The latest edition of the accountant’s renewables attractiveness index has placed the nation in top spot for photovoltaics, helping it to fourth spot for overall clean energy investment. Mexico has been hammered by the government’s attitude to clean power and France has also slipped, four places.
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
Despite a significant drop in turnover, the Israeli inverter maker was able to increase its net result in the third quarter of this year, in which it shipped around 1,415 MW of its products. In the first nine months of the year, the company’s revenue increased year-on-year from $1 billion to $1.1 billion.
The plan envisages to reach a 30% share of renewable energies in the country’s electricity mix by 2030. An intermediate target of 20% has been set for 2025.
Researchers in Israel have suggested the use of regasification of liquefied natural gas to reduce the operating temperature of PV modules in solar parks located at gas terminals. According to them, the feasibility of such a cooling solution could be strengthened by the fact that both the PV systems and the LNG regasification systems are, separately, mature, economical technologies.
Plus, some 5 GW of solar could be heading to Botswana and Namibia and news of a new automotive fuel cell building in Ulm, Germany.
But Israeli inverter company Solaredge and Indian engineering, procurement and construction services provider Sterling and Wilson have both offered hope of a recovery in Europe as Chinese glass producer Xinyi said it kept the furnaces going throughout the worst of the pandemic.
The inverter and energy storage company was able to maintain its streak of profitable quarters in what was expected to be a hard period for solar and the Israeli business said it sees “signs of recovery in the U.S.”
The government assigned 168 MW of capacity through the tender and selected three developers for 11 projects, with capacities of 100 MW, 48 MW and 20 MW.
Renewables company Ellomay Capital has been forced to reduce the scale of its planned 340 MW Manara Cliff project, in the north of the country, because two rival schemes have already gobbled up a large proportion of the capacity quota currently offered by the government.
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