African Development Bank opens $50-60m pot for off-grid solar Covid recovery
The development lender has established a Covid-19 Off-Grid Recovery Platform with impact investors from the Netherlands, U.S. and U.K., to offer affordable loans to off-grid solar companies operating in Africa.
Panasonic launches module series compatible with its Evervolt battery
Available in four different products, the series features a conversion efficiency of 20-21.2%. Two of the panels are packaged in a sleek, all-black aesthetic.
QuantumScape records breakthrough performance for solid-state batteries
QuantumScape reported performance results this week for its solid-state batteries and their potential impact on the electric vehicle industry.
The future of power electronics is distributed, aggregated and service oriented
IHS Markit released a white paper in which the analyst outfit shared some predictions for the power electronics market. First and foremost, inverters will become smarter, and after some power outages in key markets, these devices are gearing up to take on more grid stabilizing tasks, which hitherto had been reserved for synchronous generators.
Neoen energizes 140 MW solar park linked to 3.2 MW/2.2 MWh of storage in El Salvador
The facility is now selling power to local distributors AES, Delsur, EDESAL and B&D at an average price of $ 49.55 under a 20-year PPA.
LG Chem unveils two residential battery series
LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.
World’s largest residential virtual power plant
Like Airbnb, but monetizing spare energy: “The first big step toward opening the door to a massively transactive grid.”
How to grasp the monetary value of storage
Researchers in Saudi Arabia have conducted a review of all current techniques used to calculate the monetary value of storage. They found that batteries secure the most value in providing ancillary services.
Australia to host 200 MW solar farm, big battery project
The New South Wales state government’s push toward renewable energy continues to gather momentum, as the Independent Planning Commission has approved a multimillion-dollar, 500 MW solar project.
Growing German storage market buoyed by falling prices
RWTH Aachen University and Forschungszentrum Jülich evaluated the data. It shows a growing demand for photovoltaic storage systems in 2019 and continued positive market sentiment lasting well into 2020.
