Tesla’s Nevada operation is still open for business, though. The EV and battery maker has assured the market its cash position is strong enough to weather an “extended period of uncertainty”.
pv magazine has spoken to José Antonio Unanue, director of the battery energy storage system business at Ingeteam, the equipment integrator and manufacturer of the first grid-connected battery storage system in Spain, which electric utility Iberdrola launched in Caravaca de la Cruz, Murcia, at the end of November.
The U.S. asset management fund’s plan to cut future investment in coal is reportedly part of a climate-focused initiative to establish sustainability at the center of its business approach. The announcement comes weeks after the investor closed $1 billion of a record $2.5 billion fund focused on PV, wind and energy storage projects.
U.S. researchers claim to have improved the stability of one of the most promising halide perovskites – α-FAPbI3 – by squeezing the compound’s crystal lattices. The authors of the research prevented the crystal assuming an hexagonal shape at the room temperatures required for a PV device to operate properly.
Barium zirconium sulfide is another chalcogenide perovskite being tested in relation to the development of more efficient solar cells. Researchers at Buffalo University, in New York state, have created a thin-film based on the material they say offers significant light absorption and good charge transport.
Storage has long been expected to be the handmaiden of a renewable energy world and its long awaited advances started to finally emerge in the third quarter as researchers posited R&D achievements ranging from potentially potent tungsten disulfide nanotubes to the business case for 10-year solar panels.
The U.S. residential solar market – and 15 states – are at record highs according to analyst WoodMac’s ‘don’t call it a comeback’ Q3 report, driven by new market forces. The research firm held its 2019 U.S. solar forecast at 13 GW.
The Shanghai-based project developer – which will soon relocate to the U.S. – says the profit margins are not high enough in those markets and has cancelled its project pipeline in the nations. The company has also changed its CEO after less than five months and is on a drive to reduce capital costs.
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