World

Two Korean research institutes are designing a space solar power satellite project with the aim of providing approximately 1 TWh of electricity to the Earth per year. The proposed system would use 4,000 sub-solar arrays measuring 10 metres × 270 metres and comprising thin film roll-out, with a system power efficiency of 13.5%.

The Chinese manufacturer said Germany’s TÜV SUD has confirmed the results.

Spanish manufacturer Soltec has developed a new dual-row, single-axis tracker with a tracking range of up to 60 degrees, offering compatibility with 60-cell, 72-cell and 78-cell modules.

Researchers in India have simulated a 4 kW solar power-based hybrid electric vehicle charging station using a three-stage charging strategy and found that the station is capable of charging 10–12 EVs with 48 V 30 Ah lithium-ion batteries.

China-based Contemporary Amperex Technology Co. (CATL) has launched its new TENER energy storage product, which it describes as the world’s first mass-producible 6.25 MWh storage system, with zero degradation in the first five years of use.

Tesla’s global electric vehicle sales are plummeting, but its energy storage business is surging, with more than 4 GWh deployed in the first quarter of 2024 alone.

The need for long-duration energy storage in a net-zero world is undeniable but with conventional battery prices tumbling, can anything dislodge the mainstream grip of lithium ion? S&P Global’s Susan Taylor provides an update on non-lithium storage technologies.

Chinese manufacturer JinkoSolar says its solar module shipments reached 78.5 GW in 2023. This year, it says it hopes to sell up to 110 GW of panels.

The first installations featuring the Tesla Powerwall 3 are currently being completed in the United States, with the company promoting a fully integrated solar-plus-storage and electric vehicle (EV) residential system, with big backup power capacity. While the first Powerwall created a new market segment, the latest iteration enters a marketplace in oversupply.

The International Renewable Energy Agency (IRENA) released a new report on the sidelines of the Berlin Energy Transition Dialogue this week describing the actions needed so the world complies with targets set at the recent COP28 conference in the United Arab Emirates. IRENA President Francesco La Camera says renewables are the only energy sources with the speed and scale to achieve the ambitious targets set in Dubai.