The European Commission has finalized its long-anticipated investment agreement with China. While some renewable energy businesses might benefit from improved investment security, IP protection and access to legal remedies in China, the Commission did not address the issue of Uyghur forced labor in China. As a majority block in the European Parliament had previously demanded from the Commisison to develop a firm policy to end forced labor in China, there is reason for doubt that the agreement as it stands will be adopted by the EU Parliament.
AES and Siemens will remain major shareholders and will continue to support Fluence’s long-term growth. The company currently has 2.4 GW of projects deployed or awarded across 24 countries and territories worldwide.
A team comprising researchers from the University of California San Diego and micro battery developer ZPower have developed been busy in the lab. The result is a flexible battery with highly competitive electrochemical features and the option to manufacture at low cost with screen-printing.
While Donald Trump grapples with the result of the election, Europe’s highest officials have moved on, and demonstrated new optimism for the four years ahead by setting a preliminary agenda for cooperation aimed at president-elect Joe Biden with key topics including work on renewables, battery storage and carbon pricing.
Big brands will have to put their money where there mouth is on carbon commitments, though, and the EU will have to put its shoulder to the wheel, particularly in respect of the commonly-heard call to dispense with red tape. The prize could be a call for 280 GW more renewables capacity by 2030.
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
The Chinese giant plans to further strengthen the supply chain for solar modules based on 210mm wafers by establishing joint ventures with its rival.
A number of partners are involved in a project which aims to bring down the energy consumption and carbon emissions of a beer company site using smart algorithms.
The electronics brand has announced plans for a virtual power plant aggregator JV with German specialist Next Kraftwerke ahead of the opening up of the control reserve market in Japan in April – and the planned switch from clean energy FITs to feed-in premium, top-up payments a year later.
The nation’s electricity system operator said it wanted more energy storage facilities and to procure new stability products following a big power outage last year. Some 12 months on, the country’s biggest battery storage company has rolled up its sleeves to take on a new role.
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