Energy Update
Battery maker LG Energy Solution signed agreements to secure lithium and cobalt supplies from Snow Lake Resources Ltd., Electra Battery Materials Corp. and Avalon Advanced Materials Inc.
All three produce the resources in Canada and LG Energy Solution said the agreements align with its vision to reinforce its battery materials supply chain in North America.
Contemporary Amperex Technology Co. signed a master supply agreement with FlexGen Power Systems to supply 10 GWh of energy storage equipment over a three-year period.
China-based CATL will supply FlexGen with EnerC, a containerized liquid-cooling battery system with an expected lifespan of 20 years. The product’s energy density can reach 259.7 kWh per square meter, which CATL said is almost a 200% increase over air-cooling systems.
While solar advocates have cheered a recent slew of project announcements that herald a possible domestic manufacturing revival, U.S. border officials offered a glimpse into the volume of imports from China that is being detained by recent enforcement actions.
Data source: California Independent System Operator
Data analyzed by the Energy Department’s Energy Information Administration (EIA) show that California’s grid relied heavily on natural gas-fired generating resources during an early September heat wave. The share of electric power generated by nuclear, solar, wind, batteries, and other sources actually fell.
Amazon said it plans to add 2.7 GW of capacity across 71 new renewable energy projects worldwide, including solar farms in Brazil, India and Poland.
Once in service, the company’s global renewable energy portfolio is expected to generate 50,000 GWh of energy.
SEG Solar said it plans to set up a PV module manufacturing plant in Houston with an anticipated annual capacity of more than 2 GW.
The facility is expected to start construction at the end of 2022 and be fully operational by mid-2023.
Plans call for the plant to run three production lines capable of producing high efficiency N type Topcon solar modules with 182mm or 210mm solar cells.
Engineering company Sweco has been tasked with conducting a feasibility study for floating solar technology in hydro reservoirs in Uganda, as well as completing detailed design of a pilot plant.
Solar foundations company Ojjo said it closed a $40 million Series C funding round led by NGP ETP and with Ajax Strategies also participating.
In addition, James Wallis, partner at NGP, has joined Ojjo’s board of directors. The new funding is expected to speed Ojjo’s growth and execution on its 9 GW project pipeline.
Panasonic Eco Systems North America released two new lines of its EverVolt solar modules for the residential solar market.
The 430W/420W HK Black Series panels offer half-cut cells and heterojunction technology with gapless connections and are made with Passivated Emitter and Rear Contact (PERC) technology.
Panasonic made the announcement at RE+ 2022.
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