Antonio Delgado Rigal, chief executive of energy forecasting service AleaSoft, tells pv magazine that skyrocketing gas and electricity prices are putting the global economy under strong pressure, while also opening up huge opportunities for solar, renewables and green hydrogen. He says current gas and electricity prices, along with rising CO2 prices, already make green hydrogen competitive. He therefore calls for immediate action on building new capacity, but acknowledges that a quick end is not yet in sight for rising prices.
A report by BloombergNEF and Schneider Electric has pressed the case for governments to unlock the world’s potentially huge rooftop solar potential, and cited California’s solar mandate as a shining example.
Russian energy giant said its gigafactory will be located in Russia’s western exclave of Kaliningrad. The facility is expected to begin manufacturing activities in 2026.
South Korean researchers have tested four operational modes to combine residential batteries with balcony PV modules and have found that the best configuration is when solar is supplied to the load after the battery is fully charged. Charging the battery with the grid prevents the risk of full discharge in the absence of PV power, they said.
TotalEnergies wants to decarbonize hydrogen production in Normandy with the support of Air Liquide and, in Chile, an international consortium has begun construction of the country’s first green hydrogen facility. Elsewhere, the Indian government has invited U.S. companies to bid for green hydrogen and electrolyzer contracts.
With renewable energy generation said to consume up to 95% less water than fossil-fuel fired power plants, solar could lead the way to a less stressed existence in mid century, according to researchers from Finland’s LUT.
A couple of years ago, the Australian state of Queensland became a beacon to advisory Energy Estate and international renewables developer RES Group. The Moah Creek Renewable Energy Project, the first stage of their gigawatt-scale plan, is now about to be introduced to the community.
The World Bank has agreed to finance part of a project owned by Indonesian state-owned utility, PLN. The facility is planned to enable a larger penetration of renewable energy to provide with power two large demand centers in West Java.
A roadmap to rapid carbon emission reduction has suggested the nation add 2.4 GW of generation capacity next year as part of a 15 GW new-solar target this decade. The claims of solar-plus-storage should be ignored for now, according to a new policy document, because batteries will make PV less competitive with coal.
A Norwegian consortium led by Scatec is planning to build a hybrid hydropower-floating PV plant at an unspecified location in West Africa. Building both facilities simultaneously will help its developers define a series of parameters for proper sizing, optimization and design, and set a benchmark for future projects of this kind.
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