While China is single-handedly reducing CAPEX for modules and inverters, Europe understands that hardware won’t be the holy grail – generally speaking. But what is? Perhaps it is time for a new strategy to surf in front of the digital wave.
Vietnam had already successfully commissioned 1.5 GW of utility-scale PV at the end of May this year, and there is no sign of this slowing down, with another 2 GW teed up for June 2019. The breakneck speed in development is making Vietnam a powerhouse in the region in installed capacity, even nipping at the heels of Australia. Rystad Energy’s Minh Koi Le looks at the state of play in the Vietnamese solar market.
In 2019, the United States will become the world’s largest market for grid-connected battery energy storage, writes IHS Markit’s Camron Barati, as solar-plus-storage and peaking capacity requirements drive increased procurement.
In the wake of the 2019 SNEC trade show in Shanghai, PV InfoLink chief analyst Corrine Lin delves into the new cell and module technologies that were exhibited at the show.
As uptake of electric vehicles (EVs) increases, the EV battery market represents an opportunity for European players. McKinsey assesses the potential and looks at factors guiding the location of production capacity.
The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.
Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
Three different retail electricity providers in the United States have announced new programs to provide customers the option to buy 100% renewably sourced electricity, with one of the three even coming at no additional cost.
The procurement exercise, which closes tomorrow, will be open to projects larger than 500 kW in size. The results will be announced on September 3.
In the latest installment of pv magazine’s renewable energy and geopolitics series, Indra Overland says a new mindset is necessary to understand the geopolitics ahead as the rules of the fossil fuel era will no longer apply. A renewable world will have fewer strategic locations and bottlenecks and less territorial competition.
The Indian state of Karnataka has snagged the top spot on the Ministry of New and Renewable Energy’s State Rooftop Solar Attractiveness Index.
U.K. developer RES Group has obtained approval to build the 200 MW Avonlie Solar Farm in the Australian state of New South Wales.
The picture that Walmart is painting of Tesla/SolarCity installation and O&M practices in its U.S. lawsuit is not a pretty one.
IndianOil is the nation’s largest refiner and supplies almost half of Indian demand. In its latest annual report the company has outlined plans to make electric vehicle charging points a feature of its petrol stations.
The Indian Institute of Technology (IIT) Kanpur has issued an expression of interest to set up three solar-backed microgrid projects in the Indian state of Uttar Pradesh. The deadline for submissions for prospective developers is Aug. 30.
Engie has raised eyebrows with the installation of several solar benches in Biarritz, southwestern France, as a local official has asked citizens to avoid sitting on them for long periods of time in order to keep their energy yield up. But the authorities over in Cannes are clearly impressed, as the municipal government in the French Riviera resort town has also revealed plans to buy more of the PV benches, which are designed by Croatian startup Include.
The improved performance was achieved by using a methylene bridged material, the molecular dye DfZnP-iPr.
Traditional solar cookers concentrate sunlight on mirrored surfaces and convert it into heat. But this summer, Sunspot unveiled Sunspot Solar Electric Cooking, a new cooker based on PV technology. The system relies on two PV modules, a lead-carbon battery, an inverter, and an induction cooktop.
MIT researchers say climate change could reduce the yield of solar modules. Analysis based on the warming scenarios outlined by the IPCC predicts in some areas the annual energy output of PV systems may fall by up to 50 kWh per kilowatt installed.
The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
Meyer Burger’s new chairman has acknowledged that the outlook remains tense for Europe’s largest solar equipment supplier, but he is urging shareholders to support the company’s plan to reposition itself to focus on high-yield technologies and markets beyond China.
Solibro GmbH is expected to make the move this month, according to a German media report. The company has yet to publicly confirm the move.
The state-owned State Power Investment Corp Ltd has received a bid of 25 cents per watt for monocrystalline panels in a tender to procure 3.04 GW of PV module capacity.
The latest figures show the solar policy vacuum, and related dearth of demand in China earlier this year accelerated price reductions for cell makers. Although prices are expected to rebound in line with renewed thirst for solar in China, cell makers such as Tongwei are feeling the pain.
The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.
Australian Vanadium and Metrowest Power Systems have signed a non-binding memorandum of understanding to look at energy storage opportunities in Australia using vanadium redox flow battery technology.
Australian banking and financial services giant ANZ has extended its collaboration with Sydney-based Clean Energy Finance Corp. via an additional $67.7 million financing commitment to help the nation’s businesses cut energy costs and reduce carbon emissions. The bank is also offering financial discounts for upgrades and new investments in solar PV, energy storage, electric vehicles and other technologies.
The country’s agency for rural electrification is seeking proposals for a 1.3 MW solar project and a 1.5 MW/2 MWh storage system.
The Dubai Water and Electricity Authority will use energy from the gigawatt-scale Mohammed Bin Rashid Al Maktoum Solar Park to provide a new hydropower plant with pumped storage capacity. The state-owned utility has announced a number of innovations for the project in recent months, including plans for hydrogen and large-scale storage capacity.
The California Independent System Operator has warned state regulators that there could be a 4.7 GW capacity shortfall in 2022, in the early evening hours of the annual peak demand events of September. The grid operator has suggested the alteration of water cooling laws, as well as increased procurement of resources.
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