AC Renewables, the energy arm of Philippines’ Ayala Corp, and Australia’s UPC Renewables have agreed to buy 51% in a 250 MW pumped hydro project and a neighboring 300 MW solar project, both located in South Australia.
Ireland appears ready to embrace PV after years of failed announcements. Globaldata predicts the EU member state will deploy around 1.3 GW of solar by 2030, with renewables potentially meeting 65% of electricity demand. Furthermore, Irish Water has announced it wants to deploy solar at its water treatment plants.
The energy storage market is set to be the latest affected by Trump’s trade war as lithium-ion batteries were excluded from the group of Chinese imports for which the U.S. president announced tariffs would be delayed until December 15.
Holders of almost two-thirds of the miner’s Hong Kong listed stock voted down a proposal to issue new non-Chinese shares that would dilute their investment by around a quarter. The board had proposed the move to raise funds for further lithium extraction overseas.
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
The energy company will build a 38 MW solar, 22 MW wind and 12 MW battery project on one site. The first fully renewable hybrid power plant could be a blueprint for post-subsidy Germany. Vattenfall has an eye on German coalfields in particular.
Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.
The Rural Areas Electricity Company wants to build hybrid plants in 11 non-interconnected areas of the sultanate. The projects will have a total of 48 MW of solar power generation capacity and 70 MW of diesel and the storage component will have total installed power of 28 MW and a storage capacity of 14 MWh.
The Swiss battery maker Leclanché will build a 35.6 MW / 44.2 MWh solar-plus-storage power plant, which will provide with clean power state-owned St.Kitts electric utility Skelec over a 20-year period. The new facility will be able to cover around a fourth of the archipelago’s total electricity demand.
French renewables developer Neoen has won development approval from the South Australian government for a major renewable energy project, with 125 MW of wind, 150 MW of solar PV and 130 MW/400 MWh of lithium-ion battery storage. The project could also include up to 50 MW of on-site hydrogen production capability.
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