New Zealand will connect 3,000 home battery systems to the national grid to provide demand response services. The government has also set up a US$69 million finance company to accelerate investment in distributed energy generation and electric vehicles as part of its 2050 carbon neutral goals.
The large-scale power plant is being built by JCM Matswani Solar Corp Limited. A 20-year PPA has been signed with the Electricity Supply Corporation of Malawi Limited (ESCOM).
By setting a timeline for the inevitable decarbonization of its fleet, Xcel is moving to have an energy transition on its terms.
After months of preliminary work, the time has come: With its PV+home storage network, sonnen GmbH has received prequalification from TenneT to participate in Germany’s primary control energy market. While it is currently allowed to deliver 1 MW, the goal is to supply 100 MW.
This time, the countries revealing their first floating PV plans are Albania and the Ivory Cost. In the first, a 12.9 MW plant is being proposed by local hydropower producer KESH, while in the second, the local government has secured funds for what it claims will be Africa’s first floating PV array.
Political bloc wants to source at least 32% of energy from renewable generation by 2030 and signed off on the more ambitious target as a statement of intent during the first week of the Katowice climate change conference.
The funds, provided by the European Bank for Reconstruction and Development, will help utility NEPCO repay short-term debt, as well as financing expansion of the grid’s capability to increase the share of solar and other renewable energy.
The manufacturer of C&I storage systems has been awarded funding from the EU’s SME funding scheme to enable mass production of its systems. The company’s production site could see an additional 60 employees added over the next 24 months.
The Spanish oil provider has agreed to buy power from 50 MW of solar through a physical PPA. This is the second solar PPA secured by Solaria Energía from Repsol.
The UK energy technology company said the new contract will provide 120 MW of solar generation through its Limejump Virtual Power Platform. The energy bought from NextEnergy Solar Fund will then be traded on the national grid.
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