News

Array Technologies revenues dented by supply chain woes, project delays
Solar tracker service provider Array Technologies is expecting to bounce back from a 2021 beset by supply chain difficulties and project hold-ups, as its order publication gets to a brand-new high and also comes to be extra geographically diverse.
Apr 7, 2022 // Markets & Finance News, financial results, trackers, Array Technologies, supply chain, company results, AD/CVD, project delays
Australia added 1.2 GW of large-scale solar in 2021 however renewables financial investment slows, report finds
Large-scale solar implementation in Australia leapt 38% year-on-year in 2021 as its 3 biggest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.
Apr 7, 2022 // Markets & Finance News, ENERGY STORAGE, Australia, rooftop, South Australia, Oceania, new south wales, investment, Clean Energy Council, covid-19, deployment statistics, Darlington Point
Eco Energy World hires new CFO as expansion gathers pace
Solar project programmer Eco Energy World (EEW) has actually employed James Hunter as its new principal financial officer (CFO) as it bids to bolster its worldwide presence.
Apr 7, 2022 // Markets & Finance News, cfo, Eco Energy World, executive appointments, EEW
Array Technologies assigns new CEO as Jim Fusaro calls time at the business
US solar tracker provider Array Technologies has actually assigned Kevin Hostetler as its new CEO after its current CEO Jim Fusaro stated his purpose to retire by the end of the year.
Apr 7, 2022 // Markets & Finance News, USA, North America, Array Technologies, sti norland, ceo, solar trackers, array, executive appointments
Sonnedix shuts funding for 3 MWp of solar farms in Japan
International independent power manufacturer (IPP) Sonnedix Power Holdings Ltd has shut its initial portfolio financing in Japan for 2.8 MWp of solar farms.
Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Sonnedix, Asia, Solar Farms
Colombia's EPM begins awarding contracts for 83-MW solar project
Colombian utility Empresas Publicas de Medellin (EPM) has started a tendering process to choose an engineering working as a consultant that will oversee work with its 83-MW Tepuy solar farm project in the division of Caldas, centre-west Colombia.
Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Colombia, EPM, Solar Project
Portugal floating solar auction gathers record negative price, awards 183MW
Portugal's very first floating solar auction closed with a world record-low price, with utilities EDP and also Endesa among the winning bidders, the nation's environment ministry has actually announced.
Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Portugal, EDP, Voltalia, Finerge, floating PV, Europe, auction, Endesa, world record, joao galamba, hybridisation
LONGi warns of profit hit after Yunnan province rows back on power price deal
LONGi Solar has warned of lowered profits after Yunnan Province, where a considerable portion of its production output stays, terminated a previously-struck power rates agreement.
Apr 6, 2022 // Markets & Finance News, longi solar, LONGi, power prices, capacity expansion, yunnan province
Carbon-based, HTL-free perovskite solar cells with 26% performance
A global study group has developed a carbon-based perovskite solar cell without a hole transportation layer. 2 plasmonic nanoparticles-- Ag@SiO2 and also SiO2@Ag@SiO2-- were included in the cell photoactive layer, in addition to a copper( I) thiocyanate (CuSCN) interlayer at the perovskite-carbon interface.
Apr 6, 2022 // Technology, China, United Kingdom, solar cells, Europe, Asia, perovskite, Iran, efficiency
BloombergNEF forecasts 30% annual development for worldwide energy storage market to 2030
The international energy storage market will grow to deploy 58GW/178GWh annually by 2030, with the United States and China standing for 54% of all deployments, according to projecting by BloombergNEF.
Apr 6, 2022 // Markets & Finance News, Storage, Market Research, analysis, BloombergNEF, Market research, supply chain, deployment forecasts, forecasts and predictions, statistics and trends
Western Australia financing feasibility research study for state's largest battery project
The federal government of Western Australia is funding work to assess a potential battery energy storage space system (BESS) project which would certainly be the greatest built in the state up until now.
Apr 6, 2022 // Markets & Finance News, Storage, Western Australia
Sumitomo Electric brings 51MWh flow battery online in northern Japan
Among the globe's biggest vanadium redox flow battery (VRFB) power storage systems has actually come online on the north Japanese island of Hokkaido in the last few days.
Apr 6, 2022 // Storage, Japan, Asia, grid congestion, Sumitomo Electric, Vanadium, flow battery, hokkaido
European action strategy to accelerate growth of battery value chain
The EU-supported European Battery Alliance (EBA) will certainly present a freshly updated action plan to enable 90% of the Union's need for batteries to be met with domestically made products by 2030.
Apr 6, 2022 // Storage, European Battery Alliance, EBA
Pakistan cement company introducing solar-plus-storage project
Lucky Cement, the biggest cement manufacturer in Pakistan, is introducing a solar-plus-storage project with 5.589 MWh of energy storage space, which it claimed would be the biggest in the nation.
Apr 6, 2022 // Plants, Asia, Pakistan, solar-plus-storage project, Noman Hasan, Lucky Cement
Solar cell maintains working long after sun sets
Concerning 750 million people on the planet do not have accessibility to power in the evening. Solar cells supply power during the day, yet saving energy for later use requires substantial battery storage.
Apr 6, 2022 // Technology, solar cell, Stanford University, Sid Assawaworrarit, Zunaid Omair, Shanhui Fan