US to add 29.1 GW of large-scale solar in 2023
The US solar market is set to add 29.1 GW of new utility-scale PV and 9.4 GW of storage in 2023, according to the US Energy Information Administration (EIA). If that new capacity goes online as planned, 2023 will have the most new utility-scale PV capacity added in a single year.
Financial close for 20 MW of PV, 5 MWh of storage in Madagascar
Axian has secured MGA 47.1 billion ($10.9 million) to finance a 40 MW solar plant and a 5 MWh storage facility in Madagascar. The installation is the island state’s largest solar park.
Romania introduces new rules for energy storage
The Romanian government has issued long-anticipated secondary regulations for the deployment of storage systems.
Southeast Asia’s largest battery goes online
Sembcorp Industries has connected a 285 MWh battery storage system to the grid on Jurong Island, Singapore. It is reportedly Southeast Asia’s largest energy storage system, featuring 800 large-scale lithium iron phosphate (LFP) batteries.
Argentina launches tender for 500 MW of solar
Argentina has announced its first renewable energy tender since 2019.
The Hydrogen Stream: Honda reveals plans to halve fuel cell costs by 2030
Honda has revealed a new hydrogen strategy, while Air Liquide and TotalEnergies have announced a new hydrogen joint venture.
Only5mins! – Sunnova’s micro-utility model challenging California utilities
US residential solar specialist Sunnova is seeking approval from the California Public Utilities Commission (CPUC) for its micro-utility business model, which could potentially disrupt the state’s energy landscape. pv magazine speaks to CEO John Berger about plans to develop self-sustaining microgrids by equipping new homes and communities with solar and storage.
Only5mins! – Monetizing energy storage
Storage Hub founder Oliver Schmidt speaks with pv magazine about his outlook for battery energy storage pricing and the cost trajectory of electrolyzers. Schmidt’s new book, “Monetizing Energy Storage – A toolkit to assess future cost and value,” will be published by Oxford University Press in June.
Battery supply chain state of health
As the US Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
International players look to revive British battery gigafactory
Just weeks after announcing its intent to build a AUD 300 million ($210 million) lithium-ion battery manufacturing facility in Australia, Recharge Industries has reportedly joined a host of other bidders considering the revival of collapsed UK battery company Britishvolt. Investment could also revive plans to construct a battery cell gigafactory in northern England.
