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Energy Storage

Covid-19 weekly round-up: It is still unclear how the crisis will play out on various solar segments, although one US installer says business has never been better…

Module price falls driven by the energy demand slump and Chinese oversupply may reverse at the end of the year, Germany appears immune to the Covid rooftop curse and emergency funding has been offered up to EU businesses affected by the crisis.

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China reaches 1.7 GW of electrochemical storage capacity

According to new numbers released by the China Energy Storage Alliance, the country’s storage capacity topped 32.4 GW at the end of last year. The association said the storage market is expected to continue to grow steadily in the years ahead.

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Israel wants another 15 GW of solar by 2030

Energy minister Yuval Steinitz has announced the country’s 2030 renewable energy target will rise to 30%, with solar expected to account for the lion’s share. Approximately $23 billion more clean energy investment is envisaged this decade.

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PPA signed for solar-wind-storage microgrid on Saint Helena

Pash Global, a subsidiary of multinational commodities trader Trafigura Group, has signed a renewables power purchase agreement for a project on the British overseas territory of Saint Helena. The microgrid will help the South Atlantic island’s aim of investing in renewables, reducing diesel dependence and increasing fuel security and price stabilization.

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Siemens and Engie plan 12 MW green hydrogen and gas project in France

A €15.2 million power-to-X-to-power hydrogen storage facility is being planned in Saillat-sur-Vienne, in Nouvelle-Aquitaine. The project partners want to use renewable energy from the grid and water to produce and store electrolyzed hydrogen. It would then be mixed with natural gas to power an upgraded, 12 MW Siemens SGT-400 industrial gas turbine which previously generated steam for local manufacturing and would be able to return power to the grid to meet demand.

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Northvolt and aluminum company plot Norwegian EV recycling plant

The sustainable lithium-ion battery manufacturer wants to secure raw materials to recycle into its products and will tap one of the world’s most advanced electric vehicle markets for its end-of-life batteries.

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Electric aircraft engines could take to the skies over Australia

Zero-emission, low-cost regional flights with just eight other sanitized folk and a disinfected pilot! Yes, Covid-19 is warping our view of the future but the successful electrically-powered maiden flight of a Cessna Caravan last week offers the potential for new modes of transport to support a wider economic recovery in Australia.

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Spain and Italy are European renewables investment hot spots, says CEO, and Mexico really should be too

pv magazine spoke to Mark Jones, chief executive of privately-owned clean energy investment company Susgen about where the newly-launched business is looking to spend the cash pile it has allocated for big, early-stage project pipelines.

Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down

Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.

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Software developer claims its platform can unlock a distributed generation world

U.K.-based Power Transition today launched a crowdfunding exercise to raise the £300,000 it says it needs to scale up its blockchain-based, peer-to-peer energy trading platform beyond a 47-home demonstration project.

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