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Installations

Italy allocates only 20 MW of PV in fourth renewables auction

The Italian authorities have awarded three solar projects in yet another under-subscribed renewables tender. The lowest bid in the procurement exercise came in at €0.06819/kWh and was submitted for a 10 MW solar project. All bids were slightly below the ceiling price of €0.07/kWh. Wind secured most of the assigned capacity.

GCL on verge of cross default over $500m senior notes

The polysilicon manufacturer yesterday extended the deadline for postponing settlement of the investments until Friday – with the notes set to expire on Saturday.

Satellite-derived datasets to measure ground albedo for bifacial PV

A researcher from the NREL has set up a series of datasets of measured ground albedo values using measurement network data in the U.S. and data contributed by the PV industry. The measured albedo datasets are intended to help developers of ground-mounted PV projects in making a choice between monofacial and bifacial panels.

Indian coal miner plans 300 MW floating PV project

Singareni Collieries, an Indian state-run coal miner, plans to set up a 300 MW floating PV plant on a reservoir in the Indian state of Telangana.

Spanish renewables auction secures lowest price of €0.01498/kWh

The Spanish authorities awarded about 2.04 GW of PV and 998 MW of wind capacity, out of a total allocation of approximately 3.03 GW. The average price for solar was €0.02447/kWh.

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Corporate renewables purchases hit record 23.7 GW in 2020

The growth of the global renewables sector in 2020, despite the negative impact of the pandemic, underscores how companies are prioritizing sustainability, BloombergNEF says in a new report.

Compressed air storage to be more than just hot air in Israel

Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.

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Solar system prices to rise – then fall – in 2021, with another record year anticipated

IHS Markit is predicting the world will add 30% more solar capacity this year.

Storing oversized large scale PV with molten salt storage

Scientists from Israel and France have proposed a PV-plus-thermal-storage (PV-TS) concept that may be applied in regions with low direct solar beam radiation and high levels of global solar radiation. They estimated that the grid penetration rate of a large scale PV plant, when combined with molten salt storage, may rise from around 30% to up to 95%.

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Chinese solar developers scramble to pay down debts

Shunfeng International is already overdue on debts of $381 million and a deadline for investors holding GCL-Poly senior notes worth $500 million to agree to postpone payment is due to expire today as the company prepares to vote on a $309 million, 430 MW solar project sell-off.

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