Chinese solar manufacturers Seraphim and Lu’An Solar will invest around $565 million in the new factory.
“As we suffer through one health and environmental crisis after another, it is clear we can no longer simply solar-panel-and-windmill our way out of this emergency,” say producer Michael Moore and author Jeff Gibbs.
The country’s cumulative installed rooftop solar capacity reached 5.4 GW by the end of December. The Indian government now aims to deploy 40 GW of rooftop PV by the end of 2023.
Solar and wind are expected to account for a growing share of the electricity mix in the years ahead, rising from around 3% at present to 23% by 2030. Over the following two decades after that, however, this share will likely remain unchanged, as the national regulator expects the country to deploy more coal-fired generation capacity.
The Australian Energy Market Operator (AEMO) claims that the country already has the technical ability to safely operate a system in which three-quarters of the electricity comes from wind and solar. However, it needs to get the regulations right in order to do so.
Developers have until June 30 to lodge bids to develop plots of solar capacity across the national rail network which offer a maximum INR2.71/kWh ($0.036) for the electricity generated under a 25-year contract.
Baofeng Energy appears to be switching its focus to hydrogen production and says its new project will be powered by two 100 MW solar plants and will start producing 160 million cubic meters of hydrogen annually from next year.
Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.
A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.
Scientists from Singapore have developed semi-transparent perovskite solar cells that can be easily integrated into a range of urban contexts, including building facades, gates and windows. The 21cm2 mini panels are made of perovskite solar cells based on methylammonium lead iodine (MAPbI3), with an efficiency of 20.28% for 0.16 cm2.
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