Australian storage pricing could ‘cannibalize’ itself with latest big battery announcements
In November, Cornwall Insight estimated that Australia had 7 GW of battery storage projects in the pipeline. Since then, massive amounts of storage capacity have been added.
Italy allocates only 20 MW of PV in fourth renewables auction
The Italian authorities have awarded three solar projects in yet another under-subscribed renewables tender. The lowest bid in the procurement exercise came in at €0.06819/kWh and was submitted for a 10 MW solar project. All bids were slightly below the ceiling price of €0.07/kWh. Wind secured most of the assigned capacity.
GCL on verge of cross default over $500m senior notes
The polysilicon manufacturer yesterday extended the deadline for postponing settlement of the investments until Friday – with the notes set to expire on Saturday.
Satellite-derived datasets to measure ground albedo for bifacial PV
A researcher from the NREL has set up a series of datasets of measured ground albedo values using measurement network data in the U.S. and data contributed by the PV industry. The measured albedo datasets are intended to help developers of ground-mounted PV projects in making a choice between monofacial and bifacial panels.
Axitec launches modular residential battery
The battery has a storage capacity ranging from 10 to 15 kWh and is already commercially available in Germany and Europe.
Fimer unveils two new three-phase string inverters
The Italian inverter maker said the two devices were designed to deal with increasing PV module currents. The inverters have a power output ranging from 10 to 33 kW and are claimed to reach an input voltage of 1100 V (DC).
Indian coal miner plans 300 MW floating PV project
Singareni Collieries, an Indian state-run coal miner, plans to set up a 300 MW floating PV plant on a reservoir in the Indian state of Telangana.
Spanish renewables auction secures lowest price of €0.01498/kWh
The Spanish authorities awarded about 2.04 GW of PV and 998 MW of wind capacity, out of a total allocation of approximately 3.03 GW. The average price for solar was €0.02447/kWh.
Corporate renewables purchases hit record 23.7 GW in 2020
The growth of the global renewables sector in 2020, despite the negative impact of the pandemic, underscores how companies are prioritizing sustainability, BloombergNEF says in a new report.
Compressed air storage to be more than just hot air in Israel
Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.
