Ten energy majors back global blockchain initiative
Ten energy companies from nine nations have joined forces to provide $2.5 million support for the Energy Web Foundation (EWF), a global non-profit organization focused on accelerating blockchain technology across the energy sector.
Italy opens ancillary services market to pilot renewable energy and storage projects
The project is the initial stage of an organic reform of the Italian ancillary services market, which is expected to be implemented in accordance with the European balancing code.
Italy issues new regulation to promote solar and renewables in non-interconnected islands
The new rules will apply to the country’s 20 minor islands that have no connection with the national grid. Solar installation will be entitled to receive a premium tariff for both injected and self-consumed power.
USTDA helps Kenya build 40 MW solar-plus-storage power plant
The U.S. Trade and Development Agency will partner with Kenya-based engineering services provider Xago Africa on the development of the project. U.S. battery maker Suniva will supply a battery that will be combined with the facility.
Czech Republic provides incentives for solar-plus-storage
The Czech government is supporting the adoption of solar-plus-storage solutions through a specific incentive program. Each kW of PV installed must be coupled with at least 5 kW of storage capacity.
Video: Solar Premium booth at Hannover Messe
The recent Hannover Messe brought together pv magazine and six leading partners at a special Solar Premium booth at the show’s Integrated Energy Plaza.
Report: Near-total renewable energy systems cheaper than gas in 2030 (w/ chart)
A report released last week by Climate Policy Initiative stresses flexibility and shows how energy storage and limited gas generation can support a power system dominated by renewables at a lower cost than conventional generation.
BECE posts $68 million net profit in 2016
The Hong Kong-listed renewables developer recorded a net profit of HK$529.2 million ($68.03 million) in the 12 months to the end of December, from a profit attributable to shareholders of about HK$38.5 million in 2015. Basic earnings per share for the year were HK$0.14.
UK energy storage: government in no hurry
A seminar on the outlook for the U.K.’s energy storage market that took place this week in London highlighted the vibrant activity taking place in the sector, but was unable to answer when or if government can come up with a meaningful policy.
Netherlands’ Gasunie launches 1 MW power-to-gas pilot project powered by solar
The Dutch gas provider is building Netherlands’ first MW-sized power-to-gas installation. The plant will be powered by 5,000 solar modules.
