Already responsible for changing the way we communicate and power portable devices, lithium-ion technology is now driving revolutions in both transport and energy supply the world over. A new paper published by Arumugam Manthiram of the University of Texas at Austin examines the technology’s development, from initial discoveries made in the 1970s to the considerations of today’s researchers working on the ‘batteries of the future’.
The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.
Scientists in Germany have developed a “heavy duty” test to provide insight into the long term effects of potential induced degradation in PV modules. The tests go well beyond those established by IEC standards and seek to guide manufacturers and investors on the best choice of materials – encapsulants in particular – when it comes to long term PID resistance.
While the impact of the Covid-19 pandemic on the renewable energy market is still not clear, Norwegian consultancy Rystad Energy says that new solar and wind projects will grind to a halt in 2020, creating a ripple effect in the years to come, as currencies throughout the world continue to slide against the US dollar.
A hot energy topic with little coordinated analysis, green hydrogen has finally attracted the number crunchers of BloombergNEF.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
From playing a key role in facilitating the scaling of the solar sector, to opening new markets and enabling grid and energy storage technologies, multilateral financial institutions have been an important part of the ongoing global energy transition. And as Felicia Jackson writes from London, with the expansion of “green banks” and clean-energy lending, the role of these institutions is only set to expand.
While the world’s climate negotiators dither, the post Covid-19 world could see their efforts overtaken – but only if policymakers are bold enough to take the opportunity to offer truly green fiscal stimulus packages to get us through the crisis. Felicia Jackson, from the center for sustainable finance of the School of Oriental and African Studies at the University of London, gives her thoughts here.
A slump in demand would weigh more heavily on the storage industry than a temporary production shutdown and IHS Markit analysts say that is where the risk lies, rather than with a temporary shortage of battery cells. A similar prediction has been made for the PV market.
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