In its second quarter earnings statement, the company said it expects volume and margin improvements in its residential business to continue, with Q3 volume expected to top 40% compared with 2020.
Chiyoda Corporation and Mitsubishi Corporation to conduct a joint feasibility study for a commercial-scale import of hydrogen from overseas sources to one terminal in the port of Rotterdam. Furthermore, the UK government said it wants to produce produce hydrogen from nuclear and Japan’s automotive manufacturer Toyota Motor is looking into geothermal potential for hydrogen production.
Maxwell Technology is planning to raise RMB2.3 billion (US$356 million) for a new HJT equipment production base in Suzhou City, Jiangsu province. Furthermore, Ginlong has reported its profits grew by more than 100% in the first half of the year.
Maui’s electric power grid is expected to operate with 100% solar and wind on an instantaneous basis as early as 2024, and NREL is helping the island plan to reliably supply electricity.
In June alone, new PV systems totaling 430 MW were connected to the German grid. The country’s cumulative operational PV capacity reached 55.3 GW at the end of June.
Solar developer NEFIN and electric company Tuas Power have tabled a joint bid to secure the rights to supply 100 MWh of ‘zero-carbon electricity’ from Malaysia to Singapore and said they initially intend to use “brown power” to secure supply during non-solar-generation hours.
There is also news of a 1.1 GW central inverter procurement contract, a pending IPO for solar cell player Runergy, and a $700 million-plus solar glass supply contract.
Plus there is news this week of a green hydrogen tie-up in India, plans for another German production facility, and of new hydrogen transport networks for Switzerland and the U.S.
Mining giant BHP has taken another step on the path towards a renewable energy future, commissioning a 48.2 MW solar-plus-storage hybrid power facility that will help power its Nickel West mining operations in regional Western Australia.
The U.S.-based manufacturer is planning a vertically integrated thin-film solar module manufacturing facility in India. The factory will likely be built in Tamil Nadu and become operational in the second half of 2023.
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