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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.

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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.

REC Silicon can’t say when polysilicon lines will start up again

The Norwegian polysilicon supplier – which has most of its manufacturing operations on U.S. soil – cannot give any estimate on when its production of polysilicon for solar will return, and has been left entirely dependent on the semiconductor products made by its Montana facility.

Solar, storage and wind can keep us on track as far as 2030

This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.

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Fate of Washington polysilicon plant hinges on Trump, Jinping meeting

REC Silicon has delayed full shutdown of its Moses Lake polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.

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Plug-in hybrid cars have as much longevity as Betamax and MiniDiscs – stick to pure electric

A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.

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Rise of bifacial lifts profits for the world’s tracker companies

Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.

Tesla borrows $520m from China for Shanghai Gigafactory

The electric carmaker has signed 12-month credit agreements with three of China’s “Big Four” lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.

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Trump trade announcement offers hope of breakthrough

The president last night announced he is hoping to arrange a meeting with Chinese counterpart Xi Jinping to bring an end to the long-running trade stand-off between the two nations, provided further progress can be made in negotiations.

Canadian Solar revises up estimates while giving PG&E update

The Chinese-Canadian manufacturer and developer says that current contracts with PG&E are in doubt, but expresses more confidence about projects due to be interconnected.

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