Covid adds to Indian solar manufacturer woes
A pandemic-related sales slump has dealt another blow to domestic panel makers already faced with rising input costs and an expected surge in imports due to the scheduled wind down of safeguarding duties on foreign products from late July.
Lightsource BP builds 1.35 GW of PV in Portugal, 640 MW in Greece
The U.K.-based solar developer has joined forces with Portugal’s Insun to build solar parks totaling 1.35 GW over the next five years. In Greece, it wants to build another 640 MW in partnership with Kiefer TEK.
Bosnian utility seeks proposals for solar, wind, hydropower plants
Bosnian utility JP Elektroprivreda aims to buy operational facilities exceeding 1 MW in size.
Rystad doubles IEA calculations on solar PV required by 2050
Solar rules in any scenario of what the world needs to work toward over the next three decades to keep global warming under 1.5 C.
Europe’s largest shipbuilder wants to set up 2 GWh lithium-ion battery production
Italy’s Fincantieri has joined forces with Faist Group to produce lithium-ion batteries. Through the joint venture Power4Future, the two companies want to reach a production capacity of 2 GWh over the next five years.
Australia’s energy storage installed base to grow more than five times by 2030
In its latest report, IHS Markit predicts that energy storage installations in Australia will grow from 500 MW to more than 12.8 GW by 2030. Today, Australia makes up less than 3% of total global installations for battery energy storage and is the seventh largest market globally. By 2030, it is forecast to comprise 7% of global installations and become the third largest market. This growth will be largely driven by three distinct market segments: residential, standalone front-of-the-meter, and collocated with utility-scale renewables.
Australian power outage sparks calls for big batteries
Queensland’s worst power outage in decades has triggered calls for the introduction of more utility-scale batteries to provide security for the Australian state’s electricity network.
The weekend read: Age of green hydrogen causes co-location rethink
The regions where the desert meets the sea have long been thought the most desolate and unproductive areas of the world, fruitful solely for those clever cultures who call them home. However, in the 21st century, that fiscal notion is turning on its head, and turning as rapidly as a wind turbine in a tornado.
The Hydrogen Stream: Germany keeps the lead, flurry of movements from France
The German Federal Ministry of Economics and the German Federal Ministry of Transport selected 62 large-scale hydrogen projects to receive €8 billion in government funding. Furthermore, 11 projects have been selected in the framework of H2 Hub Airport, a call for expressions of interest to contribute to the surge of the hydrogen airport ecosystem in France. French energy company Total acquired a 20% stake in Hysetco, a French company developing hydrogen mobility in cities.
Chinese PV Industry Brief: Polysilicon and wafer prices keep increasing
Longi has raised its wafer prices for June and the China Nonferrous Metals Association has reported this week that polysilicon reached a price of RMB200-210 per kg, and that the highest price exceeded RMB230 per kg.
