Net zero could be 630-plus gigawatt annual opportunity for solar
Analyst BloombergNEF has gazed into its crystal ball and predicted three routes to a net zero world. The ‘green’ scenario fleshed out in its latest New Energy Outlook is bound to appeal far more to the solar industry than the alternative, nuclear or fossil-fuel-powered outcomes.
‘Polysilicon shortage will continue through 2021’
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
The Hydrogen Stream: new push from Italy, Uniper eyes Oman’s hydrogen potential
A working group including Italian energy transmission operator Snam has begun a collaboration aimed at using hydrogen to reduce emissions in the glass industry. Elsewhere, Italy-based technology provider Saipem has launched a solution for the production of green hydrogen and German energy company Uniper has signed a cooperation agreement with Oman’s green hydrogen project, Hyport.
Huge Vietnamese solar park could hit 2.8 GW within a year
An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.
The weekend read: Will the UK emissions trading system deliver on its promises?
U.K. carbon prices have looked relatively strong since the market launched in May. There is now optimism that the U.K. emissions trading system (ETS) will drive investment in renewables and green hydrogen. However, linking with the EU ETS is seen as key for the market to flourish in the longer term.
The Hydrogen Stream: What the EU’s Fit for 55 means for hydrogen
The revision of the EU Energy Taxation Directive (ETD) and the Renewable Energy Directive (RED) will also have an impact on the nascent hydrogen economy. The European Commission is currently evaluating options to create a certification system for low-carbon fuels and it may extend the EU-wide certification for renewable fuels to include hydrogen.
‘Fit for 55’ could be fit for 660 GW of solar this decade
While trade group SolarPower Europe has welcomed the EU’s emissions-reduction legislative package, it renewed calls for solar and energy storage to be mandated on buildings and urged policymakers to go even further than the stated ambition for clean power to fire 40% of European electricity by 2030.
Hydrogen-fired gas turbines vs. lithium-ion storage
According to a new study from the Massachusetts Institute of Technology, hydrogen-fired gas plants will compete with lithium-ion storage for seasonal storage and their competitiveness will strictly depend on the heat rate of the gas power plants they may replace.
China to add 619 GW of solar this decade
Indonesia will catch the eye too over the next nine years, according to analyst WoodMac, as its market grows from 300 MW to 8.5 GW.
Portable hydrogen fuel cell generator with power output of 400 W
The generator can be combined with batteries, solar panels, or small wind turbines. It is based on a proton exchange membrane fuel cell technology and is claimed to have a minimum lifetime of 5,000 working hours.
