Developed by Chinese researchers, the novel hybrid storage technology may achieve an efficiency of over 80% and be applied in distribution and transmission grids. The proposed combination is reportedly able to offer the advantages of gravity energy storage and power-based storage systems in a single solution.
Renewables investor Quinbrook Infrastructure Partners has confirmed its focus is on the onshore potential of Sun Cable’s estimated $35 billion (USD 22.76 billion) Australia-Asia PowerLink project that aims to deliver up to 800 MW of renewable energy into Darwin and export solar from Australia to Singapore via a submarine transmission link.
Longi said today it cut the prices of its wafer products by 30% and Trina announced it will build a 25 GW monocrystalline ingot factory in the Sichuan province. Furthermore, the National Bureau of Statistics (NBS) revealed that the Chinese PV industry produced 39.92 GW of solar cells in April, and Datang Group unveiled the results of a tender to procure 8 GW of solar panels.
A global race is underway to capture the manufacturing market for clean energy technologies. While lady lucky has certainly shone on Australia, competition is fierce, experts say.
An international research team in China has used Czochralski n-type c-Si wafers from China-based Sichuan Yongxiang to build textured wafers with a thickness ranging from 65 μm to 55 μm. They have used the wafers in heterojunction solar cells ton hit efficiencies close to those of devices cells based on conventional wafers.
The world’s largest solar event has expanded to accommodate the remarkable growth of China’s PV industry, which remains unfazed by future oversupply and international competition. Analysts and market players say Chinese PV demand could reach 130 GW.
A consortium led by tech billionaire Mike Cannon-Brookes’ Grok Ventures and including green energy investment manager Quinbrook Infrastructure Partners has been successful in acquiring the giant $35 billion Sun Cable renewable energy project.
Australia’s push to become a green hydrogen superpower has gained new momentum with the federal and Queensland governments teaming with consortium partners to deliver $117 million (USD 76 million) to progress a 3 GW renewable hydrogen project being developed near Gladstone on the central Queensland coast.
The new series comes in seven versions, with power outputs between 560 W and 590 W. The power conversion efficiency ranges between 21.7% and 22.8%
China exported 154 GW of PV modules, 24 GW of solar cells, and 41 GW of wafers in 2022. In 2026, annual cell and wafer exports could hit 230 GW and module shipments could reach 149 GW, according to Wood Mackenzie.
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