New York Power Authority renewables plan shows financial challenges for building solar
The levelized cost of building a solar project in New York far exceeds the expected revenue from selling solar power, says a NYPA plan, with project success potentially depending on the sale of renewable energy credits at a satisfactory price.
Solar and storage program forecast to save all Massachusetts ratepayers $313 million per year
Solar plus storage can also offer winter reliability improvements and limit gas consumption, finds a report from Synapse Energy Economics and the Solar Energy Industries Association.
Financing secured for 134 MW solar project in North Macedonia
The European Bank for Reconstruction and Development and German development bank KfW have signed a €87 million ($102.5 million) financing package for a 134 MW solar project in North Macedonia, the country’s largest under development.
Masdar signs PPA for 200 MW floating solar project in Malaysia
Abu Dhabi-based Masdar has signed a power purchase agreement (PPA) for a 200 MW floating solar project in Malaysia, marking its first project in the country under the fifth large-scale solar program.
Argentina inaugurates its first solar highway
The Circunvalación Avenue in San Juan, Argentina, is fully lit using solar energy through a distributed generation system installed along the road that combines photovoltaic modules, inverters and high-efficiency LED luminaires.
European Energy secures approval for 1.1 GW of solar in Australia
Danish renewables major European Energy has secured development approval for its plans to build the 1.1 GW Upper Calliope Solar Farm in central Queensland, Australia.
Zambia opens solar-plus-storage tender
Zambia National Energy Corp. Ltd. (ZNEC) has launched a tender to deploy solar plants and battery energy storage systems (BESS) in the country’s 156 constituencies under a national electrification initiative.
T1 Energy signs 900 MW US solar module deal with Treaty Oak Clean Energy
T1 Energy has signed a three-year deal to supply a minimum of 900 MW of US-made modules while scaling its Austin cell fab to 5 GW annual capacity.
Neoen begins construction of Tesla Megablock battery in Australia
Neoen Australia has launched construction of its third big battery in less than 90 days, helping accelerate Australia’s energy transition with 20 GW of utility-scale solar, wind, gas, batteries and pumped hydro now either commissioning or under construction.
Singapore team develops durable perovskite-silicon tandem solar cells
National University of Singapore scientists claim that vapor-deposited perovskite-silicon tandem solar cells built on industrial silicon wafers achieve both high efficiency and long-term thermal stability, addressing a central barrier to commercial deployment.
