Two Chinese companies have announced plans to build a one gigawatt solar photovoltaic plant in the exclusion zone surrounding the Chernobyl nuclear reactor, reviving the site after the worst nuclear power plant disaster in history.
Thirty years after a catastrophic meltdown in 1986 forced the authorities to evacuate all people and create an exclusion zone within a 30 kilometer radius of the Soviet nuclear plant located on the territory of modern Ukraine, Chinese clean energy giant Golden Concord Holdings Limited (GCL) embraced the ambitious project of reviving the area by building a solar plant within the exclusion zone’s confines.
GCL System Integration Technology [...]
By Robin SaylesPrécis: China’s first utility-scale CSP plants will lower development costs using domestic supply but extreme weather conditions in high-DNI areas could offset savings, industry experts told CSP Today.
China is to complete its first batch of 20 CSP projects by 2018, representing a total capacity of 1.4 GW, China’s National Energy Administration (NEA) said September 14.
The projects, which include nine solar towers, seven parabolic trough plants and four Linear Fresnel plants, will receive a Feed-in-Tariff (FiT) of 1.15 yuan per kWh ($0.22/kWh).
The cost of materials and labor in China could be [...]
Even though photovoltaic (PV) inverter shipments to China increased in 2014, significant price declines have caused revenue to drop. Despite PV inverter shipments to the Chinese market increasing nearly 18 percent last year to reach 13.3 gigawatts (GW) of alternate current (AC), revenues dropped 6 percent, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
Price wars among Chinese suppliers have become so fierce that many small suppliers have left the market entirely. Despite only formally launching its inverter portfolio in late 2013, Huawei was able to make significant gains and quickly become the second largest supplier in [...]
Companies like Alstom power, Axion Power, Beacon power, GE, Maxwell Technologies, Altairnano Technologies, Shandong Sacred Sun Power Source Co., Ltd., Zhejiang Narada Power Source Co., Ltd., Shenzhen Inovance Technology Co., Ltd., Zhongtian Technology Co., Ltd., Fengfan Co., Ltd. & BYD are involved in this research.
Energy storage finds wide application in electric power system, involving all aspects of power generation, transmission, distribution and end user. Technically, energy storage for grid system can be divided into mechanical energy storage, chemical energy storage and electromagnetic energy storage, including the widely used pumped storage under mechanical energy [...]