South Australia has integrated 50% renewables into its grid and is managing a vast fleet of distributed rooftop PV resources. Now it’s seeking investors to potentially fuel the world with green hydrogen.
Located in Evora, southern Portugal, the solar park is being planned by a Spanish-Portuguese consortium. The plant will be linked to a 10 MW storage system.
Construction of the state’s biggest PV array and its fifth “big battery” will create 810 jobs. The state government forecasts US$8.96 million of energy savings over the course of the decade-long contract.
The centralized nature of policymaking in Beijing would enable component standardization to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.
The Norwegian polysilicon maker has been been frozen out of the Chinese solar market by political tensions between Beijing and the U.S. and mothballed its Washington State production line last year. However, two recent business agreements could change all that.
The Dutch government is planning to initially create local trading points, a system for guarantees of origin, and a hydrogen price index.
Although the global solar industry might be cheered by the prospect of a healthy slice of an expected $12 trillion, 30-year windfall, governments are falling far short of steering us clear of catastrophic global heating, according to the analyst’s latest New Energy Outlook report.
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funneled to clean power.
The solar-plus-storage facility will be linked to the mine’s existing thermal power plant and is expected to reduce the cost of the kilowatts currently consumed by its operations by $0.04. The project developer is British oil provider Vivo Energy.
BOC will compress green hydrogen produced at HyP SA, which taps South Australian solar generation.
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