February 27 NEC Energy News
¶ “CATL, BYD To Reduce Battery Prices By 50% In 2024” • A report from CnEVPost says CATL is pushing for cost reductions that could drive the price of its VDA spec lithium iron phosphate battery cells down to $56.47 per kWh. That reduces battery prices by 50%, to a figure eerily close to a prediction made by Tony Seba a decade ago. [CleanTechnica]
¶ “Here’s Why China National Nuclear Power Is Weighed Down By Its Debt Load” • To be frank both China National Nuclear Power’s net debt to EBITDA and its track record of staying on top of its total liabilities make us rather uncomfortable with its debt levels. All told, we think China National Nuclear Power has too much debt. [Simply Wall Street]
¶ “Bill Supporting Development Of Nuclear Energy Wins Passage In Kentucky Senate” • The Kentucky Senate has voted overwhelmingly to lay the foundation to attract nuclear energy projects to a state where coal has fueled the economy for ages. The measure passed the Senate on a 34-0 vote, with coalfield senators joining in support. [ABC News]
¶ “BayWa R E And Ampt Lead Microgrid Project In Germany” • In the small town of Pfinztal, nestled in the heart of Germany, a seminal initiative is redefining the future of renewable energy. The campus of Fraunhofer Institute for Chemical Technology, a beacon of scientific innovation, is the stage for a pioneering microgrid project. [BNN Breaking]
¶ “Air Pollution Hides Increases in Rainfall” • A study led by researchers at the US DOE’s Lawrence Berkeley National Laboratory finds that the expected increase in rain has been largely offset by the drying effect of aerosols produced by burning fossil fuels. The research was published in the journal Nature Communications. [CleanTechnica]
¶ “Australia’s Biggest Renewable Power Deal Signed By Industry Leader” • Rio Tinto has signed Australia’s largest renewable power purchase agreement to date to supply its Gladstone operations in Queensland, agreeing to buy a majority of electricity from Windlab’s planned 1.4-GW Bungaban wind energy project. [Manufacturers’ Monthly]
¶ “JinkoSolar Unveils Neo Green Panels, Made With Renewable Energy” • JinkoSolar unveiled its Neo Green, N-type TOPCon Tiger Neo panels, produced in factories awarded the “Zero Carbon Factory” certification by TÜV Rheinland. The company says it is the first in the industry to be awarded this certification for solar module manufacturing. [Solar Industry]
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