The Australian Energy Market Commission’s latest annual Residential Electricity Price Trends report shows costs are falling as renewables build-out replaces inefficient coal-fired generation.
Under a seven-year contract with Con Edison, the utility will bid power from the battery system into New York State’s wholesale energy market.
A new EU framework designed to incentivize cross-border renewables financing could help accelerate the roll-out of solar PV projects across Europe. However, investors are awaiting more clarity about how the system will work in practice.
Furthermore, Chinese manufacturers JA Solar and Akcome both want to add 6 GW of manufacturing capacity to their respective panel production operations. Trina and Tongwei will jointly deploy another 15 GW of ingot capacity.
Enagas and Naturgy are planning to build Spain’s largest green hydrogen plant. The facility will be located at a thermal power plant that Naturgy shuttered last year.
Researchers in Malaysia have proposed a new approach for optimal sizing of solar water pumps. Their method consists of using a single PV module, a charge controller, several batteries, and a DC load.
Italian gas infrastructure specialist Snam has announced plans to develop global hydrogen-related mobility solutions and applications. It tells pv magazine that it wants to build an “energy bridge” between Europe and North Africa.
Market observer IHS Markit has shared its forecast installation figures for 2021, where they expect a ‘wild ride’ for the PV industry to install 158 GW of new generation capacity. This figure amounts to 34% growth on 2020 installations, driven by completion of delayed projects from this year, as well as a generally increased appetite for PV and renewables around the world.
Built by solar developer Alight, the PV plant will provide 40% of restaurant and catering company Martin & Servera’s electricity demand.
The French company will work with Angolan developer Greentech. According to Total, the solar project is in line with Angola’s plan to encourage foreign investment and promote renewable energy sources, with the goal of reaching an installed capacity of 800 MW in the country by 2025.
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