Installations

Pumped hydro and battery projects, coupled with renewables, offer the world’s lowest peak clean electricity tariff. The tender, which received bids for for 1.62 GW of capacity against the 1.2 GW sought, saw Greenko secure 900 MW of pumped storage capacity and Renew Power 300 MW of battery storage.

Research institute the Fraunhofer ISE has estimated the technical potential of floating PV at mining sites in Germany at around 56 GW. With floating projects 10-15% more costly than land-based alternatives, researchers have called for further incentives, such as the staging of ‘innovation tenders’.

The project is part of the 1 GW solar program developed by the government with the support of the Asian Development Bank. The solar park will be in the Surkhandarya province, in the far southeast of the country.

The move, by Taitong Industry Ltd, will come as a fresh blow to the Chinese module manufacturer, which twice failed to go public – in the U.S. and China – and whose project development business suffered a battering in China when Beijing reined in subsidies in 2018.

The Moroccan Agency for Sustainable Energy has started to pre-qualify developers for the first phase of the Noor PV II solar project.

Bosnia and Herzegovina’s second-largest utility, Elektroprivreda Republike Srpske (ERS), is planning the $75.7 million project. The region’s first solar park will be built near Trebinje, in Republika Srpska.

The pipeline of large-scale solar projects that are not being planned to compete in public auctions is growing significantly in Brazil, according to a report by consultancy Greener. The study also reveals that all of these projects have already secured a permit to start commercial operations, and that they are located in six states, including Minas Gerais, Sao Paulo and Ceará.

The Minerals Council South Africa has urged the government to solve the country’s energy crisis by adding more power generation capacity from both distributed and large-scale renewables. Meanwhile, several mining companies operating in South Africa are planning their own big solar parks, including two 200 MW facilities under development by Sibanye-Stillwater and Vedanta.

Corporations contracted a record amount of wind and solar energy through power purchase agreements in 2019, up more than 40% from the previous year’s record, says a new report from BloombergNEF. The bulk of this purchasing occurred in the U.S. with tech companies and oil and gas majors leading the charge.

A new report from Enervis shows that Spain is currently the most attractive European market for PV projects with a PPA, with 4.39 GW of contracted capacity. Italy and Germany are the second and third markets for this type of project, with 1.91 GW and 1.05 GW, respectively.