The solar plant developer, which is now based in the States, was upbeat in its first-quarter figures but balance sheet borrowings remain a concern.
Matt Harper, chief commercial officer of newly-merged British-Canadian vanadium redox flow battery business Invinity Energy Systems has spoken to pv magazine about the VS3-022 Battery Unit it is marketing for grid scale solar-plus-storage projects and why it may be a better bet than lithium-ion.
The International Seabed Authority will change regulations for deep-sea mining this year. The ocean floor is covered with potato-sized pebbles containing high levels of cobalt, manganese, nickel and copper – materials that could soon be in short supply as the energy transition progresses.
The losers in a world which no longer runs on fossil fuels are obvious but the dividend from shrugging off hydrocarbon dependency will be spread around most of the world so it is the nations which are winning the cleantech manufacturing and intellectual property race which appear best positioned for the future.
The company said that multicrystalline modules accounted for 68% of its shipments in the fourth quarter and 74% for all of 2019, with monocrystalline modules accounting for 32% and 26%, respectively.
Xinyi Solar reported record profits earlier this month, not surprisingly prompting bullish talk of extending its plans to expand production capacity this year and next. However, with PV demand in Europe key to its returns, the company has accepted the coronavirus epidemic may have an impact this year.
English partners appear to be in demand with a London-based vanadium flow supplier tying up with a U.S. partner just as an automotive design company in Coventry announces plans for electric and hydrogen vehicle production in the West Midlands.
Researchers at MIT say the immense hydropower resources of the Canadian province could be used as storage to even out the supply of intermittent renewables generation in New England and New York state.
The Chinese-Canadian module manufacturer will supply panels to the U.K.-based developer over several years. The modules are destined for projects in the United States and Australia.
The luxury car maker is betting on the timely development of market-ready solid-state batteries. Mercedes will work with the Canadian research institute to quickly integrate new technology into field applications to cut development cycle times.
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