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North America

Shoals Technologies announces IPO

Tennessee-based Shoals Technologies has balance-of-systems solutions deployed on more than 20 GW of solar energy systems throughout the world.

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Tesla launches solar inverter

The EV manufacturer with big solar ambitions has finally leveraged its expertise in power electronics technology and launched a solar inverter.

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Total, Hanwha Group to build 1.6 GW of solar, storage in US market

French energy giant Total called the 50:50 joint venture a “first significant step” into the U.S. utility-scale solar market.

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Peeking into 2021: Green bonds to reach US$500 billion per year, solar on track to outrank oil and gas

Global management consulting firm PricewaterhouseCoopers has issued a general economic prediction for 2021. Aside from some general notes on GDP recovery post-Covid, the analysts’ notes were heavily focussed on climate and energy finance and policy.

1

Bifacial perovskite-silicon tandem cell with 25.2% efficiency

International researchers have developed a silicon heterojunction PV cell with textured surfaces to accommodate the perovskite top cell. They optimized the rear transparent electrode to collect as much albedo as possible and achieved five different perovskite bandgaps by altering the iodide-to-bromide ratio in the perovskites, resulting in a higher open-circuit voltage.

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Average PPA prices rose in US market in 2020

For the first time since LevelTen Energy began tracking the U.S. market, solar power purchase agreement offer prices rose in 2020, with fourth-quarter prices 11.5% higher than a year earlier.

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EU-China Comprehensive Agreement on Investment opens manufacturing options, dodges forced-labor issues

The European Commission has finalized its long-anticipated investment agreement with China. While some renewable energy businesses might benefit from improved investment security, IP protection and access to legal remedies in China, the Commission did not address the issue of Uyghur forced labor in China. As a majority block in the European Parliament had previously demanded from the Commisison to develop a firm policy to end forced labor in China, there is reason for doubt that the agreement as it stands will be adopted by the EU Parliament.

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Canada Infrastructure Bank unveils plan for 250 MW/1,000 MWh storage project

The Canada Infrastructure Bank (CIB) and Oneida Energy Storage LP, a joint venture between NRStor and Six Nations of the Grand River Development Corp., have signed a memorandum of understanding for the Oneida Energy Storage project in Ontario.

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Seawater aqueous battery based on alloy of zinc and manganese

Scientists in the United States developed a new anode for aqueous batteries. A working battery utilizing this anode, with seawater as an electrolyte, demonstrated impressive energy density, and remained stable after 1,000 hours of high current cycling. The group is already discussing the potential of their approach in large-scale manufacturing.

Innovative PPA debuts in US solar sector

Proxy generation power purchase agreements, which were first used with wind projects, manage weather-related risks by settling energy transfers based on a proxy generation index, rather than on actual metered generation. Operational risk shifts from buyer to seller.

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