Japanese scientists seek to lower costs of PV-powered hydrogen
A research team has conducted a demonstration of the economic feasibility of battery-assisted, low-cost hydrogen production from solar. The scientists claim their system will mean hydrogen could be produced for $0.15-0.25 per cubic meter in 2030.
E.on’s acquisition of Innogy would create customer energy data monopoly, claims rival utility
The planned acquisition of RWE subsidiary Innogy’s sales and network business, would make E.on the largest electricity supplier to two-thirds of Germany with a 70% market share in its distribution network. That is the finding of analysis conducted by consulting firm LBD on behalf of rival power firm Lichtblick.
DEWA begins work on hydrogen facility at Rashid Al Maktoum park
Only three months after issuing the project tender, the Dubai Water and Electricity Authority is building the plant with the support of Expo 2020 Dubai and Siemens.
Tokyo Gas invests further in solar and creates JV for storage
The acquisition of a 4.8 MW solar plant in the Kyoto prefecture and creation of a joint venture with Japanese storage specialist Exergy are part of the group’s 2020 plan to diversify its business into renewables and acquire 1 GW of capacity in them.
Uzbekistan launches 100 MW solar tender for southwest
State-owned energy company Uzbekenergo has issued a request for pre-qualification for the projects, planned for the Navoiy region in southwestern Uzbekistan. The tender process is expected to be finalized by the end of June.
Tesla dives deeper into energy storage, as solar slumps
Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, as well as dramatically scaling its energy storage deployment. However the Solar Roof is still not being widely deployed.
Mexico cancels fourth energy auction
After being “temporarily suspended” in early December, Mexico’s fourth long-term energy auction has been cancelled. The government said the action was taken in compliance with its legal framework and took into account technical, economic and energy planning considerations.
LG solar business affected by panel price falls as Kyocera reports poor results for PV sales
South Korean manufacturer LG said import tariffs and panel price depreciation led to lower profit for its B2B division. Japanese electronics company Kyocera saw the revenue of its Life & Environment Group fall by 26%, year-on-year, in the first nine months of the current fiscal year.
FIT cuts and lower revenue may cause more bankruptcies in Japan
A Teikoku Databank report says as many as 95 solar companies went bankrupt last year – seven more than in 2017. The company warns the negative trend that began in 2016 may escalate as FIT reductions for large-scale solar come into effect.
Ukraine to hold first auctions for wind and solar next year
According to provisions approved in their first reading by the Ukrainian parliament, solar projects selected in future auctions will be awarded 20-year PPAs to encourage investors to steadily abandon the FIT scheme until it expires in 2030.
