Hanergy inks US$18mn deal to bring HanWall to Australia
Hong Kong-based Hanergy Thin Film Power Group, the world’s biggest thin-film power solution firm, signed a deal with Australia’s Environmental Technology Solutions (ETS) on 6 December to bring HanWall to the Australian market
HanWall is set to draw the new benchmark for building-integrated photovoltaics (BIPV) in the ecological construction market, debuting as the world’s first integrated solar powered wall solution.
The product is capable of generating up to 326 Kw of electricity per thousand square metres each day, with Hanergy noting in its press statement that this could save an average of 46% of energy consumption.
Through the US$18mn agreement, ETS will be the leading supplier of HanWall in Australia for the next three years.
“The cooperation between Hanergy and ETS in Australia marks the first overseas market that HanWall breaks into,” said Lv Yuan, Vice President of Hanergy Thin Film Power Group.
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“With its high efficiency and reliability, HanWall sets up the new benchmark for BIPV segment and provides possibilities for creating completely self-sufficient, off-grid buildings.”
Rick Edwards, Executive Director of ETS, added:
“We're delighted to have collaborated with Hanergy, and together embark on a new journey to introduce HanWall in Australian market.
“We're bound to set the standard for future ecological buildings and up the ante in the BIPV segment with this next-generation BIPV module."
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.