Highlights

The proposal includes 1 GW of solar farms on an army training base island in the estuary of the Meghna river.

The representatives of the French solar industry have already mobilized against the controversial measure and said they are studying all possible legal actions.

A cost decline of more than 50% by the end of the decade could make green hydrogen cost-competitive with hydrogen from fossil fuels in certain industrial applications, such as ammonia production for fertilizers.

Cornwall Insight estimates Australia’s energy storage pipeline at 7 GW, although most of that capacity is still in the proposal phase. More than 900 MW of storage will be built by 2024 – far more than the market operator’s 2020 forecast.

Last week, the European Commission announced it plans to implement sustainability standards for Europe’s growing battery industry. Consultant Circular Energy Storage published a report on lithium-ion battery life cycle and recycling economics this month and its findings ask tough questions of the commission’s proposals.

A new paper from scientists at Germany’s Fraunhofer Institute for Solar Energy Systems (ISE) examines the entire history of PERC technology, from its beginnings in laboratories more than 40 years ago to today, where it represents the majority of all PV cell production. And this story is far from over, as ISE lays out a pathway to efficiencies of 26% as well as use as the bottom cell in a tandem device that it believes will keep PERC technology in mass production to 2030 and beyond.

Vena Australia has reached financial close on its Wandoan South Big Battery, thanks to ING Australia. The international bank is increasingly financing green energy projects, but this is the first standalone battery project it has financed in the Asia Pacific. Vena Energy Australia says this phase is just the beginning of a project that is to feature 650 MW of solar PV and 450 MW of battery storage.

According to the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source.

Through the transaction, Cubico acquired 47 operating assets with a capacity of 274 MW – including 167 MW of PV in Spain as well as 7 MW of solar plants in Italy –and a portfolio of solar projects under development of about 1.4 GW.

A huge renewable energy complex is planned to include 5 GW of PV capacity. Furthermore, the State Power Investment Corporation has announced a plan to set up a 5 GW heterojunction solar cell factory in Fujian province.