Dubai-based Weco has unveiled a new lithium battery solution that can operate in parallel as a low-voltage storage system or in series as a high-voltage battery with no hardware changes. The batteries can be mounted on walls or set up in a stack configuration.
Fiat Chrysler has begun construction of a vehicle-to-grid pilot at its Mirafiori manufacturing facility in Turin. The project, which also includes 5 MW of PV, will eventually become a virtual power plant.
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
The utility scale renewable energy tender saw wind prevail again, with 18 projects with a total generation capacity of 406 MW. Solar secured four projects with a combined capacity of 19.3 MW but did offer the lowest bid.
pv magazine spoke to Mark Jones, chief executive of privately-owned clean energy investment company Susgen about where the newly-launched business is looking to spend the cash pile it has allocated for big, early-stage project pipelines.
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
The Italian government has raised the tax breaks it offers for building renovations and energy-requalification projects – potentially including storage-backed rooftop PV systems – to 110%. The new measure is part of the Relaunch Decree, which is a package of guidelines aimed at reviving the Italian economy in response to the Covid-19 crisis.
Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.
The developers of a perovskite device designed for use under illumination of 100-500 lux say it could be manufactured for $78-108 per square meter.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
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