Solar PV

While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.

The Australian supermarket giant will purchase more than 70% of the electricity generated by three solar power plants to be built and operated by Metka EGN outside the regional centers of Wagga Wagga, Corowa and Junee, in the state of New South Wales – the equivalent of 10% of the company’s national electricity usage.

Chinese PV module maker Risen Energy says it has achieved its highest jump in solar module sales in the Australian market in a one-year period.

As renewable energy development is ramped up to address the climate crisis, negative side-effects should be avoided, especially when technology and resources could maximize the benefits. ‘Techno-ecological’ crossovers could ensure win-win outcomes for solar development and ecosystem and biodiversity conservation.

If China could travel back to the 1960s with its 2016 PV generation capacity it could harvest an additional 14 TWh of solar power, according to a study by academics at universities in Switzerland and the Netherlands. With a mixed record for reducing pollution, the country’s solar fleet output appears to be drastically affected by dimmed solar radiation.

In every corner of the globe, markets are experiencing an increasing need for capital to back renewable energy assets. Apart from conventional loans, bonds and equity schemes, Shariah-compliant financing instruments, such as Sukuk, serve as a catalyst for funding PV projects, Deloitte finds.

With buildings responsible for 36% of EU greenhouse gas emissions and half the bloc’s energy demand, European cities will have to accelerate deployment of renewable energy and foster substantial investment in energy efficiency to become carbon neutral by 2050. A new report has found ‘solar skins’ are well positioned to help achieve that goal and multiply the contribution of rooftop solar.

A public enterprise grade energy blockchain has powered up with the promise to accelerate a low-carbon, distributed electricity future. For the first time, energy sector companies are hosting validator nodes on a decentralized network as they seek to adapt to a more digitalized and decentralized energy system.

Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.

More than a quarter of global electricity is generated from renewables, with solar the third largest source according to an annual overview drafted by global policy network REN21. Despite a year-on-year fall, solar accounted for the majority of generation capacity additions last year. But a lack of decarbonization policies across the heating, cooling and transport sectors puts a patchy energy transition in prospect.