Max Hall
Chinese PV Industry Brief: Financials, a new GW-scale factory, and big hydrogen
Longi and Sungrow both announced solid financial results last week. Module maker China Solar delayed the resumption of trading on the Hong Kong stock exchange, and polysilicon producer GCL-Poly unveiled plans to raise up to $16.8 million by issuing shares. Coal miner Baofeng Energy, meanwhile, announced the construction of what it claims will be the world’s largest PV-powered hydrogen plant, and Seraphim and Lu’An Solar revealed that they will open a 5 GW PV panel factory in China’s Jiangsu province.
First Solar manufacturing unaffected by Covid-19 measures
The U.S. thin-film solar company says its production lines in Ohio, Malaysia and Vietnam have thus far been able to carry on operations. The company says measures have been taken to protect its workers at all of its premises.
Avalon and redT unite in $70 million merger of vanadium redox flow battery startups
Two vanadium redox startups join to take on the $0 billion flow-battery market.
Beijing to develop 500 MW of solar in Uganda
State-owned China Energy Engineering said the PV capacity will be developed in two phases in a deal worth $500 million.
The world will add 142 GW of new solar this year
IHS Markit has predicted another year of global solar growth but there’s some uncertainty dogging the markets of China and India, two of the most crucial (and polluting) regions.
How will the US-Iran crisis impact the solar industry?
Four days after the drone attack ordered by the U.S. which killed Iranian power broker Qassem Suleimani, energy forecasting service AleaSoft said the price of Brent was rising again today. The potential shake out of rising oil costs for the solar industry is difficult to predict.
REC Silicon prepared to power down the rest of its operation
The Norwegian polysilicon and silane gas producer has announced it will listen to offers for its production facility in Butte, Montana after mothballing its other manufacturing operation – at Moses Lake, Washington – in the summer.
Solar pays tribute to founding father of SolarEdge
A tribute to Guy Sella has hailed him as “a brilliant man” and a “revolutionary trailblazer”.
Utility scale, rather than behind-the-meter batteries will drive energy storage take-up
BNEF has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
Megapack marks Tesla’s new play for utility scale storage
The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.
