A new report shows that renewable energy companies will continue to compete in upcoming auctions in India, undeterred by challenges such as rising materials costs and surging interest rates.
Tongwei has also secured another massive polysilicon order and Golden Glass has invested in more heterojunction solar cell capacity. Furthermore, China’s National Energy Administration (NEA) said 23.7 GW of new solar was deployed in China in the first five months of the year.
Alsym will produce its new batteries – made of readily available materials, without lithium or cobalt – for electric vehicles, stationary storage, and marine applications.
Enovix has shown that its US-made silicon anode lithium-ion batteries can charge from 0% to 80% in just five minutes.
Hinduja Group, an Indian multinational, has invested GBP 15 million (($18.4 million) with four other investors in Connected Energy, a developer of energy storage systems based on second-life electric vehicle batteries. The investment will help Connected Energy to scale up its operations and move into utility-scale project development.
French solar energy institute INES has developed new PV modules with thermoplastics and natural fibers sourced in Europe, such as flax and basalt. The scientists aim to reduce the environmental footprint and weight of solar panels, while improving recycling.
A couple of weeks ago, Goldman Sachs sent shockwaves through battery metals markets, issuing a prediction that cobalt and lithium in particular were due for a sharp price decline in the next two years. But London-based Benchmark Mineral Intelligence is loudly pushing back, outlining its reasons why it believes the call on lithium was wrong. Meanwhile, US analyst Wood Mackenzie says that the battery raw material chain will remain tight, but notes that recycling could help to ease the supply deficit.
Battery startup Nunam is working with German carmaker Audi AG and the Audi Environmental Foundation to roll out electric rickshaws powered by used Audi e-tron used batteries. It expects to launch the e-rickshaws in India at some point early next year.
Hiren Pravin Shah, the executive director and CEO of Replus, told pv magazine that the company aims to scale its lithium battery factory in Pune to 5 GWh by 2025-26. It also plans to recycle end-of-life batteries.
Longi Solar outlines its high-temperature mitigation logic in designing the lower current, high-wattage Hi-MO5 solar panel series.
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