World

As the penetration of variable renewable energy increases, curtailment of solar PV generation will only increase. Since curtailment will almost always be cheaper than investing in new transmission capacity or new grid-scale storage, curtailed energy should be rewarded, so that PV investment decisions can include curtailment as one of the flexibility options for grid operators.

SinoLink Securities says aluminum frames now dominate solar panel costs, as material price shifts reshape the cost structure of the PV industry and drive the need for innovation.

BloombergNEF says green hydrogen will fall from a current range of $3.74/kg to $11.70/kg to between $1.60/kg and $5.09/kg by 2050, while Longi Hydrogen has secured a conditional $6.14 million equity investment and cooperation agreement with HydrogenPro.

As the electric vehicle (EV) ecosystem extends its footprint, maintaining reliability and efficiency is becoming one of the pressing concerns for industry stakeholders. To achieve this, strategic collaborations with the government and private sectors are being made in a bid to optimise energy distribution based on grid capacity and user demand.

Scientists in the Netherlands proposed a new testing scheme for recycling silicon from end-of-life photovoltaic panels. Their methodology helped create different wafer categories for recycling silicon for new ingot production but also showed that most of recycled silicon in the near future will come from p-type products, which will harldy be reutilized in a market now dominated by n-type modules.

Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential solar growth.

Scientists have designed a system that combines solar panels, wind turbines, and battery storage to operate water pumping systems in Jordan. They simulated it under several scenarios in search of the optimal size.

Huaneng Group has begun phase two of its Jintan Salt Cavern CAES project in China. It is set to become the world’s largest compressed air energy storage facility with groundbreaking advancements in power output and efficiency.

Maharashtra-based construction engineering company Ashoka Buildcon has committed an investment of INR 9,000 crore in setting up a green hydrogen production plant in Bihar.

The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.