Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.
TES issued a press release announcing the new facilities that is light on detail but claimed the plants would position it as ‘a leader’ in battery recycling. The company also announced an intent to move into the reuse of spent electric vehicle batteries in commercial and residential applications.
The invention converts energy produced by PV cells directly into mechanical motion without batteries or power electronics. Its developers claim the solar motor can drive irrigation water pumps and ventilation turbines for more than 20 years without maintenance.
With the 200 hydrogen bikes offered to journalists and world leaders at the G7 summit in Biarritz, France proving popular, manufacturer Pragma Industries has received an order for 1,000 of them from Chilean president Sebastian Pinera. The company’s founder, Pierre Forté, wants the bike to have a societal impact in developing countries.
The global installed capacity will grow from a modest 9 GW/17 GWh as of 2018 to 1,095 GW/2,850 GWh in the next two decades. Just 10 countries will account for almost 75% of the overall gigawatt market, with China, USA, India and Germany leading the pack.
The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
The nation saw 1.3 GW of renewable energy secured for business through private PPAs in 2018, almost twice as much as the volume recorded in Australia, but the picture could change next year if China follows through with its renewable portfolio standard commitment.
The EV manufacturer will develop a complete system encompassing electric vehicles (EVs), smart parking, charging infrastructure and software integration platform NEMO for the experimental township of Auroville in Tamil Nadu. Mahindra has also unveiled an energy storage solution for EVs and will help harness renewable power.
The ISA founding ceremony, held on Sunday March 11 in New Delhi, India, was a highlight in the 2018 solar calendar. French President, Emmanuel Macron announced €700 million in support through loans and donations by 2022, while several other financial deals and MoUs were also signed. Indian Prime Minister, Narendra Modi further outlined 10 action points to help the spread of solar energy.
Vikram Solar and CEA will look to enhance research and development on high-efficiency crystalline silicon cells, modules and systems. A host of high-efficiency generation and storage technologies for French and Indian markets are also in the planning.
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