Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
In an effort to accelerate their renewable goals, a number of U.S. colleges and universities have been using Covid-related shutdowns to assess their energy needs, how those needs are filled and what more they can do.
New research from Wood Mackenzie shows that overall system costs for installations using mono PERC modules are set to fall by as much as 20% by 2025.
2.05 GW of PV modules were shipped in March before plummeting to 1.24 GW in April. Yet, while shipments slowed, the cost per peak watt reached and sustained record lows.
Featuring a monitoring system that tracks system performance, a comprehensive operating platform and stackable system design, Fluence claims its new solution is capable of reaching gigawatt-sized deployments while driving project costs down as much as 25%.
“90% by 2035 is the sweet spot” for a pathway that uses existing technology, allows “judicious use” of existing generation assets, and “achieves near-complete decarbonization in a realistic timeframe,” said study co-author Nikit Abhyankar of UC Berkeley. The resulting lower wholesale cost of electricity by 2035 “was a surprise for us.”
Also in the brief: Terra Pave Albedo is an America Made Solar Prize competition finalist, a list of environment and climate organizations that have made statements on racism. Plus — “Coal consumption will be crushed in 2020.”
Electricity consumers would pay at least $1.1 billion more per year in the 13-state PJM grid region, says a new report, while 8.5 GW of capacity sales from new solar developments would be excluded from the capacity market, and corporate solar purchase agreements could cost 50% more — if courts uphold a federal regulation known as “MOPR.”
Now that the two-year tax holiday enjoyed by solar and wind projects operating on federally-owned lands is over, project owners and developers are facing back rent with more expensive leasing costs looming in 2021. With federal land being critical to a renewable future, what can be done?
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