Sony lays out plans to go 100% renewable by 2040
Japanese electronics giant, Sony has become the latest major organization to commit to a 100% renewable energy target for all of its operations. The company has joined the RE100, a global NGO initiative promoting renewable energy, and plans to reach its target by 2040.
Blockchain solar PV investment fund comes together with energy storage platform
Solar DAO, a digital, autonomous, closed-end, utility-scale PV project investment fund, has announced its partnership with Powerchain, decentralized platform for energy storage, which allows prosumers to buy, store and sell energy.
California governor signs 100% clean electricity bill
SB 100 puts California on a path to 100% zero-carbon electricity. What does that mean for the rest of the nation?
India’s Supreme Court allows imposition of 25% duty on solar imports – reports
In a significant move, which will greatly impact India’s solar industry, the country’s Supreme Court has reportedly given the go-ahead for the government to impose 25% safeguard duties on imports of PV cells and modules. The levy will be effective July 30, 2018.
Nuclear power is being left behind, industry experts say
The 2018 edition of the Nuclear Industry Status Report (WNISR) reveals that nuclear power capacity grew by only 1% in 2017, while wind and solar saw their share increase by 17% and 35%, respectively. The report also recognizes that solar and wind are now the cheapest grid-connected sources of energy. Investments in new nuclear plants, on the other hand, are only being driven by public support, and by nuclear weapon states.
PV Power Chile plans 118 MW of small solar parks
The Chilean subsidiary of the Czech Republic’s Solek Group and CarbonFree Chile SpA has signed a framework agreement for the development and construction of up to 118 MW of PV projects in Chile. These will have a power range of 3 MW to 9 MW, and will be developed under Chile’s PMGD Program for distributed generation.
South Australia unveils details of $100 million battery scheme, sonnen sets up production plant
The South Australian government will launch its Home Battery Scheme in October, which will offer South Australians subsidies of up to AU$6,000. In the wake of the government’s announcement, the German storage provider has revealed plans to manufacture up to 50,000 battery storage units at the former Holden site in Elizabeth, creating hundreds of jobs.
Daqo stops wafer production
Daqo New Energy Corp. has announced plans to stop its wafer manufacturing operations this month. It instead intends to focus solely on polysilicon production. Challenging market conditions were cited as the reason.
Solar, wind power could increase rainfall in the Sahara
The Sahara Desert, and the Sahel region, could be set to take advantage of large-scale wind and solar power projects covering huge surfaces.
Jordan Round 3 PV auction attracts lowest bid of $0.02488/kWh
The results of Jordan’s Round 3 solar PV auction have been announced. Jinko Power (HK) Company Limited submitted the lowest bid of US$0.02488/kWh. Jinko, along with two other companies, are now in pole position to be awarded projects. A final decision will be made after the financial offers have been validated, among other things.
