on graphite anodes.
PV systems are unique among electronic devices, as they are expected to survive outdoors for at least 25 to 30 years. This makes module and system quality one of the cornerstones of guaranteed returns on investment. Potential-induced degradation (PID) is a critical failure mode with a potentially high financial impact. New research from imec and Hasselt University looks at the damaging impact that PID can have on bifacial technology, writes Michaël Daenen, a professor at EnergyVille and Hasselt University.
Turkish researchers have developed an algorithm to distinguish faults and changes in PV plant output. The sensorless method only uses electrical data gathered from the DC inputs of inverters. They tested it on 8.5 MW of ground-mount PV at nine sites, as well as 8.2 MW across 18 rooftops.
A numerical study by researchers at India’s Chitkara University has shown enhanced charge extraction in metal-perovskite-metal back-contact solar cell structure through electrostatic doping. The proposed design yielded a 59.4% improvement in power conversion efficiency over previously reported structures.
Relectrify said its new storage system is suitable for commercial and industrial applications and is designed for installations in the 120 kWh to 2 MWh range.
Goodwe and Irico have both announced rising revenue and profits for the fiscal year 2020. Zhonghuan Semiconductor intends to produce thinner wafers to respond to increasing polyisilicon prices. The southwestern province of Yunnan wants to add another 15 GW of clean energy to its power generation mix.
The mini panel has a surface of 10 cm². It was built with a manufacturing technique that is claimed to be compatible with the integration of perovskite into heterojunction silicon solar cells in tandem architecture.
The US researchers claim to have achieved the remarkable result by adding a special conductive layer of tin dioxide bonded between the conductive layer and the perovskite material. They also improved the perovskite layer special additives that do not alter the material’s bandgap.
The inverter business will use some of the proceeds to buy back notes due to mature in 2024 and 2025.
According to German scientists, the quality of the photoluminescence quantum yield of the perovskite layers can be reliably and precisely determined for the first time. It shows that the promising material has more potential for optimization than previously assumed.
According to the German manufacturer, the TS-I HV 80 can combine a wide variety of applications such as optimized self-consumption and intelligent peak load capping.
German energy company Steag is helping Thyssenkrupp decarbonize its steel production site in Duisburg-Walsum. Green hydrogen generation is expected to be powered by a mix of wind and solar power.
Solavio Labs has already held three funding rounds to support the development of its new panel-cleaning robot.
U.S. scientists assessed the reuse and recycling of large-format lithium-ion batteries for electric vehicles and energy storage systems and found there is plenty of room for improvement.
Through the operation, Shell wants to consolidate its position in the virtual power plant market.
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