EU hydrogen strategy could drive 120 GW of renewables capacity
The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.
BP commits $70m to UK-India Green Growth Fund
The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
Sunrun to acquire Vivint Solar for $3.2bn in all-stock transaction
The new, bigger Sunrun will have 500,000 customers and more than 3 GW of solar power assets. Is there value in scale in residential solar?
IEA report appears to acknowledge 2050 net zero may be beyond us
A study into the clean energy tech innovation rate required to keep global heating under control may suggest concepts such as lithium-air could yet keep us to the mid-century ambition, but it is also starting to contemplate the temperature rise to be expected if we only achieve net-zero by 2070.
European consortium bid to bring 25.4%-efficient heterojunction-IBC solar cell into mass production
The EU-funded Nextbase project aims to manufacture heterojunction, interdigitated back-contact solar modules for less than €0.275/W. Solar panels featuring the Nextbase cell tech are expected to have a conversion efficiency of 23.2%, according to the European Commission.
Chinese PV Industry Brief: 3 GW of new heterojunction capacity and a 1 GW solar-storage-hydrogen project
Talesun has announced plans to deploy 1 GW of new heterojunction solar cell production capacity, while rack manufacturer Akcome Technologies revealed plans to annually produce 2 GW of the same tech. Panda Green, meanwhile, has secured the exclusive rights to a 1 GW project featuring PV and photothermal generation.
Toyota to develop fuel cell vehicles in China
The Japanese marque has laid out plans to hold a controlling stake in a JV planned in Beijing this year which will also involve four state-owned carmakers.
Northvolt and aluminum company plot Norwegian EV recycling plant
The sustainable lithium-ion battery manufacturer wants to secure raw materials to recycle into its products and will tap one of the world’s most advanced electric vehicle markets for its end-of-life batteries.
Algeria plans 4 GW of solar tenders
The government has announced a plan to deploy new PV capacity at a mega site over the next four years. Around 800 MW of capacity is expected to be tendered annually up to 2024. To be eligible, it is anticipated all modules, cables and mounting structures must have been made in Algeria.
Shuifa playing central role in bailing out distressed Chinese PV developers
The state-owned construction business which saved Singyes Solar with a US$200 million bail-out is now preparing to invest in a 75% stake in debt-saddled peer China Solar, whose shares have been unlisted since August 2013.
