Tesla’s Nevada operation is still open for business, though. The EV and battery maker has assured the market its cash position is strong enough to weather an “extended period of uncertainty”.
Electrolyzer manufacturers are in agreement on the goal of rapidly reducing investment costs, mainly through economies of scale. Some are embracing large units, while others are betting on quantity over size. The first approach is attractive for operators of large PV plants, while the latter is better suited to operators of small systems.
Manufacturing operations in China are beginning to return to normal, with Taiwan-based research firm PV InfoLink reporting 80% capacity utilization across the supply chain in March. But the broader impact that Covid-19 will have on global demand for PV remains to be seen, and will depend on the extent to which the outbreak can be contained, says PV InfoLink chief analyst Corrine Lin.
Byron Bay-based solar retailer Smart Energy says it is seeing an unprecedented surge in sales and enquiries for solar and home energy storage as consumers look to shore themselves up in uncertain times.
Chinese manufacturer Risen Energy will supply Malaysia’s Tokai Engineering with 20 MW of its new panels, unveiled in December. Risen claims its products can help reduce balance-of-system project costs by 9.6% and the levelized cost of energy by 6%.
The meeting planned yesterday to open the final bids by consortia vying to develop the 1.5 GW Al-Dhafra solar field in Abu Dhabi was reportedly postponed because coronavirus-related restrictions on public gatherings in the emirate. The chairman of the Abu Dhabi Department of Energy told pv magazine this year the project would bring a new low price for solar power.
Contracts to build solar PV plants usually contain a performance warranty to ensure that the owner receives an asset that delivers the agreed-upon minimum performance level. But can warranties and assessment methodologies guarantee that plant performance is being correctly assessed? The answer is not entirely straightforward, writes Felipe Canto Teixeira, a partner at Everoze.
According to data released by analyst Wood Mackenzie and the Solar Energy Industries Association, the U.S. added more than 2.8 GW of residential solar last year. Cumulative operating PV capacity now tops 76 GW.
The country’s top appeals court has dismissed the Coal Transporters Forum’s long-running effort to nullify 2.3 GW of power purchase agreements which financially troubled utility Eskom signed with solar and wind developers in the country’s fourth national tender round years ago.
The battery and renewable energy industries are facing increased scrutiny for their human rights impacts. In December, U.S.-based technology and electric vehicle companies were named in the first lawsuit seeking to hold downstream companies responsible for allegedly aiding and abetting child labour in cobalt extraction in the Democratic Republic of the Congo (https://bit.ly/2UgQPgZ). Energy storage technology, such as batteries, is increasingly developed alongside solar and wind-powered electricity generation. This means the battery industry’s material risks are now of direct concern to a broader group of companies involved in the global transition to a low carbon economy.
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