SMA swings to profit in first three quarters of 2020
Despite the coronavirus pandemic, the photovoltaic inverter maker was able to significantly increase its turnover and sales compared to the previous year.
Despite public sentiment, Morrison government goes it alone on gas
Australia is increasingly at risk of becoming “internationally isolated” with Prime Minister Scott Morrison declaring his government will not be dictated to by other countries on energy and climate policies.
Major economies should divert fossil fuel Covid-recovery cash to clean energy before it’s too late
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.
Fraunhofer to develop battery inverter for whole-area UPS and renewables integration
Industrial and academic partners are developing a battery inverter which can be grid connected under normal operation but can also use nearby renewables generators to form an island grid, for whole-area uninterrupted power supply.
Fiji plans ‘Pacific’s largest solar project’
The island nation has agreed a deal with the World Bank’s International Finance Corporation to develop at least 15 MW of generation capacity in a US$15 million project.
Update of the ITRPV roadmap shows three wafer formats will prevail
In an update to its International Technology Roadmap for Photovoltaics, the German engineering association the VDMA said that solar module sizes of up to 4.0m² may be brought to mass production in the future.
Scania develops solar cell-clad trailer
The 18-meter long solar cell-clad trailer is said to enable fuel savings of 5-10% in Sweden. Swedish thin-film manufacturer Midsummer is a partner on the project.
Agrivoltaic project with vertically mounted bifacial panels goes online in Germany
German developer Next2Sun has completed a 4.1 MW solar plant built with roughly 11,000 bifacial panels provided by Chinese manufacturer Jolywood.
Another bumper year sees green bonds push through $1tn mark
Sustainability-linked debt financing is experiencing ever increasing popularity and the success of green bonds has driven other products linked to social performance and other sustainability criteria. The total volume of such investments to date passed the $2 trillion point this year.
Trafigura to develop 2 GW of renewables though partnership with Australian investment group IFM
Oil and metals trader will join forces with Australian investment group IFM to launch the new entity, which will develop solar, wind and energy storage projects – some of them supplying clean energy to Trafigura operations – as well as making acquisitions.
