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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.
Through the operation, Shell wants to consolidate its position in the virtual power plant market.
A group of international investors is planning to build a 700 MW solar plant in Arad, in western Romania.
Solar pioneer Thierry Lepercq spoke with pv magazine about recent plans of the HyDeal consortium to deploy 95 GW of solar and 67 GW of hydrogen capacity in southern Europe by 2030. Record low green hydrogen prices are easily achievable as solar PV has already reached the required cost level and effects of scale in procurement and manufacturing of electrolyzer capacities will help reduce production costs, he says. Lepercq is also convinced that the consortium will begin selling solar-powered hydrogen at €1.5/kg when the initial supply to industrial customers begins in September 2022.
The central European country had its best year in terms of new PV deployment in 2020 with around 1,010 MW of installed capacity. Its cumulative solar capacity surpassed 6 GW at the end of December.
Out of the total solar installations, 78% (2520 MW) came from utility-scale PV and 22% (719 MW) from rooftops, says a Mercom India report.
Solavio Labs has already held three funding rounds to support the development of its new panel-cleaning robot.
The Portuguese utility also wants to close all its coal power plants by 2025.
Construction has commenced on the 300 MW / 450 MWh Victoria Big Battery storage facility near Geelong after the Clean Energy Finance Corporation (CEFC) provided French renewable energy developer Neoen with a $160 million funding injection.
In a U.S. study of the added renewables capacity made possible by grid-enhancing technologies, Brattle Group found that both solar and wind power would benefit in Kansas and Oklahoma through 2025.
Researchers from the Center for Solar Energy Technologies of Fraunhofer Chile have conducted a comparative analysis which shows that the lowest levelized cost of energy (LCOE ) in Chile can be achieved by a combination of large scale PV and concentrated solar power (CSP).
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.
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.
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.
Jinko Solar secured another 338 million square meters of PV glass from Flat Glass. Tongwei and Trina Solar have left the monocrystalline wafer production joint venture they set up with Longi.
Increasing prices may prompt module manufacturers to find alternatives, or at least reduce silver use in solar cell metallization, according to a recent study. Researcher Samuele Lo Piano, however, told pv magazine silver availability does not represent an issue for large scale PV. Copper-nickel alloys may offer an alternative, he added, but there could be a long wait for them to be viable.
The South Korean manufacturer has brought, to Europe and Australia, its recently launched shingled PERC panel, with an output ranging from 470 to 480 W and an efficiency of up to 20.5%. The products come with a 25-year linear power output guarantee and a 25-year product guarantee.
The module manufacturer’s new storage unit, Trina Storage, aims to create innovative solutions for the combination of photovoltaics and storage, grid services and other applications.
Dutch scientist Bonna Newmann spoke with pv magazine about the present and future of vehicle-integrated PV from a technological and economic perspective. Solar panels installed on cars could have a payback time of only three or four years and ensure 10,000 km of pure PV-generated road travel per year, she said. Furthermore, if you live in a sunny place, you can drive an electric car with solar panels for weeks during summertime, without the need for recharging, she pointed out.
The sustainable gas is among ten areas of research and innovation which would benefit from backing by the bloc, member states and industry, if a new European Commission proposal is adopted.
The Queensland Government-owned energy company, Stanwell Corporation, has announced it is from today seeking expressions of interest from renewable energy projects to incorporate into its fossil-fuel heavy portfolio.
The Puerto Rico Electric Power Authority has been ordered to procure a total of 3.75 GW of renewables and 1.5 GW of energy storage.
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