The new factory should begin production within six months and serve the company’s cell and module assembly factories in Malaysia, as well as the module assembly facility in the United States.
The auction will be officially launched on Tuesday and will also include a quota for small scale projects.
The switch from fossil fuels and nuclear will bring a jobs dividend thanks to the greater labor-intensity of renewables plants, according to a paper published by Finland’s LUT. However, the jobs dividend is unlikely to be evenly spread around the world, with Europe set to be a big winner.
The Sudair Solar PV plant is the first project under the renewable energy program run by Saudi Arabia’s Public Investment Fund. The facility is owned by energy giants ACWA Power and Aramco, as well as electricity holding company Badeel.
As solar and wind make up larger portions of the energy mix, energy storage is becoming an increasingly important piece of the puzzle in keeping electricity networks running smoothly. And as battery costs fall, new business models are emerging to increase the value of battery energy storage projects for both grid operators and project owners. Focusing on two leading countries – the United Kingdom and Australia – pv magazine looks at what’s in store for large-scale energy storage.
Canadian Solar also reports solid Q2 results, with PV shipments reaching 3.7 GW and revenue totaling US$1.43 billion.
Oman is expanding its network to become a hydrogen hub and the Massachusetts Institute of Technology (MIT) has published a practical guide for generating hydrogen using scrap aluminum. Furthermore, BP and Mitsui have separately announced more blue hydrogen projects.
Solar’s share in the installed 100 GW renewable energy capacity stands at around 44%, and wind at 40% as per the data available from India’s Central Electricity Authority.
German scientists have applied a new combination of cathodes and electrolytes to improve the stability of lithium-metal batteries. They fabricated a device with an energy density of 560 watt-hours per kilogram and a Coulombic efficiency of 99.94%.
The operators of Australia’s largest solar farm have turned to a software-based bidding solution as they seek to optimize dispatch and manage the facility’s market trading and power purchase commitments amid increasing market volatility.
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