A deal between Xcel Energy and steelmaker EVRAZ includes the building of a 240 MW solar project near the company’s Rocky Mountain Steel mill in Pueblo, Colorado. This is by far the largest behind-the-meter solar project pv magazine staff has heard of to date.
For solar to survive in a world without feed-in tariffs, further innovation focused on cost reduction is necessary. In this white paper, scientists from Swiss equipment supplier Meyer Burger argue that high efficiency cell concepts, and in particular heterojunction, will be among the best technologies solar can bet on to achieve this.
According to the latest figures from the MNRE, cumulative grid-connected ground-mounted solar PV capacity has reached 22 GW in India, with 1.3 GW connected between this April to July. Module prices, meanwhile, are said to have come down “considerably”.
The 125 MW solar PV plant, which will supply the power-intensive zinc refinery near Townsville, is Australia’s largest operational industrial solar project.
“Significant” price movements in solar PV cells has been observed this week, in reaction to India’s safeguard duties, and the impending MIP decision, says EnergyTrend. Module, wafer and polysilicon prices, however, remain stable. In contrast, prices for li-ion batteries are set to increase by as much as 15% in Q3.
At the end of June 2018, according to official statistics, large-scale solar capacity reached 1,307 MW, while the share of distributed PV generation (up to 5 MW), was 296 MW. Of the total capacity, 1.36 GW was connected to the grid in the last 12 months.
The PV manufacturer plans to pay off the high-interest ‘mezzanine loan’ with revenue from its residential lease portfolio.
As the global EV market grows, manufacturers are seeking new revenue streams for used EV batteries. Applications in grid and residential storage systems have become popular. The market for second-life EV batteries is expected to reach $4.2 billion by 2025.
The thin-film specialist has met representatives of the municipality of Uberaba, in the west of the state of Minas Gerais, to discuss project details. Planned investment may reach $1 billion as the Chinese manufacturer, like its peers, targets overseas markets.
A 25 MW / 52 MWh Tesla energy storage system will be installed at the Lake Bonney Wind Farm, in a state which already houses the world’s largest battery.
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