'Nuclear power is currently the most costly kind of generation, with the exception of gas peaking plants'
The most up to date edition of the World Nuclear Industry Status Report shows the torpidity of the sector continues. Simply 2.4 GW of brand-new nuclear generation capacity came online last year, compared to 98 GW of solar. The globe's operational nuclear power capacity had declined by 2.1%, to 362 GW, at the end of June.
Sep 24, 2020 // Market Research, France, South Korea, China, United Kingdom, Europe, Asia, North America, Turkey, Russia, United States
Energy storage financial investment to come close to $10bn in 2025
Expert IHS Markit has anticipated storage space will certainly rebound this year following its very first year-on-year decline in 2019. The modern technology is being rolled out at speed despite Covid-19 with state-level plans readied to maintain the US the worldwide capital for the next five years.
Aug 19, 2020 // Markets & Finance News, Storage, France, China, United Kingdom, Australia, IHS Markit, Europe, Asia, Oceania, North America, covid-19, United States
BP dedicates $70m to UK-India Green Growth Fund
The fossil fuel company will certainly end up being a companion in the fund, which buys clean energy projects.
Jul 9, 2020 // Markets & Finance News, India, United Kingdom, Europe, Asia, bp, Dev Sanyal, Dhanpal Jhaveri, Sashi Mukundan, GGEF
Solar might hold benefit in post-pandemic global power sector
The International Energy Agency has acknowledged remarkable falls in power financial investment brought on by the Covid-19 situation but stated renewables, consisting of PV, provided an attractive suggestion to investors as the dust worked out, provided their enticing business economics and brief turnaround times.
Jun 1, 2020 // Markets & Finance News, China, United Kingdom, Europe, Asia, United Arab Emirates, North America, WORLD, covid-19, United States
A redox flow battery for MW-sized solar-plus-storage
Matt Harper, primary business police officer of newly-merged British-Canadian vanadium redox circulation battery company Invinity Energy Systems has actually talked to pv magazine concerning the VS3-022 Battery Unit it is marketing for grid range solar-plus-storage projects as well as why it might be a much better wager than lithium-ion.
Apr 29, 2020 // Storage, California, USA, Canada, Germany, United Kingdom, Australia, Europe, Asia, eastern europe, solar-plus-storage, Oceania, lithium-ion, vanadium redox flow battery, North America, SUB-SAHARAN AFRICA, Matt Harper, Avalon Battery Corp
Jinko signs up with Covid-19 battle
The module titan today introduced it will certainly give away a million things of individual safety devices to the Asian as well as european nations presently fighting the spread of the unique coronavirus.
Mar 30, 2020 // Manufacturing News, Markets & Finance News, Spain, Portugal, France, Germany, Italy, South Korea, China, United Kingdom, Europe, Asia, Switzerland, Netherlands, Belgium, Turkey, Austria, Norway, covid-19
Coronavirus can set you back Chinese battery manufacturers 26 GWh of outcome
Since of the break out, WoodMac experts claim the quantity of brand-new battery production capability included in the country this year might drop by as much as 10%. With Tesla's Shanghai gigafactory influenced by the prolonged new-year-holiday closure, the expert warned of possible supply scarcities for Australia as well as the U.S. as well as U.K.
Feb 12, 2020 // Manufacturing News, Markets & Finance News, Storage, USA, LG CHEM, TESLA, South Korea, China, United Kingdom, Australia, Europe, Asia, woodmac, Oceania, North America
The billion-dollar battery boom
Corporations are buying up batteries and investing in their companies like it’s going out of style.
Jul 26, 2019 // Storage, storage, PV project, United Kingdom, Mercom Capital Group, Battery Storage, Europe