Looking at a scenario, in which the Spanish residential solar market is booming again, energy consultancy, ecoSynergies finds that the energy system could save billions, both in terms of CO2, and fuel and grid costs. Additionally, introducing the EU’s suggestion to fairly compensate prosumers for their surplus energy, would allow households to slash payback times for their solar systems by more than a half. In some cases, the amortization period could go down from 25 to seven years.
Lebanon’s International Beirut Energy Forum (IBEF) 2018, which took place last week in the country’s capital, saw the announcement of various solar tenders that depict the domestic PV sector’s take off.
Selected projects, which have a combined capacity of 338 MW, are scheduled to begin delivering power in January 2022 under a 20-year PPA.
Siemens subsidiary, Fluence has announced it will provide an additional 60 MW battery to power company UK Power Reserve, expanding the cooperation between the two companies to 120 MW, which Fluence says makes it the largest contracted energy storage portfolio transaction to date globally.
According to the Solar Energy Roadmap, released by Turkish PV association, Günder, the country may even achieve 38 GW of installed solar power by 2030. Several factors, however, could hinder this projected growth.
Although the Italian solar market registered an 11% drop in new PV installations in the first eight months of 2018, by the end of the year, it will likely surpass 20 GW of cumulative installed solar power. No large-scale PV facilities have been grid connected so far this year, but monthly average growth remains in line with that of the previous two years.
LID mitigation in mono-PERC cells is technically feasible, according to Jay Lin and Karin Krauß, who spoke during pv magazine’s Quality Roundtable in Taiwan. The country’s rapidly growing floating PV market was also addressed.
New deals or projects related to the sale of solar power to big energy consumers were announced in Brazil, Panama, Mexico, Colombia, and Chile over the past weeks.
In Uttar Pradesh, another 500 MW of solar capacity is expected to be tendered by the end of October, while Gujarat has announced a 700 MW tender under Phase III of the Raghanesda Solar Park.
The All-Energy Australia 2018 exhibition & conference kicked off in Melbourne today. Safety of products and quality assurance was prominent in discussions at the country’s largest PV conference and trade show in its early hours. Big funding announcements at the opening plenary made headlines.
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