Russia’s renewables auction concludes with lowest solar bid of $0.059/kWh
In the procurement exercise, the Russian energy regulator allocated 775 MW of PV capacity, 1,851 MW of wind power, and 96 MW of hydropower capacity. The auction concluded with an average price of RUB 5.18 ($0.070)/kWh.
Australian developer secures approval for 1 GW green hydrogen and battery project
Renewables developer Edify Energy has been granted development approval to build and operate a green hydrogen production plant of up to 1 GW, as well as a behind-the-meter solar and battery storage facility within the Lansdown Eco-Industrial Precinct in Townsville, northern Queensland.
Lightsource BP secures $1.8bn to develop 20-plus GW of new solar by 2025
The clean energy joint venture, which is half owned by British energy company BP, today said it expects to create around 500 jobs as it ramps up its solar portfolio from less than 4 GW to 25 GW in four years.
PV-generated hydrogen cost projected to drop to €0.7 and €1.8/kg by 2030
Green hydrogen cost may reach between €0.7 and €1.8/kg by 2030 and €0.3 and €0.9/kg by 2050, according to a European research team led by the European Technology and Innovation Platform for Photovoltaics. The scientists found that the levelized cost of hydrogen (LCOH) could drop from around €0.031-0.081/kWh currently to €0.02-0.05 by 2030 and €0.01-0.027 by 2050.
The weekend read: Chile’s energy transition and the crucial election
Chile continues to lead the energy transition in Latin America, but international investors are nervous. The pandemic is subsiding, thanks to a vaccination rate close to 80%, and energy demand is showing signs of recovery. However, the political landscape still has investors on edge, reports Luisa Cabello.
The Hydrogen Stream: New fuel cell tech for uncrewed ships, and a solar-powered hydrogen valley in southern Italy
A printed circuit board-based hydrogen fuel cell for use in autonomous boats and ships has been engineered by a British consortium, and Italian energy companies Snam and Edison want to set up a 220 MW green hydrogen production plant powered by 380 MW of solar in Apulia.
Chinese PV Industry Brief: Work begins on 3.3 GW solar-CSP project linked to 500 MW of storage, in Qinghai
China Green Development Group is building a giant project consisting of 3 GW of photovoltaics and 300 MW of concentrating solar power. The plant is scheduled for completion in 2025 and is part of China’s 14th five-year plan.
Myanmar extends deadline for 1 GW PV tender
Through the procurement exercise, the government wants to build ground-mounted solar power projects on an independent power producer (IPP), and build-own-operate (BOO) basis.
India unveils largest floating solar plant to date
A 25 MW project has been installed at the Simhadri thermal power station run by state-owned power company NTPC on the coast of Andhra Pradesh.
France’s second largest PV plant comes online
Built by the developers TSE and Enerparc, the facility has a capacity of 152 MW and is located in Marville, in northeastern France.
