First Solar and Nel Hydrogen Electrolyser AS will initially develop an integrated power plant control and SCADA system, as part of a broader plan to build integrated photovoltaic/hydrogen power plants.
The US cadmium telluride thin-film module maker said its Series 6 CuRe panels are able to retain 92% of its performance at the end of the 30-year warranty. The improved stability of the product was achieved by eliminating copper and placing Group V elements such as antimony or arsenic onto the tellurium crystal sites.
Rio Tinto plans to spend nearly $3 million on a facility in Utah to recover tellurium, a critical mineral used in solar panels.
The thin-film module manufacturer achieved a turnover of $2.7 billion and a profit of $400 million last year. The company also revealed that it is evaluating further U.S. manufacturing expansion, “contingent on the right policy environment.”
The deal includes the Rabbitbrush, Madison, Oak Trail, Horizon, and Ridgely projects, which are expected to start construction in the United States in the next two years, and the 30 MW Barilla Solar project, which is operational.
“Determining how many years a solar panel will last can take, well, years.”
Strong net sales, 1.6 GW of bookings, plans for a 445 W panel, and environmental recognition for the Series 6 line point to another successful quarter.
The Italian energy company has developed four big solar plants in the last 21 months to add 794 MW of generation capacity to its 3.67 GW solar portfolio and is emblematic of companies from the wider energy sector focusing on the renewable technology.
Rising volumes of solar capacity are to be welcomed but, as panelists at a session of today’s SolarPower Europe event discussed, the technology must be kept ethical and responsible. That means industry working together; new, harmonized, mandatory and voluntary policy instruments; and a focus on quantifiable, life cycle-based investor criteria.
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