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China set up 48.2 GW of brand-new solar capability in 2020
China has installed 48.2 GW of solar capability in 2020, standing for an increase of 60 percent contrasted to 2019 (30.11 GW), according to the most up to date data from the National Energy Administration (NEA). The solar installments in 2020 were the second-largest ever before, only behind the 52.8 GW installed in 2017.
Jan 21, 2021 // Markets & Finance News, China, Asia, Frank Haugwitz
Trina Solar introduces brand-new packaging solution focused on cutting shipping costs
Trina Solar has exposed a brand-new freight packing service for its bigger modules that it stated will decrease the costs associated with delivery that have actually soared because the start of the pandemic.
Nov 18, 2021 // Markets & Finance News, Asia, Trina Solar, Zhang Yingbin, module prices, shipping
Honeywell's 20 MW ESS For Hecate Energy in New Mexico
Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park situated on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar ranch will certainly be capable of supplying sufficient electricity to power up to 16,000 ordinary New Mexican homes for a year. The project will help satisfy the state's decarbonization goals.
Mar 1, 2022 // Plants, Storage, USA, North America, New Mexico, hecate energy, Honeywell ESS
Sungrow to concentrate on wise technology from new Nanjing research study centre
Chinese inverter producer Sungrow has opened up another research and development (R&D) centre in Nanjing, China that will certainly focus on wise innovations, large information and software application assimilation.
Jul 28, 2021 // Inverters, Sungrow, China, Asia, Jack Gu
New South Wales federal government authorizes plan for 400MW solar farm with 200MWh battery storage space
Stubbo Solar Farm and Battery, a project under growth in New South Wales (NSW), Australia, which would certainly pair 400MW of solar with 200MW/ 200MWh of battery energy storage space, has actually taken a step better to going on.
Jul 16, 2021 // Plants, Storage, Australia, Oceania, solar farm
The Hydrogen Stream: New technology to save 5 tons of hydrogen daily
Proton Motor Fuel Cell and also xelectrix Power have additionally established a total system that incorporates fuel cell as well as battery storage innovations and also U.S.-based Plug Power is constructing a 100 MW electrolyzer in Egypt. In addition, Germany said it intends to deploy 10 GW of hydrogen capability by 2030 as well as South Korea revealed its hydrogen strategy.
Nov 28, 2021 // Storage, USA, Japan, Germany, UK, South Korea, Europe, Asia, hydrogen, North America, Joe Biden, Nassef Sawiris
New US study finds renewable energy storage costs need to drop 90%
Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.
Aug 12, 2019 // Technology, Storage, Tariffs, USA, storage, solar pv, Massachusetts Institute of Technology, BESS, PHES, CAES, Jessika Trancik
A$ 7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales
Specifically, the deal will sustain 8 renewable energy projects in the district besides Snowy 2.0 hydropower project in one of the most populated district of Australia. The federal government will be spending A$ 4.7 billion and also NSW will certainly add A$ 3.1 billion through completion of this decade to eliminate the reliance on fossil fuels for power.
Dec 22, 2022 // Markets & Finance News, Australia, Oceania, nsw, Anthony Albanese, Dominic Perrottet, HumeLink line, New South Wales transmission deal, Sydney Ring transmission link, transmission infrastructure, VNI West interconnector
First Solar to double US production capacity with new 3.3 GW Ohio plant
First Solar has unveiled strategies to more than increase its United States manufacturing capacity with a 3.3 GWdc facility in Ohio that will certainly create slim film PV modules for the nation's utility-scale solar field.
Jun 9, 2021 // Manufacturing News, USA, First Solar, Mark Widmar, North America, first solar inc, Ohio, capacity expansion announcements, cdte thin film modules
DEWA to use solar to power new pumped-storage project
The Dubai Water and Electricity Authority will use energy from the gigawatt-scale Mohammed Bin Rashid Al Maktoum Solar Park to provide a new hydropower plant with pumped storage capacity. The state-owned utility has announced a number of innovations for the project in recent months, including plans for hydrogen and large-scale storage capacity.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Solar to Fuel, Asia, hydrogen, Dubai Water and Electricity Authority, gigawatt-scale, Mohammed Bin Rashid Al Maktoum Solar Park, Saeed Mohammed Al Tayer, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Enpal Elevates EUR345 M for New Solar Projects in Germany
To speed up the advancement of solar energy in Germany, solar remedies service provider Enpal has secured debt dedications of EUR275 million from globally leading financiers BlackRock, Pricoa Private Capital (the exclusive capital business of PGIM), and also UniCredit in its current round of fundraising. Additionally, additional institutional dedications of EUR70 million were signed in the kind of a subordinated mezzanine financing.
Sep 27, 2021 // Plants, BlackRock, Germany, Europe, PV Power Plant, Enpal, Greenberg Traurig, Gregor Burkart, Pricoa Private Capital
Monolithic perovskite-silicon solar cell with 20% effectiveness via new lamination method
The solar cell accomplished an open-circuit voltage of 1.75 V, a short-circuit present density of 15.5 mA cm − 2, and a fill element of 73.6%. It was likewise able to retain 93% of its first performance after 100 hrs at a temperature of 80 C.
Jul 26, 2022 // Technology, Germany, Europe, solar cell, KIT, perovskite-silicon
TBEA New Power debuts flexible mounting framework at solar project on former open-pit mine
Chinese EPC TBEA New Energy has debuted a brand-new flexible mounting framework designed for use in tough terrains at a 300MW project on a previous open-pit coal mine in China.
Dec 2, 2020 // Plants, Large-Scale, Commercial, China, Asia, TBEA, grid-parity solar, structures, mounts, flexible structures
Price ceilings set as Brazilian PV sector readies for debut in new-generation auction
Brazil has unveiled the tariff ceilings solar players will face as they compete for the first time in the so-called new generation tender, opening up a new avenue of government support.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, solar pv, South america, Latin america, Brazil, jair bolsonaro, ANEEL, São Gonçalo, Absolar, bolsonaro, Rodrigo Sauaia, a-6 auction, tenders
NextEnergy Capital proceeds financial investment charge with New york city area solar profile acquisition
Solar capitalist NextEnergy Capital (NEC) has actually proceeded its recently established venture right into the United States solar market, finishing on a string of neighborhood possessions throughout New York.
Apr 3, 2020 // Markets & Finance News, USA, New York, ssfusa, investment, North America, nextenergy capital, Community Solar, Lorena Ciciriello