Sustainability

A cash fund is offering financial aid to start-ups and SMEs to mitigate the effects of the public health crisis. The grants will convert into a stake in the recipients at a future date.

U.K.-based Power Transition today launched a crowdfunding exercise to raise the £300,000 it says it needs to scale up its blockchain-based, peer-to-peer energy trading platform beyond a 47-home demonstration project.

A research project in the Netherlands is seeking to assess the impact of large scale PV projects on soil quality and biodiversity. Principal scientist Wim Sinke, of Dutch research center TNO, says well-designed and operated and maintained solar parks could prove to have better outcomes than monoculture farming.

U.S. thinktank the Institute for Energy Economics and Financial Analysis says the nation should reorder its power network to harness cheap, modular renewables after existing power station overcapacity was worsened by plunging electricity demand during the Covid-19 shutdown.

The French oil and gas company will develop the vehicle with engineering compatriot Gaussin. Intended for the Airbus industrial site in Toulouse, the vehicle will be equipped with a lithium-ion battery made by Total subsidiary Saft and will be able to tow two 30-ton fuel tanks.

MIT scientists have suggested used electric vehicle batteries could offer a more viable business case than purpose-built systems for the storage of grid scale solar power in California. Such ‘second life’ EV batteries, may cost only 60% of their original purchase price to deploy and can be effectively aggregated for industrial scale storage even if they have declined to 80% of their original capacity.

Researchers in Australia have conducted a ‘cradle to grave’ life cycle assessment (LCA) of the four most widely used PV technologies. The academics say that cadmium telluride solar modules have the lowest life cycle impact, followed by amorphous, multi and monocrystalline silicon products.

EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.

Rivas-Vaciamadrid-based company Aurinka is planning to start UMG silicon manufacturing in Puertollano, Castile-La Mancha, this year. The company says its patented low-carbon production process offers low enough manufacturing costs to compete with Asian rivals.

Installers which took advantage of cheaply-priced government finance say customers affected by the Covid-19 crisis cannot afford to pay for the solar home systems they have rolled out while expanding renewables programs.