Solar, wind cheapest source of new generation in major economies – report
Solar and/or wind are said to be the cheapest source of new energy generation in all major economies, apart from Japan, finds BloombergNEF. It adds that China’s utility-scale PV market has contracted by over a third this year; and that battery costs are set to drop a further 66% by 2030, driven by EV adoption.
PV snaps up all capacity in Germany’s second mixed wind-solar auction
The German Federal Network Agency has selected 36 solar PV power projects with a combined capacity of 201 MW in the mixed energy auction, which ended with a final average price of €0.0527/kWh.
SolarPower Europe appoints new CEO
Walburga Hemetsberger has led the EU Representation Office of Austrian energy company Verbund AG for the past 10 years. At the same time, she was also a board member of Hydrogen Europe, in charge of Energy Transition Solutions.
Finland launches technology neutral RE auction
The Finnish Energy Agency is seeking proposals for annual electricity production totaling 1.4 TWh. Large-scale wind, solar, biomass and wave power projects will be entitled to participate in the auction.
Innogy offers €80,000 reward for information on acid attack
In March of this year, two unknown men in Haan, Germany, dropped acid on Innogy board member Bernhard Günter. In September, the prosecutor announced the investigation was closed. Innogy, however, hopes to find new clues through the reward.
RE100 report showcases the role for corporate action in energy transition efforts
The RE100 Progress Insights Annual Report 2018, released at the end of last week, portrays the central role corporate policies can play in carbon mitigation efforts.
UAE makes another $50m in RE loans available
The seventh round of funding under the Abu Dhabi Fund for Development program takes to US$350 million the amount pumped into clean energy as part of state-run energy transition strategies in the developing world.
Netherlands: PV projects totaling 3.7 GW submitted for autumn round of 2018 SDE+ program
Overall, 5,907 renewable energy projects totaling 5 GW are now under review by the Dutch Ministry of Economy in the second round of the SDE+ program for this year. Solar accounts for 72.8% of the total submitted capacity.
Algeria issues 150 MW solar tender
Through the tender, the Algerian Government will select IPP solar projects with a capacity range of 10-50 MW. The projects, to be located in the southwestern part of the country, will be developed on a Build-Own-Operate (BOO) basis. Domestic content rules require the use of solar modules assembled in Algeria, as well as locally manufactured mounting structures and cables.
