EVs could become key to renewables uptake and world’s largest source of battery storage
For renewables to claim a more sizable share of the global energy mix, the adoption of energy storage would need to pick up pace and the rapidly increasing size of the EV fleet will offer a scalable way to ramp up such access, says Fitch Solutions.
Eguana Technologies recruits new executives
Mercedes Benz execs join Eguana Technologies to help drive Calgary-based business’ global expansion plans.
ARENA backs corporate PPA platform aiming to drive 5 GW of Australian renewables
An AUS$500,000 capital injection from the arms-length, state-funded renewable energy organisation takes to $800,000 the amount of public money which will be donated to a $1.74m project designed to make procuring clean energy easier for business and local authorities.
Dutch battery maker signs agreement for €1.6bn Chinese gigafactory
Lithium Werks has ambitious plans for a global chain of utility-scale production lines that has secured the backing of the Netherlands government and PM Mark Rutte, as EU leaders contemplate a post-US trade future.
India added world’s second largest PV capacity in first half of 2018
The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China’s 24.3 GW.
High-yield recycling of PV modules demonstrated by EU team
A project has demonstrated the numerous advantages of PV recycling and highlighted three techniques to turn panel waste into high-value materials.
URE gets $90m financial backing from Taiwanese government
Taipei will invest in the company through its National Development Fund and government-run glass manufacturer Yao Hwa Glass Co. Ltd.
Hanwha continues tidy up of solar business with Nasdaq delisting
Hanwha Q Cells’ New York-listed business unit will come back under the company umbrella early next year, with a separate merger between two further units of the Korean conglomerate set to consolidate its solar expertise in house.
Meyer Burger to lay off 100 workers and relocate most of PV business to Asia
There may be a much-vaunted ‘solar renaissance’ in the offing for Europe, but it hasn’t come quickly enough for the Swiss PV equipment supplier, which wants to handle most of its sales and services from China.
Daqo aims to slash polysilicon price as it forges ahead with production expansion
Deal negotiated with local electric utility for cheaper energy and a comprehensive modernization program will enable the poly maker to drive down production costs even more aggressively as it bids for market share in a swollen marketplace.
