Indian developer signs PPA for 400 MW round-the-clock energy supply
ReNew Power will build 1.3 GW of hybrid renewable energy capacity in India – 900 MW of wind plus 400 MW of solar – backed by storage. Project costs have been estimated at approximately $1.2 billion.
World’s largest ‘grid-forming’ battery to begin construction in Australia
Australia’s AGL Energy will soon own the world’s largest ‘grid-forming’ battery, with construction to begin on its new 250 MW/250 MWh project later this year on Torrens Island, South Australia. Finland’s Wärtsilä will supply the battery, while Germany’s SMA will provide inverters.
Hanwha Q Cells acquires 5 GW project pipeline in France
South Korea-based solar module manufacturer Hanwha Q Cells has agreed to acquire French renewable energy developer RES Méditerranée (RES France) from U.K.-based company RES for €730 million.
The weekend read: ‘Hydrogen is the flagship of the energy transition’
Ankica Kovač is an assistant professor at the University of Zagreb and the head of the Power Engineering Laboratory. She is also a member of the Council of the President of the Republic of Croatia for Energy Transition, along with numerous energy transition bodies and working groups.
Chinese PV Industry Brief: Xinte raises funds for 100,000 MT polysilicon factory, Bbetter plans new EVA solar film factory
Xinte’s parent company – TBEA – has agreed to buy new shares issued by the company for RMB2.3 billion and these funds will be used to implement its 100,000 MT expansion plan. Furthermore, EVA solar film manufacturer Bbetter Century and 8 GW factory in the Shaanxi Province.
Canadian asset management co. agrees to acquire Brazil’s largest PV product distributor
The transaction should be finalized by the end of the month, with the deal amounting to a $320 million equity investment.
The Hydrogen Stream: Gazprom makes a move, Italian consortium develops solution for port areas, and more
Gazprom said it will participate in projects to develop technologies for the production, transportation, storage, and use of hydrogen, as well as the utilization of carbon dioxide. Furthermore, Italy’s Fincantieri and Enel are developing an integrated solution for the production, supply, management, and use of green hydrogen for port areas and long-range maritime transport.
Australian Energy Market Operator points to inverters as possible path to 100% renewables
The AEMO is looking to fast-track the deployment of advanced inverter capabilities to support Australia’s “once-in-a-lifetime transition” to a power system featuring reduced synchronous generation, such as coal-fired generation.
Australia’s rooftop PV capacity reaches 14.7 GW
Australia’s rooftop solar PV market has emerged as the second largest generator by capacity in the nation with new data published by the Australian Energy Council showing that small-scale solar is overshadowed only by coal-fired generation.
Sungrow switches on 100 MW/100 MWh storage system in the UK
One of the largest storage facilities in wider Europe has come online. In the future, it will provide network services and help prevent power outages in the U.K., such as the one that occurred in August 2019.
