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Neoen completes financing for 100 MW/200 MWh battery in Australia

French renewables developer Neoen has completed the financing for its 100 MW/200 MWh "Capital Battery" in Canberra, Australia. It said the project is now on track to be operational in the first half of 2023.
Technology

Iron-air battery startup nets $450 million investment

Boston-based startup Form Energy has raised $450 million in a new Series E financing round.
Electric Vehicles

Solar-powered synthetic kerosene could be vital bridge to zero-emission flying

A study of the investment and innovation needed to achieve the European Green Deal's aviation ambitions has highlighted the key role that synthetic fuel can play until hydrogen and electric flights become a reality.
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Markets & Policy

EU member states could use emergency energy measures to penalize solar

SolarPower Europe has called on EU nations to apply a blanket €0.18 ($0.18)/kWh cap on the revenue generated by low-margin power plants, even though Brussels has given member states the freedom to apply different rates to different types of power plant...
Installations

Agrivoltaics for vineyards

Developers recently commissioned two different wine-related agrivoltaic projects in Europe.
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Markets & Policy

European PPA prices rise to €0.1078/kWh

Pexapark says that around 412 MW of renewable energy projects in Europe secured power purchase agreements in August.
Energy Storage

The Hydrogen Stream: Biotech startup targets hydrogen production from depleted wells at $1/kg

Cemvita claims it can produce hydrogen at the "lowest possible cost,” Deutsche Bahn and Fortescue Future Industries have announced plans to jointly modify diesel engines for locomotives, and the Canadian province of Alberta has started promoting its hy...
Energy Storage

Panasonic brings air-to-water heat pumps to Europe

Panasonic's new heat pump can supply domestic hot water, heating and cooling from a single, integrated unit. It can also synchronize with the Japanese company's PV panels and its CZ-NS4P technology printed circuit board technology, while also ensuring sm...

Press Releases

Equinor’s first solar plant in Poland ready

The construction of the 58 MW Stępień solar plant in Poland is completed, and the plant is ready for operation. Stępień was developed and will be operated by Wento, Equinor’s 100% subsidiary.

Equinor confirms the construction of its first commercial battery storage asset

Equinor approves final investment decision on the Blandford Road battery storage project in the south of the UK.

Menlo Electric launches 240 MW module tender for Q1 and Q2 2023

Menlo Electric invites module manufacturers to participate in its 240MW module tender. The aim of the bid is to supplement already-contracted PV module deliveries for the first half of 2023.

Sharp and Midsummer enter into partnership for more solar business across the Island of Ireland

Sharp Energy Solutions Europe has concluded a partnership with Midsummer Ireland for industrial, commercial and residential solar power systems in Ireland.

Opinion & Analysis

Featured

Solar energy tax credits are a boon to blockchain technology solutions

The Inflation Reduction Act (IRA), signed into law by US President Joe Biden, represents the single largest investment in clean energy, GHG emissions reduction, and climate resilience in the country's history by providing around US$370 billion for green energy tax credits and other incentives to spur large-scale development of solar energy technologies to electrify the US’s digitization.

A game-changer for PPA markets

Extreme volatility and high prices recorded on energy markets, coupled with inflation, and soaring interest rates are impacting long term power purchase agreements. Still there is a way to the success and signing of contracts.

Solar power plants with smart batteries: It’s just a matter of time

At the end of 2021, the total capacity of the solar power plants throughout the world was estimated to be 940 GW. According to the forecasts of solar association SolarPower Europe, the total capacity could reach 2 TW by 2025. With the rapidly growing popularity of solar power plants, experts predict that the next breakthrough in this sector will be smart batteries. In the future, solar power plants will not be able to operate without them.

Strengthening consumer protection in the off-grid solar industry

Almost half a billion people are served by the off-grid solar industry, and a growing number of these via Pay-as-you-go (PAYGo) asset financing. For many consumers, not only is the solar product their first access to modern energy but it may also be their first access to finance. The impact of this can be huge – the 60 Decibels Energy Benchmark reveals that 92% of consumers report an improvement in quality of life after purchasing their off-grid solar (OGS) product. On the other hand, consumers of OGS are exposed to product, service, and financial risk that companies must mitigate and balance with sustainable growth objectives. 

Why is green energy infrastructure booming despite global economic woes?

The Covid-19 pandemic and resulting economic fallout have had a variety of impacts on the clean energy transition, with some sectors being more affected than others. Earlier this year, the International Energy Agency (IEA) warned of slowed progress towards sustainable energy goals due to Covid-19 and reversed progress in many areas crucial in reaching net zero, such as energy efficiency, clean cooking, or access to electricity. There is one sector, however, that has shown remarkable resilience since the beginning of the pandemic and has been able to maintain, and even accelerate, its rapid growth since 2020: green energy infrastructure.

Europe can compete effectively with Asian solar manufacturers with innovative long-term PV technology solutions

The world’s energy sector is concentrated in solar, wind, electricity transmission/distribution and hydroelectric power. For example, investment in solar power plants alone is higher than investment in natural gas, coal-fired and nuclear power plants combined. This is encouraging, but another fact is worrying: China’s exports of solar modules to Europe in the first four months of 2022 were 2.5 times higher compared to 2021. In April alone, nearly 8 GW of solar modules worth more than €2 billion were imported from China into Europe.

Covid-19

Featured

AfDB announces cheap loans to back off-grid solar in Africa

The African Development Bank has announced that European and US donors will provide $20 million of concessional loans to support pay-as-you-go solar companies in sub-Saharan Africa.

Irena gives latest update on stark chances of electricity access for all by 2030

The International Renewable Energy Agency’s latest annual report on the progress towards UN sustainable development goal seven estimates 670 million people will still lack electricity in 2030, and more than 2 billion will be reliant on unhealthy, polluting cooking methods.

Poland prioritizes renewables in pandemic-recovery plans

It should come as no surprise that clean energy spending is a big chunk of Warsaw’s four-year EU grant and loans package, given that the nation’s grid-connected solar capacity rose from 3.99 GW at the end of 2020 to 6.3 GW four months ago, according to the International Renewable Energy Agency.

Irena fleshes out chilling effect of Covid on off-grid solar

The clean power numbers published annually by the International Renewable Energy Agency provide a snapshot of the global solar market and, this year, a lot of figures were unchanged from the previous dataset, especially in the off-grid segment.

Indebted Chinese developer spells out obligations in unaudited figures

Covid-19 has left Shunfeng International’s accountants unable to publish its official 2021 numbers on time, but its estimated figures announced a net current liability of almost $155 million and a “capital deficiency” of near $140 million.

The sun is still shining on poly makers but solar developers struggling in China

Polysilicon maker Xinte is forging ahead with a huge expansion strategy just as solar developers at the opposite end of the industry continue to bleed cash.

Markets & Policy

Featured

PV prices head for a Q3 peak

Global solar demand is projected to hit 240 GW to 270 GW this year, fueled by the accelerated global energy transition. Customs figures show that China exported nearly 89 GW of cells and modules to the world in the first half of 2022. Europe dominated this demand, importing 43 GW and accounting for nearly 50% of the total. InfoLink’s Amy Fang has also observed strong growth in China’s PV market, with distributed-generation projects contributing to 30.9 GW of new installations in the first half of 2022 – a 138% increase compared to the first half of 2021.

Puerto Rico launches tender for 1 GW of renewables, 500 MW of storage

Puerto Rico’s latest procurement exercise is the second round of a tender scheme designed to allocate 3.75 GW of renewablesd capacity and 1.5 GW of storage.

Germany deployed 640 MW of PV in August

Germany’s newly installed PV capacity hit 4.8 GW in the first eight months of this year, from just 3.6 GW in the same period of 2021.

Dutch startup stabilizes Netherlands’ grid with 9 MWh battery-flywheel storage facility

S4 Energy and ABB recently installed a hybrid battery-flywheel storage facility in the Netherlands. The project features a 10 MW battery system and a 3 MW flywheel system and can reportedly offer a levelized cost of storage ranging between €0.020 ($0.020)/kWh and €0.12/kWh.

RWE to acquire Con Edison’s clean energy business

RWE has agreed to buy Con Edison’s renewables business for $6.8 billion. The combined portfolio almost doubles RWE’s operating assets in the United States to 7.2 GW, making it the fourth-largest renewables company and the second-largest US solar operator.

How long do residential energy storage batteries last?

Multiple factors can affect the lifespans of residential battery energy storage systems.

Installations

Featured

Teamwork makes the green work

In May 2018, India’s Ministry of New and Renewable Energy adopted the National Wind-Solar Hybrid Policy. Though paltry when it comes to offering incentives or preferential treatment to solar-wind-hybrid (SWH) projects, the policy aims to enable more SWH projects to efficiently utilize transmission infrastructure and land, as well as reducing variability in renewable generation and thus improving grid stability.

Australian state of New South Wales launches renewables tender

New South Wales has launched the first in a series of rolling tenders, as part of the Australian state’s plans to develop 12 GW of renewables and 2 GW of storage by 2030.

Engie, CBEA to build $60 million of minigrid projects in Nigeria

CrossBoundary EnergyAccess Nigeria has committed to invest $60 million in minigrid projects developed by Engie, in the largest such transaction in Africa. The projects will connect more than 150,000 people to electricity for the first time.

Adani Green commissions world’s largest wind-solar hybrid plant in India

Adani Green’s newest project includes 600 MW of solar and 150 MW of wind capacity in the Indian state of Rajasthan. It will sell the electricity to Solar Energy Corp. of India under a 25-year power purchase agreement at a rate of INR 2.69 ($0.012)/kWh.

How long do residential solar inverters last?

Multiple factors can affect the productive lifespan of a residential solar inverter. We take a look at solar inverters in the second part of our ongoing series.

DualSun launches 425 W all-black shingled solar panel

DualSun’s new Flash 425 Shingle all-black modules have 425 W of nominal power and a power conversion efficiency of 20.4%.

Technology

Featured

Digital finance for direct impact

As finance goes digital, apps and services are helping investors to make easier green investments: solar projects with real carbon savings, cleaner investments, and even direct investment in startups. But can people really make better green investments just from their phone? Tristan Rayner speaks to three different companies looking to make a difference.

Heterojunction solar cell based on new black silicon achieves 7.5% efficiency

Russian researchers have developed a heterojunction device based on a new wide-band black material called “black silicide.” The cell has averaged reflection (AVR) of 15% in the spectral range of 200 nanometers to 1,800 nm and purportedly can reach an efficiency of 10%.

Premier Energies unveils India’s first M10 bifacial solar cell

Premier Energies has become India’s first solar manufacturer to develop a bifacial monocrystalline silicon PERC solar cell based on the 182 mm format. The cell has an efficiency rating of up to 23.2%.

The Global South’s solar e-waste problem

An international research group has examined the structural barriers to addressing the solar e-waste problem in the Global South. They argue that the focus should be on repairing devices, rather than recycling them.

Ultra-fast synthesis of nanocomposites for sodium ion batteries, supercapacitors

Researchers in Egypt have developed a synthesis method that uses the high microwave absorbance of silicon carbide content in rice straw ash and takes just 60 seconds to produce sodium iron phosphates-carbon nanocomposites (NaFePO4-C), which can be used as sodium ion battery cathodes and as symmetric supercapacitors.

Morningstar unveils DC/AC inverters for off-grid applications

US-based solar controller producer Morningstar has launched a new line of off-grid inverters, featuring six models ranging from 150 W to 2,500 W. Production and deliveries are scheduled to start this year.

Manufacturing

Featured

Loose threads

Material sustainability is fast rising up the solar and energy storage agendas. Increasing amounts of renewables, the electrification of sectors like transport, and a critical supply chain situation are just some of the reasons why. In Q4 2022, the UP Initiative is delving into the world of resources to find out what is being done to address these challenges. Of particular interest are steel, aluminum, glass, and precious metals like silver, copper, and cobalt.

French consortium commissions solar module recycling facility

Soren and Envie 2E Aquitaine have inaugurated a new solar module recycling facility in Saint-Loubès, France.

How long do rooftop residential solar panels last?

Multiple factors affect the productive lifespan of a residential solar panel. In the first part of this series, we look at the solar panels themselves.

Adani targets 10 GW of polysilicon-to-solar module capacity by 2025

India’s Adani Solar will expand its PV cell and module manufacturing capacity to 10 GW per year by 2025, with backward integration up to the polysilicon stage.

Emmvee unveils 545 W glass-to-glass bifacial solar module

India-based Emmvee has unveiled its Sapphire line of glass-to-glass bifacial modules, with power outputs ranging from 530 W to 545 W. The modules are built with 144 mono PERC half cells and 10 busbars.

Toshiba raises efficiency of transparent cuprous oxide solar cell from 8.4% to 9.5%

Toshiba has revealed that it has improved the power conversion efficiency of a transparent cuprous oxide solar cell to 9.5%, from the 8.4% mark it reached in December 2021. It enlarged the cell and suppressed carrier recombination at the edge of the cuprous oxide (Cu2O) generation layer, which usually causes generation efficiency degradation.

Energy Storage

Featured

Acceleration across the EV value chain

Indonesian efforts to reduce reliance on fossil fuels and develop domestic production of battery energy storage materials and components are picking up pace, despite a slow start. And as Sorta Caroline reports, some of the raw materials are in place for success in Southeast Asia.

The Hydrogen Stream: Plastic Omnium to build Europe’s largest hydrogen vessel factory

Plastic Omnium has secured French state funding support to build Europe’s largest hydrogen vessel factory, while Vancouver-based First Hydrogen said it is considering investments in Europe’s commercial hydrogen vehicle sector.

Saft unveils new modular battery for time-shifting applications

Saft, a unit of TotalEnergies, has launched a new LFP battery storage system that is optimized for time-shifting applications.

China connects world’s largest redox flow battery system to grid

Dalian Rongke Power has connected a 100 MW redox flow battery storage system to the grid in Dalian, China. It will start operating in mid-October and will eventually be scaled up to 200 MW. The vanadium redox flow battery technology was developed by a division of the Chinese Academy of Sciences.

Ørsted, Energy Dome partner on 20 MW/200 MWh of CO2 batteries in Europe

Energy Dome has entered into a partnership with Ørsted to run a feasibility study on the deployment of at least one 20 MW/200 MWh energy storage facility featuring its carbon dioxide (CO2) battery technology. The first facility will have a 10-hour storage capacity and construction could begin in the second half of 2024.

Verdagy hits LCOH below $3.00/kg with commercial AEM electrolyzer module

Verdagy has reported a levelized cost of green hydrogen (LCOH) below $3.00/kg for its anion exchange membrane (AEM). The California-based company said it can now launch commercial operations.

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