Analyst expects ‘unprecedented’ consolidation of Chinese solar industry
PV manufacturers unable to live with proposed new quality guidelines and project developers alike are set to be squeezed out by the state in the world’s biggest solar market, according to Frank Haugwitz, who has compiled a market update as preparations for the next five-year plan gather pace.
India set to add 15 GW of wind-solar hybrid capacity in five years
Almost 10 GW of hybrid generation capacity is already under implementation despite the nation having only 100 MW of combined wind and PV projects at present, according to analyst Crisil.
Finland to stabilize grid with 30 MW/30 MWh battery
The Yllikkälä Power Reserve One project will be one of Europe’s largest storage installations and the biggest in the Nordic countries. French developer Neoen will deploy the big battery close to Lappeenranta in the southeastern part of the country.
Panasonic, Span team up for home battery backup and energy management
Span’s ambition is to “transform the electrical panel into an intelligent gateway” and expand the adoption of solar and electric vehicles, as well as storage systems like Panasonic’s residential battery.
New 3.6 GW PV-powered hydrogen project announced in Australia
Austrom Hydrogen, a newcomer to the Australian renewable energy scene, has unveiled plans to develop a large solar project, battery storage system, and hydrogen generation facility in Queensland.
Historic-low interest rates will power ahead astonishing solar cost reductions
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
Thyssenkrupp increases annual electrolyzer capacity to 1 GW
The German conglomerate’s electrolyzers boast efficiency levels of up to 80%. The modular devices can be connected to form plants of almost any size.
Lithium battery for low- and high-voltage storage
Dubai-based Weco has unveiled a new lithium battery solution that can operate in parallel as a low-voltage storage system or in series as a high-voltage battery with no hardware changes. The batteries can be mounted on walls or set up in a stack configuration.
Demand for gas-guzzling SUVs surges in China as electric car sales plummet
The market last month saw a sharp rebound in the sales of traditional, internal combustion engine vehicles as Covid-19 restrictions continued to ease. Analysts have predicted a similar rebound in Europe as the continent emerges from the public health crisis.
EV batteries providing grid stabilization services at Italian car factory
Fiat Chrysler has begun construction of a vehicle-to-grid pilot at its Mirafiori manufacturing facility in Turin. The project, which also includes 5 MW of PV, will eventually become a virtual power plant.
