Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.
More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.
The Finnish Energy Agency is seeking proposals for annual electricity production totaling 1.4 TWh. Large-scale wind, solar, biomass and wave power projects will be entitled to participate in the auction.
As part of a strategic alliance, BASF and Norilsk Nickel aim to meet growing demand for battery materials for electric vehicles.
Electrifying the global energy system with clean energy is the only way to reach the targets set by the Paris agreement on climate change and avoid the catastrophic scenarios outlined by the recent IPCC report. In an interview with pv magazine, Christian Breyer – Professor of Solar Economy at Finland’s Lappeenranta University of Technology – explains a 100% renewables model is not only technically feasible, but also the cheapest and safest option. With solar and storage at its core, the future energy system envisaged by Breyer and his team will not only stop coal, but also nuclear and fossil gas, while seeing solar reach a share of around 70% of power consumption by 2050. By that time, PV technology could cost a third of its current price.
Overall, the country’s cumulative installed solar power has reached 80.4 MW, with last year’s PV additions totaling around 43 MW. More growth, mainly fueled by solar rebates and tax credits, is expected to be seen this year.
Researchers from Finland’s Aalto University and the Michigan Technological University, in the US, say they have demonstrated the cost per unit of power of black-Si PERC cells could fall 10.8%, despite an increase in cell processing cost.
Hungary-based Sinergy Kft is the recipient of Wärtsilä’s first EPC energy storage project in Europe. The Finnish technology group commissioned the engine plus storage hybrid installation, its first globally, on August 22. The VPP can now provide frequency and secondary regulation to the Hungarian national grid.
Finnish-based energy-solution provider, Wärtsilä has signed an agreement with automobile producer, Hyundai Motor Group to establish a commercial partnership for the use of second-life electric vehicle (EV) batteries in storage solutions.
Scientists led by Aalto University in Finland have developed new ways to test perovskite and dye sensitized solar cells for aging, using fast, low threshold photography.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.