Markets & Policy

Yinson will pay Rs 554 million ($7.3 million) for a stake in New Delhi-based Rising Sun Energy, which operates two PV plants in the massive Bhadla Solar Park in the Indian state of Rajasthan.

The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.

The electronics brand said the project will be its largest engineering, procurement and construction order for a solar plant. Facilities on such a scale are rare in Japan because of land constraints.

Scientists in the United States have developed a carbon nanotube method of fabricating a lithium-ion battery with a silicon anode. The device reportedly demonstrated better than 87% capacity retention after 1,500 cycles. The developers say their discovery overcomes many of the obstacles to the use of silicon as an anode and could open up the use of other materials for electrodes in lithium-ion devices.

Minister of the Ecological and Inclusive Transition Elisabeth Borne told a teleconference of renewables representatives the results of a recent slew of clean energy tenders which allocated 1.7 GW of generation capacity and also revealed new measures being taken to support the industry.

Australian company Infinity Lithium has signed a memorandum of understanding with the European Battery Alliance to promote its lithium mine project in San José, Extremadura. It would be the first lithium project to obtain European financing but has already raised the hackles of local environmentalists and residents.

French developer Qair will start building a 5.8 MW floating solar array later this year on a lagoon on the East African nation’s main island. It claims the installation will be the world’s largest floating PV project to be built on saltwater upon completion.

The Australian peer-to-peer energy trading pioneer has revealed the world’s biggest “choose your own energy source” project in France.

pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.

The Dutch government is planning to reduce tariffs by 9% annually from 2023 to 2030. The plan should still ensure a reasonable payback time for homeowners willing to go solar, according to the authorities.