US scientists have improved the performance of intermediate-temperature electrolyzers based on protonic ceramic electrochemical cells. Germany and India have signed a hydrogen cooperation deal, while ArcelorMittal has tested the use of green hydrogen in the production of direct reduced iron at a steel plant in Canada.
Germany’s cumulative installed PV capacity for all subsidized and unsubsidized PV systems stood at around 58.2 GW by the end of March.
Nasdaq-listed ReNew Power has signed power purchase agreements for 1.5 GW of new utility-scale PV capacity in Rajasthan. It will also build around 0.5 GW of renewables for corporate customers.
Maoneng has unveiled ambitious plans to build a giant solar farm and battery energy storage facility in Australia.
Shell has signed an agreement to acquire Solenergi Power, an Actis company that owns 100% of Indian developer Sprng Energy. The transaction, valued at $1.55 billion, is expected to close later this year.
The financial risk of investing in photovoltaic systems is increasing. This is because the yield forecasts on which profitability audits are based are increasingly too optimistic. One reason for this could be the handling of so-called PAN files, reports pv magazine Deutschland’s Marian Willuhn.
A Chinese industry group has reported rising polysilicon prices and supply chain problems ahead, but GCL Technology said this week that strong polysilicon and wafer prices were the reason its business performed strongly in 2021.
In other news, BYD’s quarterly profit is up by 241% buoyed by demand for battery-powered cars, Ford takes a US$3.1 billion loss on its Rivian stake and cuts 580 jobs as part of corporate restructuring, and ABB agrees to provide its full portfolio of EV charging technology to Shell.
Swiss PV module manufacturer Meyer Burger has decided to achieve its capacity expansion targets by focusing on its German factories, in reaction to ongoing global logistics problems and supply chain issues.
OCI will supply polysilicon from its manufacturing facility in Malaysia, which is expected to have an annual capacity of 35,000 metric tons by the end of June.
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