The solar supply chain problems that began last year with high prices and polysilicon shortages are persisting into 2022. But we are already seeing a stark difference from earlier predictions that prices would decline gradually each quarter this year. PV Infolink’s Alan Tu probes the solar market situation and offers insights.
As we closed out the first quarter of 2022, the energy storage industry continued to show stunning growth. When scrolling through the news, reading studies, and attending events, one can’t help but notice how critical battery energy storage is to a myriad of markets and industries. As innovative technologies emerge at a breakneck pace, they reveal three key trends in both market priorities and the sector’s current and future direction.
Vitaliy Daviy is the CEO of emerging markets focussed cleantech organization IB Centre Inc. and holds an optimistic view of Ukraine’s sector after the war. According to him, the country has the keys to energy independence and security.
On Feb. 10 in Belfort, President Emanuel Macron announced his vision for the French global energy industry to 2050. He reaffirmed France’s desire to massively develop renewable energies as intermittent sources on top of the baseload provided by the nuclear industry whose revitalization has already made headlines since. Macron claimed they are “the only means to meet [our immediate energy needs] in a profitable and competitive way”. By 2050, the capacity of the French solar park should be multiplied by more than 10 to exceed 100GWp, while the onshore wind capacity could double to reach 37GW. Offshore wind power should also experience a real take-off as France aims to develop and build 40GW over the same period.
As the world woke up to the news of war in Ukraine, the German Bundestag called a special session at which the finance minister, Christian Lindner, announced a package of measures in response to the crisis. A key plank, he said, would be a new focus on renewables.
This year International Women’s Day focuses on #BreakingTheBias and celebrating women’s achievements and increasing visibility in schools, universities, communities, and workplaces. One of the sectors where the participation of women needs a boost is the energy sector, says Evrydiki Fekka, Head of Lithium Batteries Product Management at Sunlight Group Energy Storage Systems. In this article, she argues that women are key to unlocking a greener future for our energy needs.
Solar energy has many strengths, and impactful characteristics witnessed at varying levels around the world. While homes and industries in the western sphere are using solar power to diversify their current energy sources and add some renewable to their existing mix, families and entire communities across Africa are using much smaller solar systems to get electricity in their homes for the first time. That vast gap is noticeable in every aspect of life, including education, income, health, and more. Solar energy already has life-changing effects when looking to bridge gaps between developed and developing countries.
Residential-based energy storage will become the new ‘Boiler 2.0’ and could form part of a virtual power plant, providing a viable solution to the global energy crisis and helping us to achieve our net-zero goals.
As part of the EU Horizon 2020 CIRCUSOL project, Belgian PV installer and investor Futech investigated the technical and economic feasibility of integrating a second-life battery storage system at an existing 2MW solar plant in Belgium. The system originates from the automotive industry and was successfully commissioned in August 2021.
One of the biggest challenges for non-AI experts is the terminology. Artificial intelligence (AI), machine learning (ML), and computer vision (CV) are frequently discussed, but people outside of data science fields often do not know what they mean. Fortunately, it is not that complex: Artificial Intelligence, Machine Learning, and Computer Vision all generally refer to the same thing, just with more specificity.
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