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Why insurers are adjusting underwriting criteria for renewable assets

It’s no secret that extreme weather events are increasing, both in terms of severity and frequency. Australia is no exception. Despite historically seeing a relatively low occurrence of natural catastrophes, over the past 24 months the country has experienced cyclones, bushfires, large hail storms and numerous flooding events. This includes the recent floods in March of this year, in which New South Wales and parts of Queensland saw the worst flooding the region has experienced for six decades. Recent estimates predict the flooding to have caused between AU$919 million and AU$1.055 billion* in insured losses.

Sunday read: Europe’s gigafactory boom – 25 by ‘25

A gigafactory, as the name indicates, is a facility that aims to produce Li-ion cells at a gigawatt-hours scale of total capacity, so they can then be used in electric vehicles or stationary storage applications. The global production capacity of Li-ion cells is expected to reach 740 GWh by the end of 2021 – almost a threefold increase from 2017 – and Europe will account for 8% of the total. João Coelho, an analyst at Delta-EE, looks at how Europe plans to catch up.

Saturday read: Southeast Asia’s big PV plans – 27 GW by 2025

PV markets in Southeast Asia have picked up over the past two years, driven by the astounding growth of Vietnam. Regional policies, combined with growing demand for renewable power in the manufacturing industry, will result in 27 GW of new PV installations across the region over the next five years, writes IHS Markit analyst Dharmendra Kumar. PV installations in these countries are driven by attractive feed-in tariffs, net energy metering, tariff-based auction mechanisms, and other incentives.

The sunlight that powers solar panels also damages them. ‘Gallium doping’ is providing a solution

Solar power is already the cheapest form of electricity generation, and its cost will continue to fall as more improvements emerge in the technology and its global production. Now, new research is exploring what could be another major turning point in solar cell manufacturing.

China added 13 GW of solar to the end of June

The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nevertheless outpaced by new wind farms in the first six months of 2021.

Solar export charging: a solution or just added confusion?

My partner and I just bought our first home, and after years of renting, we’re excited to get the keys and finally have the chance to install solar. But the process of choosing a solar installer and appropriate system size, ensuring that our appliances are set up to utilise energy during the middle of the day, and picking the best deal from a retailer is daunting – even for someone like me who works in energy.

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Australia could add 4 GW of rooftop solar this year

The head of the nation’s Smart Energy Council told an event organised by the Global Solar Council, that landmark could be achieved even amid Covid-19 restrictions.

Sunday read: Solar in Gaza, PV resilience under fire

The Gaza Strip, one of the most densely populated areas in the world, is embracing solar energy as a reliable local energy source. However, its 2 million residents still only have access to electricity for just a few hours per day. Amjad Khashmann reports on damages to installed PV systems and the urgent need for new installations to support education, water, and health care.

New battery chemistry tweak could double EV range

Researchers at the Pacific Northwest National Laboratory have developed a revolutionary lithium-metal battery chemistry that could allow electric vehicle batteries to almost double their capacity, while also overcoming historic setbacks.

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India could add 8.5 GW of solar in FY2022

Solar capacity addition in the fiscal year 2021-22 will surge, led by a strong project pipeline. Tariffs will go up amid rising module prices but will remain competitive at below INR 3/kWh (US$ 0.040/kWh).