Australian fund champions low-risk utility-scale PV
Small-footprint solar farms can get a purchase on distribution lines, they’re virtually pop-up in terms of construction times, and they offer a smart development model that can be easily repeated. The Solarion Renewable Fund wants to let investors in on its clean little secret.
World’s largest residential virtual power plant
Like Airbnb, but monetizing spare energy: “The first big step toward opening the door to a massively transactive grid.”
Ramping up renewables now could save Europe €363bn by 2050
Delay, and policymakers will see the carbon emission allowance which would enable us to stay well below 2C frittered away so quickly net zero would have to be reached in 2040, rather than ten years later, when the relevant technology costs will be cheaper.
Uzbekistan shortlists 11 bidders in 200 MW PV tender
The 200 MW solar park will be built in Sherabad, in southeastern Uzbekistan’s Surkhandarya region.
Mali greenlights 93 MW solar park
UAE-based independent power producer Phanes Group and Welink Energy will build a 93 MW solar power plant in the south of the country.
How to grasp the monetary value of storage
Researchers in Saudi Arabia have conducted a review of all current techniques used to calculate the monetary value of storage. They found that batteries secure the most value in providing ancillary services.
EnBW builds another 300 MW of unsubsidized solar in Germany, ERG announces plans for 600 MW
German utility EnBW plans to build 300 MW of solar at two sites in northeastern Germany, while Italian oil company ERG has entered the German PV market with a 600 MW PV project portfolio.
Biden, the EU and China to usher in ‘golden age’ for solar – Jinko
The company shipped a record 5.1 GW of modules in the July-to-September period and expects to hit up to 19 GW for the year, with ‘nearly 100%’ of its products likely to be based on monocrystalline technology in 2020.
Portugal hits 1 GW milestone
Portugal now has more than 1.03 GW of operational PV capacity, making solar its third-biggest renewable energy source behind hydropower (7.1 GW) and wind power (5.4 GW). However, PV remains the resource with the greatest growth potential in the country.
GCL shareholders set for a busy festive period as votes loom on $903m worth of solar project sales
Chinese state entities are now behind five phases of two separate sales deals which, if approved, will transfer more than 1.8 GW of solar generation capacity into public ownership.
