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.
Elon Musk is trying just about everything to reimagine the solar business. But will this one work?
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 Australian arm of global mining manufacturer Molycop has signed a long-term solar-wind offtake deal with electricity retailer Flow Power. Under the new partnership, Molycop will gain access to the ARENA Demand Response program.
The nation’s roofs could host up to 655 GWp of solar generation capacity a recent solar mapping exercise found. But a wider understanding of the benefits of solar, combined with incentives, would be required to unlock a potentially transformative energy development.
The power company has launched three procurement auctions for a total of 2.9 GW of power generation capacity. Renewable energy companies are among the bidders to have expressed interest in providing electricity.
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 20 MW plant will feature 62,750 solar panels. Installer Perpetum Energy plans to commission the project in the spring of 2020.
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.
Researchers have developed a high-resolution geospatial method of assessing the solar potential of all buildings in the EU and concluded rooftop PV could provide a quarter of the bloc’s electricity needs. The scientists say grid parity for rooftop solar has been reached outside eastern member states with cheap fossil fuel electricity.
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.
Deploying commercial and industrial PV in China without subsidy is already profitable in some areas, according to a new study, but prohibitive soft costs and cheap electricity are the main barriers for such installations in areas where grid parity remains out of reach.
A research team from Columbia University has designed organic molecules that can produce excitons with a longer lifecycle than inorganic equivalents. The excitons have the potential to amplify the amount of electricity generated by the photons a solar cell absorbs.
A new method of creating an ordered mesh of nanowires, developed by scientists at the Lawrence Livermore National Laboratory in the United States, could lead to the creation of more efficient transparent electrode layers in solar cells – and the elimination of a rare material from the manufacturing process.
The manufacturer has been unable to get its new mono ingot and wafer making facilities up to full speed and says the delay in confirming Beijing’s new solar policy this year also affected its bottom line.
The manufacturer says its Kwafoo product improves efficiency and, if used in the optimal p-type PERC type of panel, could boast a module output of 610 W.
The module manufacturer and project developer struck a bullish tone as it announced further project sales, higher module selling prices, a transition to entirely PERC module output and ramped up production capacity.
To develop cost-competitive solar modules the nation must adopt a phased program and set up 15 GW of silicon-ingot-to-solar-module manufacturing capacity by 2024, according to The Energy and Resources Institute.
The High Court has approved plans for the Chinese state-owned power company to reassume control of its Hong Kong-listed solar project development business.
AC Renewables, the energy arm of Philippines’ Ayala Corp, and Australia’s UPC Renewables have agreed to buy 51% in a 250 MW pumped hydro project and a neighboring 300 MW solar project, both located in South Australia.
Ireland appears ready to embrace PV after years of failed announcements. Globaldata predicts the EU member state will deploy around 1.3 GW of solar by 2030, with renewables potentially meeting 65% of electricity demand. Furthermore, Irish Water has announced it wants to deploy solar at its water treatment plants.
The energy storage market is set to be the latest affected by Trump’s trade war as lithium-ion batteries were excluded from the group of Chinese imports for which the U.S. president announced tariffs would be delayed until December 15.
MIT scientists have developed a class of liquid electrolyte with properties they say could open up new possibilities for improving the performance and stability of lithium batteries and supercapacitors.
Holders of almost two-thirds of the miner’s Hong Kong listed stock voted down a proposal to issue new non-Chinese shares that would dilute their investment by around a quarter. The board had proposed the move to raise funds for further lithium extraction overseas.
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