Cameroon to improve power supply with 25 MW solar projects
Energy of Cameroon wants to build two solar parks to improve power supply in the country’s northern regions. The projects will be developed by a consortium led by Norwegian solar company Scatec.
Asian battery manufacturers eye European riches on offer
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
GCL-Poly posts $141m loss in H1
The Chinese PV group recorded a loss attributable to owners of the company of roughly $141.1 million, as its solar materials division posted a loss of approximately $185.5 million.
Australia to redirect $337.8m in aid to Pacific neighbors for renewables
In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week, Australian Prime Minister Scott Morrison is set to announce A$500 million ($337.75 million) in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.
Using machine learning and cheap satellite data to design rooftop solar power
Researchers have built a tool to use cheap satellite imagery – like Google Maps – to automatically create solar designs with a 91% accuracy rate.
Car industry copper demand to surge 250% due to EVs
By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.
Deutsche Bank attempts to wind up Singyes Solar
The German lender has issued a winding up petition over a $6.27 million debt and could scupper the manufacturer’s plans to restructure its defaulted payments and be taken over by a Chinese state-backed entity.
New US study finds renewable energy storage costs need to drop 90%
Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.
Oman launches tender for 146 MW of solar-diesel-storage projects
The Rural Areas Electricity Company wants to build hybrid plants in 11 non-interconnected areas of the sultanate. The projects will have a total of 48 MW of solar power generation capacity and 70 MW of diesel and the storage component will have total installed power of 28 MW and a storage capacity of 14 MWh.
South Korea has added 1.64 GW of solar so far this year
This new development has brought the country’s cumulative installed solar capacity to more than 9.5 GW. Around 91.5% of the newly installed capacity is represented by PV systems below 1 MW in size.
