IHS Markit’s analysts have mapped out what they are keeping an eye out for in the year ahead. Aside from higher installation figures, the number-crunchers predict a continued battle for multi-function in the hard-fought inverter segment and a potential watershed year for utility-scale storage.
Unimpressed by last year’s China policy-related shenanigans, the inverter maker continued to grow at a rapid pace as it acquired storage, uninterruptable power supply (UPS) and e-mobility related businesses. Its full-year results place SolarEdge in a good position going into a more promising year, with solar installations expected to hit double-digit growth figures in many markets and reach 120 GW globally.
The International Renewable Energy Agency has examined how common ground between sectors; digitalization; and technological innovation can transform the energy system and lower the cost of renewables. Storage technologies such as behind-the-meter applications, utility-scale storage and power-to-x are working in the right direction and much can be learned about digitalization from other sectors.
Plans were broadly sketched out in the nation’s twelfth five-year plan, in 2008. Since then China’s Defense Science and Technology Bureau has supported key technology research. An initial, megawatt-scale project is planned in the stratosphere sometime in the 2021-2025 period.
With its investment, the energy company has broadened its portfolio of ways to help customers save on energy bills. There are multiple energy companies pursuing similar goals at the moment as distributed generation and storage solutions require utilities to find new business models; not the least to avoid grid expansion costs.
A new approach could extract carbon from polyethylenes in a cost-competitive way, that could be scaled up. Researchers have also performed electric testing with the extracted carbon and found it suitable for use as anodes in Li-ion batteries, among multiple other uses.
Black Sea and European lenders have loaned €19.1 million each to a 57 MW solar plant in southern Ukraine, as the country scrambles to renew its electricity sector. The EBRD is committed to lending €250 million to renewables projects in Ukraine to help the country to meet its 11% clean energy target for 2020.
The Energy Storage Europe conference is nearing and pv magazine is featuring the top ten developments in the field as our Energy Storage Highlights, selected by an independent jury of experts. Having kicked off with a hydrogen fuel cell based approach to self-sufficient living in Switzerland, we continue our ranking with DNV GL’s bid to map the vast battery storage landscape, helping buyers make decisions.
France is set to have a near-3 GW annual solar market for the next six years from tenders alone and energy giant EDF wants a 30% piece of the action. To do so, the utility has entered negotiations with Luxel shareholders to acquire the PV developer.
Despite solar’s explosive growth, the bloc is unlikely to meet its 20% clean energy target. Transport in particular remains a drag, with slow adoption rates for alternative fuels. Wind power supplanted hydro as Europe’s largest renewable electricity source.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.