According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.
Wrapping up the year in which it established its wholly-owned manufacturing facility in Thailand, the Brisbane-based battery supplier says it is negotiating contracts with a number of customers, sharpening its focus on key target markets in Australasia, Asia Pacific and South Africa.
While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.
The new control room located in Bangkok will help the German renewable energy developer to keep tabs on its growing APAC portfolio.
The addition of 7,200 MW of large-scale renewable energy supply since the closure of coal-fired power plants in 2016 in expected to almost halve wholesale electricity price over the next four years, shows the latest analysis from Green Energy Markets.
The new federal Energy Minister has revealed his thinking, although few details, as to the measures the government will take in pursuit of its new “laser like” focus on electricity price reduction. While denying that he is a climate sceptic, emissions reduction clearly has no place in proposed policy measures.
The delayed establishment of state-owned renewable energy corporation CleanCo has kicked off. The new generator is expected to save households approximately $70 annually.
Australia’s first commercial installation of printed solar cells, made using specialised semiconducting inks and printed using a conventional reel-to-reel printer, has been installed on a factory roof in Newcastle.
According to the German solar trade association, BSW-Solar the number of energy storage systems in Germany is set to double in two years. Already, politicians recognize the increasing relevance storage has, in light of the progressing energy transition.
Thailand-based Modern Energy Management (MEM) says it has teamed up with an undisclosed investor to develop a 130 MWp solar PV project in Myanmar. It is expected to come online in Q4 2019. Overall, the country is said to have a large-scale solar pipeline totaling 1.5 GW.
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