Despite the rumors I have been hearing, I am still alive and well. I imposed a forced break on myself as my work load has been out of hand lately, and I had to recover from a nasty tropical parasite . I will start writing again in the next couple of days.
Some great news as far as solar is concerned.
The cost of solar panels has dropped to 39 cents US in some countries
Mercom calculates that Chinese modules flooding the Indian solar market are currently available for around $0.39/watt – the cheapest average selling price (ASP) anywhere in the world. Further price falls are expected as China’s oversupply continues due to harsher market conditions in China prompting leading Tier-1 companies to look at next door’s market for customers.
India’s cumulative solar capacity surpassed 8.1 GW in August as year-to-date installations reached 2.8 GW, setting the country on course to add 4.8 GW of new power capacity this year, according to a new quarterly update from clean energy research firm Mercom Capital Group. The nation’s solar project pipeline has risen to around 21 GW, of which 14 GW is already under development and a further 7 GW scheduled for auction as the effects of India’s National Solar Mission (NSM) take hold.
A recent bid to supply the Grid in the middle east with solar power at record low prices
The Abu Dhabi Water and Electricity Authority confirmed in September that it had received the lowest bids ever for solar power. Five bids were made into ADWEA’s 350-MW tender, the lowest coming from Japan’s Marubeni Corp and China’s JinkoSolar Holding Co. at just dirhams 88.8/MWh ($24.0/MWh).
Tests in Italy with Utilities could see energy storage costs fall 10 fold in near future.
Italy’s Green Energy Storage has the European licence. It is building a prototype with the Kessler Foundation at Trento University, backed by EU funds. “We have a chemistry that is ten times cheaper than anything on the market,” said Salvatore Pinto, the chairman. “We are speaking to three utilities in Europe and we will install our first battery as a field test next year,” he said. The technology was derived by a Harvard team is addressing the challenges of grid storage by designing a flow battery based on inexpensive organic molecules in aqueous (water-based) electrolyte.The team has focused on non-toxic quinone molecules, which can be found in plants such as rhubarb, as an electroactive chemical that can reversibly store energy in a water-based solution at room temperature.
The design simple. It uses a tank of water. You could have one at home in Los Angeles, Lagos, Buenos Aires, Delhi, or Guangzhou, storing solar power in the day to drive your air-conditioning at night. It could be scaled up for a 500 megawatt wind farm.