Installations

Winners of the island state’s largest ever renewable energy procurement include AES, Hanwha, Engie, EDF, Longroad.

Anesco is making its international debut with two more major projects for Shell New Energies – its first endeavor outside the UK. The two solar parks in the Netherlands will have a combined capacity of 26 MW. Anesco previously partnered with Shell New Energies on a battery storage project in the UK.

Solar plants are now expected to last 32.5 years and cost $17 per kW/year to operate, as shown by a Berkeley Lab survey of industry participants.

Module price falls driven by the energy demand slump and Chinese oversupply may reverse at the end of the year, Germany appears immune to the Covid rooftop curse and emergency funding has been offered up to EU businesses affected by the crisis.

The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.

The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.

Energy minister Yuval Steinitz has announced the country’s 2030 renewable energy target will rise to 30%, with solar expected to account for the lion’s share. Approximately $23 billion more clean energy investment is envisaged this decade.

Coronavirus-related disruption severely impacted solar installation during the first three months of the year, as the nation added only 689 MW of utility scale PV, against the 1,864 MW that was scheduled to be commissioned.

Australia’s rooftop PV fleet continues to grow in the face of uncertainty surrounding the outbreak of the pandemic, posting another big month above 200 MW. Mega-household solar systems are growing in popularity, but retailers and installers can see the storm clouds gathering.

The rooftop segment maintained strong growth but utility scale PV saw a slowdown on previous months. In the first four months of 2020, newly deployed PV systems added up to 1,479.5 MW of generation capacity, compared with around 1.6 GW in the same period of last year. The nation’s cumulative PV capacity hit 50.46 GW at the end of April.