U.K. government announces 2050 carbon neutrality ambition
Leaving with a last hurrah, Brexit casualty prime minister Theresa May has announced a statutory instrument to amend the Climate Change Act of 2008. The law currently prescribes an emissions cut of 80% by 2050, from a 1990 baseline. The new law will aim for net zero emissions by 2050, making the U.K. the first G7 nation to pass such legislation.
Electric vehicles help slash payback periods for residential PV
The Institute for Energy Economics and Financial Analysis has estimated the effect on the payback period of PV systems when adding EVs and storage in Germany and Britain. In both cases, system owners are likely to reduce their payback period by significant margins as increased self-consumption can offset the incremental phase out of government incentives.
Ensuring quality or ‘how to avoid the race-to-the-bottom’
What problems are being encountered and how to avoid them by learning from past mistakes? With booming installation rates across all segments of the Australian solar market, quality issues have been pushed into the forefront, and quality assurance has become instrumental in shaping further uptake.
Banks turn their back on coal amid emissions concerns
While global coal mining companies are enjoying the highest prices in years on the back of strong Asian demand, banks and financiers are increasingly ending their support for coal power. London-based Standard Chartered the latest to stop financing new coal-fired stations.
Momentum builds for perovskite tandems, 25%+ efficiency achieved
Researchers from Helmholtz-Zentrum Berlin (HZB) and Oxford PV have presented a new record perovskite tandem solar cell, with a 25.2% conversion efficiency, independently verified by Fraunhofer ISE. Bernd Stannowski, from HZB presented the results this week at the World Conference on Photovoltaic Energy Conversion (WCPEC-7) in Hawaii.
