The US Energy Storage Association (ESA) has adopted a target of 100GW of energy storage capacity in the country by 2030, a capacity it said would help facilitate greater penetration of renewables.
A round-up of the latest news from the US, where SEIA endorses a tax exemption for solar projects in California, an ex-CAISO chair calls for additional storage and 174 Power Global energises a 180MW facility in Texas.
The levelised cost of electricity (LCOE) of solar in the UK could fall to just £28/MWh by 2040, according to new projections published by the country’s government.
Despite an uptick in activity in June, India added just 351MW of solar generation capacity in Q2 2020, down 64% on the previous quarter, as the industry was hit by COVID-related constraints.
A joint venture between Sol Systems and financial services firm Nationwide has completed the purchase of 148MW of US solar assets from Cypress Creek Renewables.
Liam Stoker and Andy Colthorpe return for the August 2020 episode of the Solar Media podcast, reflecting on the biggest news stories from the global solar and energy storage ecosystems.
Major polysilicon and solar wafer producer GCL-Poly has warned investors that it expects to make a net loss of at least RMB1.5 billion (US$217 million) for the first half of 2020 as market demand and other issues impacted profitability.
China-based PV module manufacturer ZNShine Solar plans to more than double its manufacturing capacity by 10GW over the next two years, focusing on large-area, high-efficiency modules to improve its competitive position.
Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year.
