The developed world is facing scenarios of zero economic growth or even recessions, as inflation, energy costs, interest-rate rises, and tougher lending criteria makes life tough for business. But money is flowing into the energy transition by scaling and commercialising existing technologies, reports pv magazine’s Tristan Rayner.
The idea of capturing solar power in space for use as energy on Earth is not new but the race for space-based solar power is heating up and global superpowers China and the United States are leading the way.
The Clean Energy Council has reiterated calls to reform the grid connection process to provide increased certainty and security for investors after a new report revealed only one renewable energy generation project reached financial close in Australia in the third quarter of 2022.
The Australian Energy Market Operator has launched an online connections simulator designed to improve and accelerate the grid-connection process for new energy generation and storage projects in the National Electricity Market.
Renewable energy developer Neoen has inked a connection agreement with network operator ElectraNet which will allow for the first stage of its $3 billion (USD 2 billion) Goyder South project to connect to the grid in South Australia, paving the way for future wind, solar and battery storage opportunities at the site.
Freight costs fell for the 39th straight week to account for roughly 4% of solar module costs – close to pre-pandemic levels. PV consultant Asier Ukar tells pv magazine that this trend will likely continue over the short term.
Norway-based solar manufacturer REC Group has commenced production of the fifth generation of its TwinPeak module series, offering improved power outputs from 395 W to 415 W and efficiencies ranging from 20.1% to 21.1%.
A research group led by Professor Martin Green has published Version 61 of the solar cell efficiency tables. The tables include a world record for a silicon heterojunction cell, announced by Longi earlier this week, as well as five more new results.
AMG Advanced Metallurgical Group has energised its first hybrid storage system based on lithium-ion batteries and vanadium redox flow batteries in Germany. The system reportedly combines the advantages and electrochemical properties of both storage technologies.
Cornwall Insight Australia energy consultant Con Dimitrakakis explores how “clean” the hydrogen produced in Australia by a grid-connected electrolyser could be, depending on its location and change in variable renewable energy penetration into the grid.
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