A new report from Wood Mackenzie suggests costs of front-of-the-meter battery storage systems in the Asia Pacific region could decline by 30% by 2025. The declining costs are already having a palpable impact as 2021 has opened with a slew of large-scale battery project announcements.
The Indonesian government has announced the construction of a big PV plant in the eastern part of the country, explaining that the region is particularly suitable for solar development due to its dry climate and high solar radiation levels. The region is indeed the most suitable area for solar parks, due to land availability and high electricity generation costs.
Technical innovation and solar module production at scale bring with them the opportunity to integrate environmental responsibility. One major manufacturer is reaping returns on its investment.
Throughout 2020, a fast-moving story played out in PV module technology, with the introduction of larger wafers and subsequently larger module formats seeing the industry break into two camps, backing either 182 mm or 210 mm wafers. It remains to be seen whether one or the other will become a new industry standard, and both sizes will likely be plentiful on the market for the next few years at least. pv magazine takes a look at how we got to this point.
Wood Mackenzie’s Asia Pacific predictions for the energy market in 2021 are in. The firms analysts see wind and solar continuing to grow throughout the region driven by China, but notes that gas and coal aren’t going anywhere fast.
Fortescue Metals Group Chairman Andrew ‘Twiggy’ Forrest returned to Western Australia last week after a 4-month worldwide search for green energy projects and resources. One of the deals secured on the trip was a circular partnership with South Korean steelmaker Posco. The deal sees Fortescue supply Posco with iron ore, Posco use said ore to make steel, and Fortescue use said steel for renewable energy projects to make green hydrogen.
The use of polymer electrolyte membrane fuel cells as backup power generation in solar microgrids could drive down costs and improve efficiency, according to an international group of researchers. They have proposed a new energy management system that could be ideal for hybrid solar-hydrogen microgrids in remote locations.
The latest in Cleantech Solar’s 500+ MW portfolio of solar projects rolling out on manufacturing-facility rooftops across Asia is a major Indonesian tyre producer set to green the supply chain for future vehicles.
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