The Hydrogen Stream: Global pipeline projects to surge by 2035, says Rystad
Norwegian consultancy Rystad Energy says that hydrogen pipelines will be “far better” than vessels at moving hydrogen over short- and medium-range distances in the years ahead.
Ireland to slash VAT on residential PV to 0%
The Irish cabinet plans to present a new measure in its finance bill this week to eliminate value-added tax (VAT) on solar products.
Austria launches $16 million rebate scheme for residential storage
Austria’s new incentive program will support the deployment of residential batteries with storage capacities of 4 kWh to 50 kWh.
Spain reports soaring number of hybrid wind-solar projects now under review
Spain’s Ministry for the Ecological Transition says it is now reviewing a significant amount of hybrid wind-solar power projects. The developers include Iberdrola, Acciona, Forestalia, Ignis, and Enel Green Power.
Australian manufacturer reveals 1 MWh sodium chloride battery design
Altech Batteries, a battery tech company in Western Australia, has included “game-changing” sodium chloride technology in its new battery 1 MWh GridPack. It said it expects the new systems to be up to 40% cheaper to produce than dominant lithium-ion alternatives.
PV payback times hit average of 20 years in 2022, says SolarPower Europe
High interest rates and hefty capex drove up the average payback time for solar in Germany, Spain and Italy to around 20 years in 2022, according to a new report by SolarPower Europe (SPE) and Energy Brainpool. pv magazine recently spoke with SPE Market Analyst Christophe Lits to crunch the numbers.
Chinese module prices to fall by 15% from Q4 2022 to Q4 2023, says CEA
Solar module prices will be pressured by rising industrial capacity this year, with capacities doubling in the ingot/wafer stages and potentially quadrupling for polysilicon by 2027, according to the latest PV pricing report from Clean Energy Associates (CEA).
New software modeling tool for agrivoltaics
Sandbox Solar, a solar developer and US federal grant recipient, has released a beta version of its software modeling tool for agrivoltaic power plants. It supports the design and optimization of solar panels, as well as the crops underneath.
China exported 29.6 GW of solar panels in January-February period
New figures from China’s General Administration of Customs show uninterrupted growth in global solar module demand. Chinese manufacturers exported 14.85 GW of panels in January and 14.82 GW in February.
European Union set to raise renewables target to 42.5%
The European Parliament and the Council have reached a provisional agreement to raise the EU’s binding renewable energy target for 2030 to a minimum of 42.5% of the overall energy mix. The bodies also agreed on a further 2.5% indicative target, which would set Europe on a path to at least 45% renewables within this decade.
