SunPower accesses $1bn in residential solar and storage loan capital from credit union
The cash injection from Tech CU will fund the installation of ‘tens of thousands’ of the Californian manufacturer’s solar panels on residential rooftops over four years, according to the company.
Energiekontor secures third solar PPA in Germany
The German solar developer has secured a power purchase agreement from French energy giant Engie, which has agreed to buy electricity from a 41.5 MW solar plant under development in the Mecklenburg-Vorpommern region.
Tackling climate change with machine learning: The power of entrepreneurship
The importance of start-ups and climate tech companies in advancing the use of machine learning to combat climate change was emphasized at a recent online workshop.
Storing solar and wind energy with compressed air
Researchers have studied the potential of using compressed air to store renewable energy in offshore saline aquifers. The technology could hold 77-96 TWh for up to two months in British waters, although the costs have proven hard to pin down.
Bangladeshi solar module companies seek Covid-19 stimulus package
Industry representatives call for a $59 million, five-year package of grants, loans and tax incentives from the government after Dhaka extended a coronavirus-driven industrial shutdown into the middle of the month.
Obligatory temperature testing: How Covid-19 is changing the boardroom
Chinese solar project developer GCL New Energy revealed in its latest update in a drawn-out project sale saga how coronavirus measures will affect corporate gatherings.
LCOE from large scale PV fell 4% to $50 per megawatt-hour in six months
Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.
Solar, wind and hydro resilient during Covid-19 crisis
A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.
Despite solar woes, Tesla recorded its first profitable Q1
Tesla finished the first quarter of 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.
Cost-effectiveness of PV module cooling techniques
Researchers in Malaysia have proposed a new method to determine the best way to design PV cooling systems. They will rank cooling technologies by manufacturing costs and expected panel output.
