2021

The auction has been significantly oversubscribed and has seen 36 successful projects among 257 submitted. Around 390 GWh of power was contracted and will be provided exclusively by PV projects.

Scientists in the Netherlands are seeking to assess how hybrid wind-solar projects may be impacted by the shade produced by the wind tower and wind turbine blades on the PV facility. According to them, the slow movement of the wind unit’s shadow can be easily incorporated into project design.

With the European Parliament formally voting through a €672.5 billion recovery and resilience fund, the baton will pass to the heads of the European Council and its grouping of economic ministers. It is hoped an initial, 13% slice of the fund will be available to member states from early next month.

Solar manufacturer Premier Energies is setting up a factory in Telangana with an annual cell and module production capacity of 750 MW. The fab will be equipped to produce large-format panels with wafer sizes up to 210mm.

The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.

Researchers at the Michigan Technological University claim to have demonstrated that PV system owners in the United Stated are unjustly subsidizing electric utilities. Their analysis showed that, thanks to rooftop PV, utilities and their non-PV customers can save money from avoided costs for new grid, reserve, and generation capacity, as well as for avoided operation and maintenance and environmental and health liabilities due to fossil fuel power generation.

Augwind CEO Or Yogev recently spoke to pv magazine about the Israeli company’s new storage solution for the renewables sector. The underground compressed-air storage specialist recently secured 166 MWh of capacity in Israel’s latest solar+storage tender, and plans to take equity stakes in all five projects.

The University of New South Wales and several other universities in Australia are embarking on a feasibility study into how New South Wales can utilize excess renewable energy to make fuel, chemicals, and feedstocks for the industry. The aim is to develop a plan for how fuels and chemicals such as green hydrogen and ammonia produced from renewables can decarbonize the industry.

After a Covid-19-stunted Q2, the company reported improved revenues for a second straight quarter, and closed 2020 with revenues north of $770 million.

Macquarie-owned Green Investment Group’s Renewable Energy Fund 2 has far exceeded its own expectations by raising over €1.6 billion in investment commitments for large scale solar and wind projects all over the world.