In 2023 solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
The International Energy Agency has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
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.
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