systems

DUBLIN–(BUSINESS WIRE)–October 5, 2022–

The “Global Solar Battery Market Research and Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering.

The global solar cell market is expected to grow at a CAGR of around 15.5% during the forecast period. Increasing demand for sustainable energy storage solutions is a major factor driving the growth of the market. The government is promoting sustainable energy sources, which is forecasting demand for solar cells globally. Some of the major solar cell applications include power plants, solar charging stations, off-grid storage systems, and others.

Therefore, these widespread applications of solar cells effectively reduce the need for imported oil, coal and other fossil fuel resources. In addition, increasing electricity costs and decreasing contribution of solar cells to environmental pollution are also driving the growth of the solar cells market. However, the high cost of solar energy system installation acts as a restraining factor for the market growth.

Segmental View

The global solar cell market is segmented by type and end user. Based on type, the market is segmented into lead-acid battery, lithium-ion battery, and others. Furthermore, on the basis of end-user, the market is classified as telecom industry, home and residential, automotive applications.

The lithium-ion battery segment is estimated to dominate the global solar battery market significantly.

Among the types, the lithium-ion battery segment is projected to hold a significant share of the global Solar battery market. Compared to its competitors such as nickel-cadmium batteries, the lithium-ion battery has a higher energy density, requires less maintenance and has a lower self-discharge rate. It also has a high open-circuit voltage and a good power-to-weight ratio. A major factor driving the growth of the segment is the significant increase in the global adoption of consumer electronics.

The increasing use of these electronics has resulted in an unstoppable demand for high-quality rechargeable batteries, which will drive the growth of the market. In addition, increasing focus on sustainable development as well as increasing awareness about the adverse effects of using conventional vehicles are also contributing to the growth of the market. In addition, stringent government emission regulations to protect the environment and reduce degradation-based capabilities may have a significant impact on the lithium-ion battery market.

Regional perspectives

The global solar cell market is further segmented on the basis of geography, including North America, Europe, Asia-Pacific, and Rest of the World. North America is projected to hold a significant share of the global Solar Cell market due to falling solar cell prices, growth in the renewable sector, accelerating adoption of electric vehicles, and increasing sales of consumer electronics. In addition, the US government is promoting both the EV and renewable sectors, therefore increasing the demand for battery-based energy storage systems driven primarily by solar cells. In addition, the US is the leading economy in global EV sales, followed by Canada. Therefore, increasing adoption rates of electric vehicles will also drive the market growth in the region.

The Asia-Pacific region is projected to grow significantly in the global Solar Cell market during the forecast period

The Asia-Pacific market is projected to witness significant growth during the forecast period. The growth is attributed to increased government initiatives to promote renewable energy sources. China is estimated to be the dominant region as it is the world’s largest producer of electric vehicles. For example, China’s Ministry of Industry and Information Technology (MIIT) announced in December 2019 that new energy vehicles, primarily electric vehicles, will account for 25% of total vehicle sales by 2025. Due to the increasing demand, this market for electric vehicles is expected to grow at a rapid pace in the coming years

Key topics covered:

1. Summary of the report

2. Market Overview and Insights

3. Competitive landscape

4. Market determinants

5. Market Segmentation

6. Regional Analysis

7. Company Profiles

Companies mentioned

Duracell Inc. East Penn Manufacturing Co . Inc.Exide Industries Ltd.Fusion Power SystemsGS Yuasa Corp.Iron Edison Battery Company, LLCLG Corp.Kokam Co.MaxPower, Inc.Okaya Power Pvt. Ltd.PAE Ltd.Panasonic Corp.Samsung SDI Co., Ltd.Schneider Electric SESseed Energy SystemsSMA Solar Technology AGSullivan Solar PowerTesla, Inc.Toshiba Corp.Trojan Battery CO LLC

For more information on this report, visit https://www.researchandmarkets.com/r/ensb4s

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KEY WORD:

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY GREEN TECHNOLOGY ENVIRONMENT

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 10/05/2022 16:25/DISC: 05/10/2022 16:26

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Copyright Business Wire 2022.

Kenya’s recently elected President William Ruto said on Tuesday that while Africa is more vulnerable than other regions to the fossil fuel-related climate crisis and has done the least to cause it, “the continent has an opportunity to lead and show the world the climate to thrive.” no need to break.”

“The global transition to clean energy is now more urgent than ever.”

“We have huge potential for renewable energy and this abundant wind and solar energy can power Africa’s development,” Ruto wrote in a Guardian opinion piece. “Instead of following in the fossil fuel footsteps of those who have gone before, we can leapfrog this dirty energy and embrace the benefits of clean energy.”

“Kenya is home to the world’s largest wind farm and our electricity is now 92% renewable, with 74% of our total energy use coming from clean energy,” Ruto wrote. clean energy by 2030″ and called on “all African nations to join us on this journey”.

Ruto continued:

The sharp drop in costs makes clean energy the most cost-effective option. International Energy Agency report [IEA] A study published last month found that globally there are already more jobs in clean energy than in fossil fuels, and it predicts that the gap will widen as more countries decarbonize. The transition to clean energy is a no-brainer. This will create jobs, protect local economies and accelerate the sustainable industrialization of Africa.

As Africans, we will call for a swift and just transition, fulfilling the commitment of the Heads of State to double Africa’s installed energy capacity through renewable energy sources by 2030. yesterday’s dirty energy systems, rapidly transitioning to the clean energy systems of the future.

The Kenyan president’s essay focused on arguments long made by climate justice advocates in Africa and beyond.

In June, for example, African activists urged officials to reject the IEA’s call for nations across the continent to rapidly extract and export fossil gas reserves before accelerating the world’s transition to clean energy sources.

Instead of heeding the IEA’s recommendation, which comes a year after the Paris-based agency said global expansion of coal, gas and oil production is incompatible with reducing greenhouse gas pollution at the pace needed to maintain a livable climate, African policymakers should focus. They said to “implement sustainable renewable energy solutions” as soon as possible.

Looking ahead to the United Nations COP27 climate conference starting next month in Egypt, Ruto noted that delegates from the continent will demand that rich nations “provide the finance and technology that Africa needs to adapt to climate impacts, support those in need and manage. energy transition.”

“Among the outcomes of this global gathering should be a financial framework that ensures Africa’s planned and orderly transition from fossil fuels, supports our workers, communities and national economies and ensures our growth,” Ruto wrote. “Finance and technology must be provided to our developing countries, while enabling all African countries to accelerate our transition to clean energy.”

“The transition to clean energy is a no-brainer. It will create jobs, protect local economies and accelerate Africa’s sustainable industrialization.”

“The global transition to clean energy,” he added, “is more urgent now than ever.”

Ruto’s argument came a day after UN Secretary-General Antonio Guterres warned, as he has repeatedly done before, that the world is in a “life-and-death struggle for our security today and our survival tomorrow.”

“Climate action has stalled while climate chaos continues,” the UN chief said at a pre-COP meeting in Kinshasa, Congo. “Actions by the wealthiest developed and developing economies are simply out of sync. Taken together, current pledges and policies close the door on our chances of limiting global temperature increases to 2°C. [Paris agreement’s] Target 1.5°C”.

The fossil fuel industry’s plans to spend more than a trillion dollars on fossil fuel extraction in Africa over the next three decades will further fuel the planet’s warming emissions and lead to deadly extreme weather events worldwide, a recent report by a number of environmental groups makes clear. Create “unfunded cleanup, government revenue shortfalls and stranded assets leaving behind overnight job losses.”

On Monday, Guterres called for “meaningful progress” on two key issues at COP27. First, rich nations must step up to help low-income nations suffering loss and damage beyond their ability to adapt, he said, calling it a “moral imperative that cannot be overlooked” because “failure to act… causes more loss of trust and more climate damage.” “

Second, “the world needs clarity on where they are this year to meet their $100 billion annual pledge to support climate action in developing countries,” Guterres said. “We need to see evidence that they will double adaptation funding to at least $40 billion by 2025, as agreed in Glasgow.”

“On every climate front,” the UN chief added, “the only solution is decisive action in solidarity.”

As Ruto reminded readers: “The climate emergency is here and now. Today, communities in Kenya are suffering the consequences. Millions of Kenyans and millions more across the Horn of Africa are on the brink of starvation due to devastating drought.”

“It is not too late to respond,” the Kenyan president emphasized, “but to combat this threat, we must act urgently to keep global warming below 1.5°C, help those most in need, and end our addiction to fossil fuels. “.

“Wind turbines and solar panels are quick to install and can produce and deliver energy more quickly and easily than a new oil rig, and do less damage to our fragile climate,” he said. “There is a better way to power the world economy. It’s fairer, cheaper and less destructive to ourselves and our communities, the future of our families and the natural environment we all depend on.”

Concerns about wildlife and water issues were the main themes in an environmental impact statement issued Friday by state officials on two adjacent Yakima County solar projects.

The Energy Facility Site Assessment Board released a statement late last week for the proposed High Top and Ostrea solar projects along State Route 24 near the east Yakima County line, opening a 15-day public comment period on the document.

EFSEC director of placement and compliance Ami Hafkemeyer said the statement is part of the state’s approval process and includes input from numerous other state agencies and the Yakama Nation.

The High Top and Ostrea sites each cover about 1,600 acres, with solar panels and other equipment planned on 613 and 908 acres, respectively, almost entirely north of State Route 24, about 20 miles east of Moxee.

Santa Monica, Calif.-based integrated solar energy and storage company Cypress Creek Renewables is seeking approval for two 80-megawatt solar farms. They are separate projects because they will be served by two different transmission lines: PacifiCorp’s Union Gap Midway 230 kV transmission line to High Top and Bonneville Power Authority’s Moxee to Midway 115 kV transmission line to Ostrea.

A June 1 public hearing for the projects raised environmental questions about the solar farms’ impact on wildlife and the area’s scrub ecosystem, both of which were addressed in a Sept. 30 statement.

Habitat and wildlife

The grounds cover hundreds of acres of scrubland, home to wildlife including sage sparrows and Rocky Mountain elk. Evidence of nests for many species, including burrowing owls, ferruginous hawks and peregrine falcons, badgers and ground squirrels, was also seen.

This map from the EFSEC website shows the location of the proposed High Top and Ostrea solar farm sites in eastern Yakima County. Courtesy photo

Previous surveys by the Washington Department of Fish and Wildlife have also identified suitable foraging and nesting habitat for migratory birds, with many bird sightings.

The statement requires Cypress Creek Renewables to provide money to a third party determined by Fish and Wildlife or a state agency to purchase other land suitable for in-kind and/or mitigation.

“The applicant will be required to provide compensatory mitigation for remaining habitat impacts,” the statement said. “Vegetation removal and fencing within (the project site) will temporarily and permanently alter nesting, roosting and foraging habitats and potentially impact migrating wildlife.”

The formula for determining compensation includes the average comparable land sales value and a one-time, 15% premium to cover management and administration costs for acquired land.

Hafkemeyer addressed concerns raised by several public comments at an Aug. 8 public information meeting and hearing on land use consistency for the Wautoma Solar Project, located a few miles east of High Top and Ostrea. Several commenters noted that there are five solar farm projects either approved or proposed along a 15-mile stretch of the SR 24 corridor that could have cumulative impacts on migrating elk and other large wildlife.

“If additional projects occur that fence large areas … wildlife movement and connectivity may be further affected,” Hafkemeyer wrote.

“Creating protected wildlife corridors connecting the Yakima Range and Rattlesnake Range from north to south would provide vitally connected key habitats in the Black Rock landscape,” he said. “Additional wildlife corridors should be identified and protected as mitigation for future large, fenced projects in this rural area.”

Water use issues

Another topic covered by the statement is related to water use issues.

Before solar farms can begin operating, a legally available water source capable of supplying up to 202,000 gallons annually must be identified and confirmed by contract or certificate of availability, the statement said. Water for washing solar panels may not contain cleaning solvents, detergents or other additives.

The statement also addresses noise, visual impact and potential disruption to cultural resources.

Hafkemeyer said the 15-day public comment period ended on Oct. 14, just before the next EFSEC monthly meeting scheduled for Oct. 18.

The board may also decide to grant developer Cypress Creek Renewables’ request for an expedited site certification process for High Top and Ostrea. If the request is approved, EFSEC will send a recommendation to the governor on the projects within 60 days.

Comments may be sent by email to [email protected]. Written comments may be submitted by mail to the Energy Mechanism’s Field Assessment Board, PO Box 43172, Olympia, WA 98504-3172

For more information, contact Hafkemeyer at 360-664-1305 or email [email protected].

In rural America, shoulder-high corn is increasingly competing with a new cash crop: solar energy. Acres of solar panels shine brightly in fields along interstates and rural highways, signaling a shift in the way America’s farm country generates income. The need for a happy marriage between these old and new industries has inspired an explosion of innovation and a new word to describe the combination: Agrivoltaics.

The Inflation Reduction Act includes billions of dollars in renewable energy funds that will accelerate the adoption of solar and other renewable energy sources. Some of the new solar panels will land on rooftops, but most will be concentrated in large utility-scale arrays that could eventually cover an area the size of Massachusetts, Rhode Island and Connecticut, the US Department of Energy claims.

Solar panels work well in light winds, moderate temperatures and low humidity. Roof tiles share some of these characteristics. But nothing can enhance the combination of these features like farmland. For solar developers looking to get the most out of their investment, this makes farm country irresistible.

For farmers, the attraction is mutual. Depending on the location, solar can be one of the most profitable uses of land. Texas farmers can get up to $500 per acre annually from solar leases, and California’s Central Valley farmers sometimes see up to $1,000 per acre. It’s easy money compared to the complex and often uncertain business of agriculture.

But the potential scale of these new projects has rattled some farming communities, where opposition has grown and threatened efforts to decarbonize the U.S. energy supply.

Critics point to the drawbacks of converting farmland to solar power generation. Panels are typically placed 18 to 36 inches off the ground, preventing access to soil. Some don’t like the aesthetics and fear that large solar arrays will change the rural character of their communities. Meanwhile, fake, social media-driven conspiracies about the devices’ negative health effects are on the rise.

James McCall, a researcher at the Energy Department’s National Renewable Energy Laboratory, called from Denver to say whether the growing opposition to solar power in rural America is right or wrong, climate progress is at risk. “We need to find a middle ground,” he said.

Brad Heins, a professor of animal science at the University of Minnesota, is working on just such a compromise. He is a leading researcher on agrovoltaics, an emerging set of technologies and methods for harnessing synergies between energy production and agriculture. “We harvest the sun twice,” Heins explains as he opens the door to a large cattle pasture in west-central Minnesota near the border of North and South Dakota.

Solar power feeds pasture forage and crops side by side with solar panels. “It’s two income streams for farmers,” Heins said. This may mean planting plants that thrive in the shade cast by the panels. Or, in the Heins’ case, it could mean cooling cows in the shade of panels rather than resorting to expensive fans in the barn.

Heins and his colleagues are at the forefront of this new field, but they are not alone. Hundreds of agrovoltaic projects are underway in the United States. Some work better than others and some may not work at all. But the best will lead to a greener and more profitable rural America that embraces renewable energy as an asset.

The idea that solar panel shading can increase farm productivity dates back to the early 1980s. Japan, long dealing with limited land and energy resources, was among the first to discover this concept. Its first known agrovoltaic facility was established in 2004, and by 2019 there were 1,992 agrovoltaic farms in the country.

For example, the premium green tea plant ground into matcha is traditionally grown under shade nets for several weeks. Placing these nets is not only a labor-intensive process, but can also damage delicate and valuable plant shoots. Agrivoltaics offers an alternative. Farmers carefully position the solar panels to provide shade, thereby eliminating the need for a grid and the expensive labor involved in deploying it. Farmers who invest in the system not only save on production costs, but also earn money from renewable energy and a high-quality product that they can consistently market.

None of these Japanese systems were designed to cover Midwestern cornfields or Texas livestock operations spread over thousands of acres. Most Japanese farms are less than 3 hectares and support the cultivation of high-value, hand-harvested products that enjoy high-value markets in Japan. Their agrovoltaic projects are adapted to that model.

Starting small is a chance to prove the concept. Some of the most successful agrovoltaic pilots in the US also focus on hand-harvested crops. Researchers in Arizona recently found that tomato production doubles under sunlight and is 65% more efficient in water use. They also found that jalapenos were 167% more efficient than water, even though output remained the same. This is an important finding that saves money for agriculture in arid regions, especially as the climate warms.

The benefits of agrovoltaics did not reach only farmers. Arizona research has found that solar panels with a garden growing underneath stay cooler and produce more energy. Such synergies are prompting solar manufacturers to look more closely at working with farmers and encourage further investment in rural solar.

Now the question: Can the techniques that show the most promise in small-scale demonstration projects and hand-picked farms be scaled up enough to work for crops like corn, cattle, and the communities that thrive on them?

“Twelve years ago, when I started here, I never imagined I would be involved in renewable energy,” says Heins, standing beneath a row of solar panels at the West Central Research and Development Center in Morris, Minnesota. He grew up on a dairy farm, and after receiving his PhD from the University of Minnesota, his research focused on organic dairy production. “But the thing is, farming takes a lot of energy,” he said. In 2013, the research center began looking for ways to reduce its energy footprint. So, in addition to gaining efficiency, it started installing renewable energy systems, including solar arrays.

Agrivoltaics were part of the mix from the start. In the center are some traditional fixtures a few inches off the ground. But so did the extra expense of raising the panels a few feet into the air. Standing under the array shared with the University of Minnesota-Morris, Heins points to cows grazing on the other side of the pasture. “Cows don’t do well in 80, 90-degree heat,” he said. Among other problems, heat stress in cows increases body temperature and reduces milk production. A common solution is to house the cows in a stall with fans. But it needs electricity.

Heins and his colleagues tried a different approach: They raised the panels at least six feet, high enough to accommodate cows in search of shade. The cows didn’t mind using it, and during the study, the cows stayed cooler and breathed more slowly. In other words: they were less stressed. “This is a big problem with dairy cows,” explains Heins. Stressed dairy cows are less productive and consequently less profitable. Heins tells me he’s gotten calls from livestock farmers outside of Minnesota wanting to know if solar arrays are compatible with their herds.

It’s not just about cows in Morris. During the morning tour, Heins and Esther Jordan, co-directors of the research center’s horticulture department, showed me some of the plants and crops they are trying to grow in this pasture and elsewhere under the sun’s rays. There are good reasons to be hopeful about this work. A recent Yale study of Minnesota agrovoltaic projects found that incorporating pollinator-friendly plants not only improves the efficiency of the solar panels above them, but also potentially benefits surrounding farms that depend on pollinators. That’s the result, along with direct economic benefits through improved products that could help overcome resistance to solar arrays in the agricultural country of the United States.

For now, the conversation is at an early stage. Agrivoltaics, at least on a large scale, remain more a subject of research than a method of doing business. Additionally, the effort to raise solar panels six to eight feet above the ground rather than 18 inches creates a significant cost burden, especially when the cost of steel is so high. More difficult, even eight feet is not high enough for many modern farm machines to work under. The large-scale farming operations that define much of US agriculture and depend on large planting and harvesting equipment will not yet be candidates for these new techniques.

But these are short-term problems. McCall of the Department of Energy’s renewable resources lab tells me that interest in agrovoltaics is high and growing. He said he’s heard from landowners, state and local regulators, universities — “people who want to see these sites. There’s a lot of interest in local communities to create demonstration facilities.”

That’s good news for rural communities looking for ways to diversify their economies, farmers looking to add another income stream, and anyone who wants to see the U.S. decarbonize its electricity grid. Agrivoltaics won’t solve every economic problem in farm country, and they won’t meet President Joe Biden’s solar goals. But it’s an important tool that farmers and solar power producers are just beginning to understand and use.

In the coming years, agrovoltaics will combine them to build more sustainable farming and energy systems. That’s reason for long-term optimism on the farm and in rural America. More from Other Writers at Bloomberg Opinion:

US Green Energy Is Surprisingly Republican: Denning and Davies

Saving the planet is more important than saving the birds: Tyler Cowen

We must learn to love genetically modified plants: Amanda Little

This column does not necessarily reflect the opinion of the editorial staff or Bloomberg LP and its owners.

Adam Minter is a Bloomberg Opinion columnist covering Asia, technology and the environment. He is the author of the most recent book, Secondhand: Journeys in the New Global Garage Sale.

More stories like this one are available at bloomberg.com/opinion

Johnny Collin, founder of Várri Consultancy, hosts the SolarQuarter Grand Masters Middle East Awards 2022.

Varun Gulati, Founder and CEO of FirstView Group presents the award to Johnny Collin, Founder and Managing Director of Várri Consultancy.

SolarQuarter Grand Masters Awards 2022 Digital Badge.

Johnny Collin, Founder of Várri Consultancy, has been awarded “Excellence in Corporate Consultancy Leadership” at the SolarQuarter Grand Masters Middle East Awards 2022.

I am proud and honored to be among all these great industry leaders that SolarQuarter has recognized.”

— Johnny Collin, founder of Várri Consultancy

DUBAI, UNITED ARAB EMIRATES, Oct. 1, 2022 /EINPresswire.com/ — SolarQuarter – a division of FirstView Group – recognized and honored the best leaders and companies in the Middle East solar industry during the Middle East 2022 Leadership Summit on September 26. Dubai, UAE. Jonny Collin, founder of Dubai-based boutique consulting firm Várri Consultancy, received the SolarQuarter Grand Masters Middle East Award in the Excellence in Corporate Advisory Leadership category.

“Johnny Kollin has established himself as a risk management thought leader and corporate consultant in the UAE,” said Meenakshi Shekhawat, manager, FirstView Group.

Johnny Collin said, “I am proud and honored to be among all these great industry leaders that SolarQuarter has recognized. The renewable energy sector, especially solar energy, has been one of the main sectors that Várri Consultancy has focused on in the last two years. Based on our experience in the financial services industry, we have gradually transferred the best practices and know-how of risk management to our clients, contributing to sustainable growth and greater attractiveness for investors.”

Nominations for the SolarQuarter Grand Masters Middle East Awards 2022 were open to all stakeholders in the Middle East solar sector. All candidates filled out a questionnaire that served as an introduction to evaluating their candidacy. SolarQuarter’s research team and jury evaluated the candidates based on submitted questionnaires and additional information independently collected from open sources. Finally, the jury selected the winners for each award category based on several criteria.

About SolarQuarter

SolarQuarter is Asia-Pacific and Africa’s largest solar sector media, reaching over 500,000 industry professionals annually. It is a division of FirstView Group, one of the world’s leading business information companies.

About Várri Consultancy

Várri Consultancy is a modern and independent consulting boutique specializing in strategy, risk and management consulting. Várri Consultancy provides reliable solutions that create confidence in times of uncertainty and major world changes. The focus is on economic, social and environmental sustainability to create more stable and long-term opportunities for all stakeholders.

Johnny Collin
Várri Consultancy
+971 4 401 8471
[email protected]

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