The Portuguese utility also wants to close all its coal power plants by 2025.
Through the operation, Shell wants to consolidate its position in the virtual power plant market.
Solar pioneer Thierry Lepercq spoke with pv magazine about recent plans of the HyDeal consortium to deploy 95 GW of solar and 67 GW of hydrogen capacity in southern Europe by 2030. Record low green hydrogen prices are easily achievable as solar PV has already reached the required cost level and effects of scale in procurement and manufacturing of electrolyzer capacities will help reduce production costs, he says. Lepercq is also convinced that the consortium will begin selling solar-powered hydrogen at €1.5/kg when the initial supply to industrial customers begins in September 2022.
Construction has commenced on the 300 MW / 450 MWh Victoria Big Battery storage facility near Geelong after the Clean Energy Finance Corporation (CEFC) provided French renewable energy developer Neoen with a $160 million funding injection.
The module manufacturer’s new storage unit, Trina Storage, aims to create innovative solutions for the combination of photovoltaics and storage, grid services and other applications.
The sustainable gas is among ten areas of research and innovation which would benefit from backing by the bloc, member states and industry, if a new European Commission proposal is adopted.
The Queensland Government-owned energy company, Stanwell Corporation, has announced it is from today seeking expressions of interest from renewable energy projects to incorporate into its fossil-fuel heavy portfolio.
The Puerto Rico Electric Power Authority has been ordered to procure a total of 3.75 GW of renewables and 1.5 GW of energy storage.
German energy provider EWE wants to set up a test cavern with a capacity of 500 cubic meters at a depth of 1,000 meters. It is scheduled to go into operation in spring 2022.
The kingdom has had a ban on new large scale clean energy projects since January 2019 as Covid-19 exacerbated a situation in which generation capacity already outstripped supply. Lifting that embargo, and re-starting renewables auctions would be a step in the right direction, according to IRENA.
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