ReneSola posts 86% increased Q3 revenue, reflecting near-term addition of European IPP assets
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
Quinone flow battery for grid-scale renewables storage now close to commercial viability
Startup Quino Energy has raised more than $7.8 million to scale up its quinone redox flow battery technology. Harvard University and University of Cambridge researchers came up with the initial research for the battery design.
Grid experts call for a national initiative to facilitate a high-DER grid
To reach the full potential benefits of distributed energy resources (DERs), a national initiative is needed to transition efficiently to a high-DER electricity system, says a task force of grid experts convened by the nonprofit group ESIG.
The mobility rEVolution: Rising gas prices supercharge EV adoption in the US
In the US, Volkswagen partners with Tesla cofounder’s company Redwood Materials to recycle EV batteries; in Germany, Volkswagen launches renewables-powered fast-charging EV park with second-life batteries; and Polestar, Mercedes and BMW release fresh sales figures.
Partnership formed to develop PV integrated steel for active green buildings
Tata Steel and Swansea University are researching applications for perovskite solar cells to be integrated with steel in building structures.
The Hydrogen Stream: Novel tech for extracting hydrogen gas from liquid carriers
North Carolina State University (NCSU) has developed an energy-efficient strategy for room-temperature hydrogen release from liquid hydrogen carriers, which uses less rhodium. Elsewhere in the world, Airbus launched its Zero Emission Development Centre in the UK, Toshiba ESS teamed up with Fusion Fuel to target Australian and European markets, and Corfo signed agreements to finance three renewable hydrogen projects with GNL Quintero, iCAP, and Air Liquide in Chile.
Trina launches grid-scale storage solution
Trina Storage’s new 2.1 MWh DC All-New Elementa solution is a modular LFP battery cabinet with a plug-in concept to connect multiple units. The company is ramping up battery manufacturing capacity to strengthen vertical integration, given supply chain risks throughout the world.
Ultracapacitor sonar seeking a 100% solar and wind grid
Reactive Technologies uses an ultracapacitor to send signals into the grid that help managers determine the level of system inertia, supporting power grid stability, and they’re coming to the United States.
Construction complete for Colorado steel operation’s 300MW solar project
The Bighorn Solar Project has been completed by McCarthy Building in partnership with project owner Lightsource bp.
Paired with “wonder material,” over 21% efficiency demonstrated in perovskite solar cells
The use of phosphorene nanoribbons boosted the cell, putting it on par with traditional silicon cell output levels.
