The PV source secured 340 of the 600 MW allocated in the procurement exercise. The price for solar energy was 7% lower than in the previous tender.
The 13 MW array was deployed in the Selangor state on the west coast of Peninsular Malaysia. The plant is selling power to local utility TNB under a 21-year PPA. The project’s levelized cost of energy is MYR 0.21608 ($0.051).
Softbank has energized a 102.3 MW solar park backed by 27 MWh of lithium ion storage capacity. The project was built on 132 hectares of land near the town of Yakumo, in the northern island of Hokkaido.
The latest project is another African opportunity for the India-based EPC player after successfully commissioning Nigeria’s first solar-plus-storage hybrid power plant, which is also Africa’s largest battery energy storage system.
LevelTen Energy’s Q3 2020 PPA Price Index report shows that average utility-scale solar PPA prices rose again in Q3, up to $29.3/MWh. And while the ITC step-down and simple economics are to blame, LevelTen shares that the increases are no cause for alarm.
The NEA has revealed more than 1.3 GW of solar capacity was added to Chinese rooftops last month, with more than 500 MW of it in Shandong province. While poly maker Daqo was forced to revise down its latest sales forecast it predicted a quick rebound in the current quarter.
The Solar Power Challenge website aims to identify the politicians who support solar and have the rooftop panels at home to prove it. The results will not surprise you.
The Ministry of New and Renewable Energy is eager to ramp up deployment of solar-powered dryers, cold storage and charkhas across the nation’s 600,000 villages.
The Western Australian government has given environmental approval to the first stage of the Asian Renewable Energy Hub, a 15 GW hybrid solar and wind plant. The approval is a massive step forward for the project, which will eventually reach 26 GW, and an even larger step forward for green hydrogen development in Australia for domestic use and export.
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