A consortium of European research institutes has received €10.6 million in EU funding to establish pilot production of a high efficiency module concept developed by Swiss startup Insolight. The module combines high efficiency multijunction cells with a solar concentrator lens and has previously demonstrated 29% efficiency.
The state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in India.
The two nations are due to sign an MoU today to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
Industry superannuation fund manager IFM Investors has announced an ‘unprecedented’ set of Australia’s largest infrastructure assets have set firm emissions targets which are expected to be met with large-scale solar uptake.
Australian Vanadium and Metrowest Power Systems have signed a non-binding memorandum of understanding to facilitate energy storage opportunities using vanadium redox flow battery technology.
The energy storage market is set to be the latest affected by Trump’s trade war, and lithium-ion batteries were not included in a group of Chinese imports where tariffs will be delayed until December 15.
In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week Prime Minister Scott Morrison is set to announce $500 million in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.
Australian mining giant BHP and its strategic partner Mitsubishi Development, the holding company of Mitsubishi’s coal investments in Australia, have pledged to pursue emissions reductions, including from the life-cycle use of marketed products.
Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
The South Korean battery manufacturer has joined forces with Victorian recycler Envirostream to develop processing solutions and reduce battery waste stream in Australia.
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