Excess renewables production to make fuel, chemicals and feedstocks for industry
The University of New South Wales and several other universities in Australia are embarking on a feasibility study into how New South Wales can utilize excess renewable energy to make fuel, chemicals, and feedstocks for the industry. The aim is to develop a plan for how fuels and chemicals such as green hydrogen and ammonia produced from renewables can decarbonize the industry.
Enphase closes 2020 with a strong Q4
After a Covid-19-stunted Q2, the company reported improved revenues for a second straight quarter, and closed 2020 with revenues north of $770 million.
Macquarie’s second renewable energy fund raises €1.6bn for large scale investment
Macquarie-owned Green Investment Group’s Renewable Energy Fund 2 has far exceeded its own expectations by raising over €1.6 billion in investment commitments for large scale solar and wind projects all over the world.
Midsummer ships CIGS production line to Russia
The production equipment was bought by Russian nanotechnology specialist Rusnano. The line will be used to produce BIPV modules at a factory in the Republic of Mordovia.
Nice Solar Energy files for insolvency under self-administration
The CIGS thin-film specialist employs 160 people in Germany. Business operations will continue with no disruption for the time being.
Brazil’s PV module demand reached almost 5 GW in 2020
According to a recent report from Brazilian consultancy Greener, the country imported 4.76 GW last year. Domestic PV module makers had a 3.8% market share with around 190 MW in shipped modules. The analyst also revealed that prices for distributed generation PV systems rose by 20% in 2020.
Tongwei and Jinko plan more wafer and poly production
The two solar companies have signed a strategic agreement to jointly finance new manufacturing facilities, Tongwei announced this morning.
From power to energy rating, for a better choice of PV module
A new report published by the International Energy Agency’s Photovoltaic Power Systems Program (IEA PVPS) outlines the need for PV module standards and testing to focus on ‘energy rating’ – an estimate of actual performance in a variety of climate conditions, rather than nominal power output or efficiency. The report finds that the IEC and other standards bodies are already beginning to make encouraging moves in this direction, but more work, and more data, are needed to make the most out of this approach.
Italy’s next renewables auction may deliver even worse result
The poor outcome of Italy’s recent auctions for large scale solar suggests that the next tender will have similar results. pv magazine has spoken with two major experts from the Italian PV sector who claim that a change of pace is required, hinging on a streamlined authorization process, more competition and a focus on agricultural land.
GCL-Poly dilutes holding in developer business to raise funds
The poly maker yesterday secured approval from unpaid creditors to restructure the company’s debts and will commit the anticipated $115 million windfall from its shares placement towards its financial commitments.
