French development agency backs South African pumped hydro storage project
Agence Française de Développement has signed a ZAR 125 million ($7 million) grant agreement with South African utility Eskom to support the development of a hydro storage system project.
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Solar cells built on dots and dashes of silver
A team from the University of New South Wales (UNSW) School of Photovoltaic and Renewable Energy Engineering has reinvented the design of screen-printed contacts to reduce costs and silver consumption, without sacrificing the efficiency of tunnel oxide passivated contact (TOPCon) solar cells.
Pathway to Singapore’s solar development
Singapore could import large quantities of low-cost solar power from neighbouring countries using undersea cables, with the indicative cost being competitive with gas generation. Unlimited world-class pumped hydro energy storage is available in neighbouring countries in the range 50-5000 GWh to support very large scale transmission.
Two-layer power trading mechanism to support distributed solar
Researchers in China have proposed a new hybrid transaction model for distributed power trading. The model encourages the participation of aggregators in market transactions for distributed resources and promotes the expansion of distributed energy storage.
Enphase Energy to cut 17% of workforce, shut down production in Mexico
Enphase Energy says it plans to restructure its operations, reducing its global workforce by 17% – about 500 employees and contractors – and closing its contract manufacturing site in Mexico.
US partners launch 150 MW solar project in Taiwan
Energy services provider Elapath Energy and blockchain-based platform RenewableErgon are collaborating on a 150 MW solar project in Chiayi County, Taiwan.
Brazil could add 18.2 GW of energy storage by 2040
That figure would require incentives, regulation and ambition. A study by Clean Energy Latin America (CELA) estimated the Brazilian storage market should grow at least 12.8% annually through 2040, reaching a cumulative 7.2 GW, excluding client-side, ‘behind-the-meter’ installations.
New research estimates average long-term green hydrogen price at $32/MWh
New research from Norway has found that deploying around 140 GW of green hydrogen generation capacity by 2050 could make green hydrogen economically viable in Europe. Reaching this scale may help balance system costs effectively while increasing renewable integration, making green hydrogen a self-sustaining technology without subsidies, according to the scientists.
Australia closed on a record 3.9 GWh of battery storage capacity in July-to-September
Eight new battery projects added up to 95% more volume than was recorded in Q3, 2023, according to a Clean Energy Council (CEC) quarterly report which also pointed to a renewables generation boom.
