Highlights

The Chinese manufacturer is holding out hope a boom that is expected to start imminently will help it turnaround losses that forced it to issue a profit warning last week. Getting its new production line in Qujing up to speed will help, provided the demand materializes.

The Indian state plans to achieve half the amount by 2021-22 under its new draft solar policy. The package also suggests establishing a research hub, privately financed solar parks and encouraging commercial self-consumption of clean energy.

The solar manufacturer and project developer appears to have secured a crucial rescue package funded by Chinese state-backed Water Development (HK) and has persuaded the holders of most of its $430 million in defaulted debt to accept a restructuring plan. Next up, the Hong Kong High Court.

The levelized cost of energy produced by large scale PV projects ranges from €24/MWh in southern Spain to €42/MWh in Finland. New research states that is already cheaper than the average spot market electricity price and that the figure for big facilities in southern Spain may fall to €14 in 2030 and €9 in 2050.

Mathematicians at Canada’s University of Waterloo who turned their attention to solar power have developed an algorithm they say offers better control over PV plant output. The researchers estimate the algorithm could improve the output of a 100 MW power plant by almost a million kilowatt-hours per year.

As solar comes to represent a larger proportion of the global energy mix, direct comparisons with conventional energy sources, and even with other renewables, are becoming more and more important. This is reflected in a bid by the United Nations Economic Commission for Europe’s (UNECE) Expert Group to standardize reporting on solar energy potential. Long Seng To, Royal Academy of Engineering research fellow at Loughborough University, and part of the UNECE solar energy subgroup, discusses the draft standards.

Chile is home to a massive 10.3 million tons of lithium reserves, most of which is found in the Atacama Desert in the northern part of the country. With some of the highest solar irradiation levels on Earth, this region also boasts the perfect conditions for generating solar power. Developments in the photovoltaic market, alongside implementation of more efficient energy storage systems, are positioning Chile as a regional leader in this field. So what does the future hold for battery energy storage systems (BESS) in Chile, and what obstacles lie in their way?

The managing director of London-based energy infrastructure company Statera has told pv magazine a clean energy grid in the U.K. will require as much flexible gas plant capacity as battery storage.

Tara Doyle started her career in the solar energy industry more than 15 years ago, and today serves as the chief commercial officer at PVEL, which claims to be one of the first testing laboratories to focus on bankability for the downstream PV buyer community. The lab serves developers, financiers, O&M companies, asset owners, and insurers.

India’s state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in the nation.