The French energy company said the project will come into operation in 2022. It will sell power to the Saudi Power Procurement Company under a 25-year PPA.
The German renewable energy developer has already identified two potential partners, a beekeeper and a sheep breeder, to exploit 20 hectares.
The virtual battery records the surplus solar power injected into the grid on sunny days and returns it at night or in winter. If the production of the PV plant is not sufficient to cover all the electricity needs, MyLight Systems provides the household with green energy supplied by Swiss energy company Axpo.
According to French financial newspaper Les Echos, EDF, the main shareholder of PhotoWatt, is considering closing the production in Bourgoin-Jallieu. The Auvergne-Rhône-Alpes regional council is mobilizing to save the company and announces that a regional company may acquire the module manufacturer.
The $156.4 million Kom Ombo photovoltaic solar power plant is being developed by Saudi energy giant ACWA Power.
Edgehog secured the funds from Sustainable Development Technology Canada (SDTC). The special glass is hydrophobic and is claimed to be able to reduce the accumulation of dust and residue, thus reducing the need for maintenance.
In the category for PV projects exceeding 5 MW, the final average price was €0.05338/kWh. The tender’s overall final average price, including smaller PV project categories, was 4.7% higher than in the previous procurement exercise.