The huge floating plant is expected to be located on a water surface close to the Saemangeum, an estuarine tidal flat on the coast of the Yellow Sea. Construction on the facility is planned to start in the second half of next year. Around 4.6 trillion won ($3.9 billion) of private funds will be invested in the project.
An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.
The world’s biggest solar market could be about to replicate that feat in energy storage, provided it manages to reform the payment system for rewarding the grid services offered by batteries.
Citing the risk to solar projects, lobby group the National Solar Energy Federation Of India has asked the Ministry of New and Renewable Energy to exclude flat steel products coated with alloy of aluminum and zinc from anti-dumping duty.
A research paper from scientists at the U.S. National Renewable Energy Laboratory outlines a new approach to the production of gallium arsenide based cells. The approach, termed ‘germanium on nothing’, could enable the cost effective, high volume production of PV cells based on III-V materials such as gallium arsenide.
New modules incorporating American company 1366 Technologies’ 3D direct wafers were unveiled yesterday at the SNEC trade show in Shanghai. The prototype modules are produced by Korean manufacturer Hanwha Q Cells. The two companies have a strategic partnership going back several years, and are ramping up a wafer factory near Q Cells’ module facilities in Malaysia.
Among 45 critical energy technologies and sectors assessed in a tracking report by the International Energy Agency, only seven are keeping hopes alive that climate, energy access and air pollution goals can be met.
Renewable energy investment in the Asia-Pacific region, excluding China, will overtake spending on oil and gas exploration and production by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
According to the Korean manufacturer, its Q.Peak Duo-G6 module is produced with larger wafers than those used in the G5. This is said to increase module yield by around 6% for a power output ranging from 355-420 W.
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