The program will be be grant aided, and will provide funds mainly for self-consumption projects. At a later stage, the scheme may also offer incentives for home battery storage.
A group of Russian researchers has found out that under resonance conditions, the Pyramid of Giza can concentrate electromagnetic energy in its internal chambers. This discovery, the scientists claim, may also be used to develop high efficient solar cells.
Despite recent announcements for large-scale solar projects across Italy, the country has seen just residential and commercial and industrial projects come online in 2018. Meanwhile, solar has been able to cover 8% of national demand in the first half of this year.
Two months after announcing its intention to turn to renewables, the Spanish oil giant has for the first time formed a technological tie-up that integrates a partner into the company’s value chain.
According to French grid operator RTE, it is the first time since the 1960’s that renewables have reached a similar share in the country’s power mix. Solar, wind and bioenergies contributed by covering around 10% of national demand.
The Italian fund will use the money to refinance its current PV plant portfolio consisting of 101 MW of facilities, and to finance further acquisitions planned by the end of this year.
The Balearic Islands have decided to fast-track a 42 MW solar project, which would raise the three island’s total installed generations by one third. Iberdrola has secured a PPA for its 391 MW Nuñez de Balboa projects. Moreover, several other PV projects have obtained approval from regional authorities.
Despite recent efforts to boost its solar energy business, the Italian oil giant has decided not to acquire RTR’s 343 MW solar plant portfolio.
Colombia’s Celsia is issuing green bonds worth US$145 million to finance its large solar PV project pipeline, while U.K.-based Faro Energy is resorting to clean energy bonds to fund its distributed generation (DG) solar projects across Brazil.
The research team used real-world energy consumption data from 4,190 Swiss households to analyze how different cost scenarios may influence optimal photovoltaic-battery (PVB) system deployment.
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