Covid-19 weekly round-up: Differing opinions on energy storage fall-out, a trade show update and some surprisingly positive financials
Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.
Plans for Norwegian graphite battery factory
Norwegian polysilicon maker and silicon business Elkem is planning to build a manufacturing facility in Herøya.
The ‘rubber-band effect’ on renewable energy project margins
David Riester of Lacuna Sustainable Investments, looks at how, on the journey from concept to monetized power plant, renewables and energy storage projects tend to get tugged toward ‘zero’ margin, from either direction. The further the rubber band is stretched, the stronger the pull back toward zero.
New membrane promises cheaper electrolysis
A novel anion exchange membrane has been developed by German chemical company Evonik. Its creators claim it can make hydrogen generation cheaper, as the cells used for electrolysis featuring the device would not require precious metals.
Energy storage investment to approach $10bn in 2025
Analyst IHS Markit has predicted storage will rebound this year following its first year-on-year decline in 2019. The technology is being rolled out at pace despite Covid-19 with state-level policies set to keep the US the global capital for the next five years.
Analysis of Ireland’s first renewables auction
Harsh Goenka, from solar forecasting company Solargis analyzes the results of the nation’s first clean energy tender for pv magazine after the procurement exercise secured an average solar electricity price of €72.92/MWh.
Mexican regulator opposes solar energy communities and storage
With the government having already introduced measures which will reduce the volume of renewables in the national energy mix, further new provisions will restrict the deployment of energy storage and the ability of solar energy generators to sell excess power to nearby consumers.
Energy deal activity down in the Americas but renewables show strength
An Ernst & Young report has found power and utility deals fell off markedly in the Americas during the first half of the year because of the Covid-19 pandemic but commitment to clean energy investment appeared to remain strong.
The PV world 10 years ago – Summer Series Part VI
pv magazine editor Pilar Sánchez Molina takes a look at PV sector news from 10 years ago as part of an ongoing series. These insights bring back memories of an exciting, challenging period, while pointing to where we might be in 2030.
Chad considers construction of 200 MW solar-plus-storage plant
The minister of finance and budget and the minister of energy have signed a memorandum of understanding with Argentina-based Alcaal Group relating to the feasibility studies of a photovoltaic plant with a capacity of up to 200 MW with large storage capacity on the outskirts of the country’s capital.
