Finnish clean-energy company Fortum has achieved a lithium-ion battery material recycling rate of over 80% — against what it says is a current rate of 50% — with a low-carbon hydrometallurgical recycling process.
The Finnish PV equipment provider and the Lithuanian PV panel maker will manufacture IBC solar cells at Solitek’s factory in Vilnius with an initial production capacity of 60 MW.
Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.
More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.
The Finnish Energy Agency is seeking proposals for annual electricity production totaling 1.4 TWh. Large-scale wind, solar, biomass and wave power projects will be entitled to participate in the auction.
As part of a strategic alliance, BASF and Norilsk Nickel aim to meet growing demand for battery materials for electric vehicles.
Electrifying the global energy system with clean energy is the only way to reach the targets set by the Paris agreement on climate change and avoid the catastrophic scenarios outlined by the recent IPCC report. In an interview with pv magazine, Christian Breyer – Professor of Solar Economy at Finland’s Lappeenranta University of Technology – explains a 100% renewables model is not only technically feasible, but also the cheapest and safest option. With solar and storage at its core, the future energy system envisaged by Breyer and his team will not only stop coal, but also nuclear and fossil gas, while seeing solar reach a share of around 70% of power consumption by 2050. By that time, PV technology could cost a third of its current price.
Overall, the country’s cumulative installed solar power has reached 80.4 MW, with last year’s PV additions totaling around 43 MW. More growth, mainly fueled by solar rebates and tax credits, is expected to be seen this year.
Researchers from Finland’s Aalto University and the Michigan Technological University, in the US, say they have demonstrated the cost per unit of power of black-Si PERC cells could fall 10.8%, despite an increase in cell processing cost.
Hungary-based Sinergy Kft is the recipient of Wärtsilä’s first EPC energy storage project in Europe. The Finnish technology group commissioned the engine plus storage hybrid installation, its first globally, on August 22. The VPP can now provide frequency and secondary regulation to the Hungarian national grid.
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