Hanwha commits to US manufacturing across the supply chain
Hanwha Solutions becomes the largest shareholder of REC Silicon and, pending passage of SEMA, commits to a multi-phase, multi-billion-dollar expansion across the full solar energy supply chain.
Commissioner experiences anger of MEPs at definition of gas and nuclear as sustainable
Members of the European Parliament accused Mairead McGuinness and the EU executive of insulting their institution by reversing their vote not to include nuclear in the sustainable investment taxonomy. The commissioner said the divisive energy sources will be needed to keep the lights on.
JinkoSolar shipped 25.2GW of PV products in 2021
The Chinese module manufacturer saw its sales and turnover increase significantly in the past financial year. The company said it is benefiting from increasing demand for n-type products worldwide, and also for distributed generation systems, with which higher returns can be achieved.
South Korea’s first renewables-linked PPA
Korean beauty products supplier Amorepacific has agreed to buy electricity from 5MW of renewables operated by LNG provider SK E&S. The 20-year deal is South Korea’s first step into unsubsidized renewable energy development.
US legislation introduced to build renewable energy ‘superhighway’
Sen. Ed Markey’s Charge Act requires forward-looking transmission planning by utilities to lower prices and improve reliability. Among other sweeping changes, the bill requires hourly operational and greenhouse gas emissions reporting in a timely manner.
Tesla opens gigafactory in Germany
The first Model Y electric cars have rolled off the assembly line at the US electric car manufacturer’s first European factory.
Chinese PV Industry Brief: China tops 315GW of solar
Elsewhere, Longi will buy 203,600 tons of polysilicon from Chinese Tongwei, and the Chint Group is planning to deploy 1.6GW of distributed solar across four provinces.
Romania invests in PV cell and panel supply chains
A lack of trained personnel, slow overhaul of PV rules, and a weak electricity grid could slow the emergence of solar as a solution to diminish Romanian dependence on Russian gas. The next two winters will be critical.
Upgrading US transmission lines could enable 27GW more renewable power per year
“Advanced conductors” can deliver more electricity than conventional transmission lines, using existing transmission towers. Renewables trade group ACORE calls for greater use of advanced conductors, “to accelerate low-cost decarbonization.”
Invasion of Ukraine an inadvertent boost for green hydrogen
Rystad Energy has joined BloombergNEF with a significant forecast for gray and blue hydrogen off the back of Russia’s invasion of Ukraine. According to the analysts, the impact of the war has sent prices of fossil fuel-tied forms of hydrogen production surging, leaving the gradual but consistent downward price trend of green hydrogen now looking remarkably competitive.
